County profile
Monterey County, CA
United States · GDP 2024
#155 of 3,127 US counties by GDP40th-percentile growthmore diversified than 89% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$38.3B
BEA · 2024
GDP growth (YoY)
+3.5%
BEA · 2024
Jobs tracked
116,784
Census CBP · 2023
Employers
9,212
Census CBP · 2023
Avg. wage
$59.5k
BLS QCEW · 2023
Population
433,729
Census PEP · 2025
Labor, income & education
Unemployment
5.7%
Median HH income
$97.2k±$1.9k
Bachelor's degree+
28.2%±0.7%
Poverty rate
12.7%±0.7%
Business applications
3,530 · 2025
Retail establishments
1,276
29.4/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Scheid Vineyards Inc.Consumer Defensive$52.5M40D2Pacific Valley BancorpFinancial Services$33.1M49D3Lowell Farms Inc.Healthcare$28.3M——4Innovative Payment Solutions, Inc.Technology$41018D5ChampionsGate Acquisition CorporationFinancial Services———6California Orchard Co.Consumer Defensive———7ChampionsGate Acquisition Corporation Class A Ordinary ShareFinancial Services———HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Food & accommodation28%
Health care22%
Retail trade21%
Manufacturing11%
Professional services10%
Admin & support9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
433,729
residents · 2025 · -1.5% since 2020
Income per capita $74.2k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−26,520
International migration+6,929
Natural change+12,301
GDP trend
2019–2024 · nominal
$28.5B2019
$28.7B2020
$31.6B2021
$35.0B2022
$37.0B2023
$38.3B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$781.0k±$13.8k
Median gross rent
$2.1k/mo±$32/mo
Vacancy rate
8.9%±0.5%
Affordability
13.1× wages
Residential permits
$168.7M
775 units · 1.8/1k pop
FEMA risk score
98.7
HUD Fair Market Rent (2BR):$2.7k/mo · 2026
TOP PERILS · FEMA NRI
Drought 100Landslide 100Earthquake 99
FHFA HOUSE PRICE INDEX · 2016–2025
11782016
12602017
13342018
13992019
14442020
16392021
18802022
19422023
20502024
20772025
RESIDENTIAL PERMITS · 2021–2025
↓ -12% since 20218822021
1,0862022
6172023
6772024
7752025
Transport access
BTS · FAA · USACE
Nearest interstate
72.2 km
I-5
Nearest freight rail
9.6 km
UP
Nearest port
130.7 km
VANDENBURG AFB, CA
Nearest commercial airport
68.0 km
MONTEREY RGNL
Filing activity
SEC EDGAR1 filing from 1 company here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$59.5k
avg. annual pay · +20% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Monterey?
Monterey's economy produced $38.3B in 2024, growing 3.5% year over year — about the middle of the pack among US counties. Its largest employment sector is food & accommodation.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.