Is Monterey Park, CA growing?

Monterey Park, CA had an estimated 59,132 (±128) residents in 2020–2024, against 60,439 in 2015–2019.

That is a change of −2.2%, a measurable decrease.

Its housing went from 21,318 to 22,134 homes (+3.8%), a measurable increase.

0.3% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
59,132 (±128)
Amount of change
−2.2%
Homes change
+3.8%
Built 2020 or later
0.3%

Residents and homes in Monterey Park, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents60,439 (±74)59,132 (±128)−2.2%Measurable decrease
Housing units21,318 (±442)22,134 (±479)+3.8%Measurable increase
Households that rent47.9% (±2.0 points)48.4% (±2.6 points)+0.5 percentage pointsNot a measurable change
Median gross rent$1,400 (±$40)$1,888 (±$46)+34.9%Up after inflation
Median home value$616,000 (±$9,818)$863,000 (±$16,202)+40.1%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Growth in Monterey Park against Los Angeles County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Monterey Park−2.2%Measurable decrease+3.8%
Los Angeles County−2.7%Measurable decrease+3.0%
California0.0%Measurable increase+3.3%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Monterey Park

Housing units by year built, 2020–2024
Year builtMonterey ParkLos Angeles CountyCaliforniaUnited States
2020 or later0.3% (±0.2 points)0.9%1.3%2.0%
2010 to 20192.7% (±0.8 points)4.8%6.5%9.4%
2000 to 20095.2% (±1.1 points)5.8%11.2%13.6%

3.0% of the homes in Monterey Park were built in 2010 or later.

The median age of residents is 45.5 years.

Growth in places near Monterey Park

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Monterey Park—59,132−2.2%Measurable decrease
South San Gabriel2.1 mi7,923−2.6%Not a measurable change
East Los Angeles2.3 mi111,647−7.9%Measurable decrease
Alhambra2.4 mi81,022−4.3%Measurable decrease
Montebello2.6 mi61,045−2.7%Measurable decrease
Rosemead3.2 mi50,013−7.9%Measurable decrease
San Gabriel3.8 mi38,392−4.4%Measurable decrease
Commerce3.8 mi11,993−6.5%Measurable decrease
South Pasadena4.4 mi26,068+1.6%Measurable increase

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Monterey Park

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Monterey Park beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Monterey Park, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Monterey Park, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Monterey Park

Is Monterey Park growing?

Monterey Park, CA had an estimated 59,132 residents in 2020–2024 and 60,439 in 2015–2019, a change of −2.2%: a measurable decrease by the Census Bureau’s test.

How many homes have been added in Monterey Park?

The estimated number of housing units went from 21,318 in 2015–2019 to 22,134 in 2020–2024 (+3.8%), a measurable increase.

How much new construction is there in Monterey Park?

0.3% of homes in Monterey Park were built in 2020 or later and 2.7% between 2010 and 2019.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Monterey Park city, California (place:48914, in state:06).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related