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CITY

Carmel Valley

California · 4,785 residents · 18.983 sq mi
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The short version

Carmel Valley is significantly wealthier than the US average, with a median household income of $156,161. Population has held roughly steady since 2000. 64% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has more than doubled since 2000, reaching $1,275,500. With a median age of 54.7, the population is older than the US median of 38.9. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 54.7
US median: 38.9
More educated
64% hold a bachelor's degree
US average: 36%
Less affordable
home values up 48%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
4,785
+2%since 2000
from 4,700 in 2000
1990 – 2024
Population density
252 / sq mi
+2%since 2000
from 248 / sq mi in 2000
US average: 281
Median age
54.7
+19%since 2000
from 46.0 in 2000
US average: 38.9
Population, 1990 – 2024
4K4K4K5K5K1990201020202024Carmel Valley
20245K
1990201020202024
Section 02

Income & economy

Median household income
$156,161
+21%inflation adjusted, since 2000
from $70,799 in 2000
US average: $82,259
1990 – 2024
Per capita income
$93,360
+117%since 2000
from $42,991 in 2000
US average: $44,673
Households earning $100K+
81.1%
+31.0 ptssince 2009
from 50.1% in 2009
US average: 53.3%
Poverty rate
4.8%
+0.9 ptssince 2000
from 3.9% in 2000
US average: 12.5%
Income inequality (Gini)
0.457
−5%since 2010
from 0.481 in 2010
US average: 0.476
Workforce by industry, 2024
Wholesale trade9.5%
US avg: 6.9%
Other services6.1%
US avg: 6.7%
Information3.5%
US avg: 10.8%
Agriculture, forestry, fishing2.2%
US avg: 1.6%
Construction2.2%
US avg: 1.2%
Retail trade2%
US avg: 9.9%
Transportation & warehousing2%
US avg: 2.2%
Public administration1%
US avg: 4.8%
Arts, entertainment, food0.8%
US avg: 1.9%
Finance & insurance0.6%
US avg: 5.9%
Professional, scientific, technical0.6%
US avg: 5.1%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$1,275,500
+48%inflation adjusted, since 2000
from $471,700 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$2,211
+46%inflation adjusted, since 2000
from $829 in 2000
US average: $1,442
Owner-occupied
79.2%
+9.3 ptssince 2000
from 69.9% in 2000
20.8% rent
Vacancy rate
12.6%
+5.3 ptssince 2009
from 7.3% in 2009
US average: 10.0%
Owner cost-burdened
25.9%
−30.9 ptssince 2009
from 56.8% in 2009
US average: 22.9%
Renter cost-burdened
47.7%
+22.7 ptssince 2009
from 25.0% in 2009
US average: 47.4%
Afford Score
8.2
+23%since 2000
from 6.7 in 2000
1990 – 2024
Gentrification Score
67
RELATED:See current rent listings in Carmel Valley on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic89.8%(4,220)
Black0.3%(15)
Hispanic / Latino5.8%(273)
Asian1.8%(83)
Other0%
Diversity Score18.9%(888)
2024
White, non-Hispanic85.4%(4,084)
Black0.8%(38)
Hispanic / Latino9.4%(448)
Asian0.4%(20)
Other4.1%(195)
Diversity Score32.6%(1,561)
Diversity Score
33
+73%since 2000
from 19 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
64.0%
+17.0 ptssince 2000
from 47.0% in 2000
US average: 35.6%
High school or higher
97.8%
+3.4 ptssince 2000
from 94.3% in 2000
US average: 89.6%
Graduate degree
24.3%
+4.0 ptssince 2000
from 20.3% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
28.7 min
+62%since 2000
from 17.7 min in 2000
US average: 26.5
Drive alone to work
58.2%
−14.3 ptssince 2009
from 72.5% in 2009
US average: 68.9%
Carpooled to work
4.6%
−8.7 ptssince 2009
from 13.2% in 2009
US average: 8.5%
Public transit
0.0%
−0.9 ptssince 2009
from 0.9% in 2009
US average: 3.2%
Worked from home
36.1%
+26.1 ptssince 2009
from 9.9% in 2009
US average: 15.0%
Walked to work
1.1%
−0.4 ptssince 2009
from 1.6% in 2009
US average: 2.4%
Biked to work
0.0%
−1.8 ptssince 2009
from 1.8% in 2009
US average: 0.4%
No vehicle available
1.8%
−3.1 ptssince 2009
from 5.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.3%
−2.5 ptssince 2011
from 8.8% in 2011
US average: 5.2%
Labor force participation
56.5%
−8.6 ptssince 2011
from 65.1% in 2011
US average: 63.5%
Self-employed
14.9%
+6.2 ptssince 2009
from 8.7% in 2009
US average: 13.1%
Management & professional
69.1%
−3.0 ptssince 2009
from 72.1% in 2009
US average: 42.5%
Section 08

People & community

Male
49.1%
−0.4 ptssince 2009
from 49.5% in 2009
Female
50.9%
+0.4 ptssince 2009
from 50.5% in 2009
Foreign born
6.9%
−2.7 ptssince 2009
from 9.5% in 2009
US average: 14.1%
Veterans
5.3%
−43.5 ptssince 2009
from 48.9% in 2009
US average: 6.2%
With a disability
10.0%
−3.9 ptssince 2012
from 13.9% in 2012
US average: 13.3%
Uninsured
3.6%
−88.2 ptssince 2013
from 91.8% in 2013
US average: 8.4%
Broadband at home
94.9%
+3.0 ptssince 2017
from 91.9% in 2017
US average: 91.0%
English only at home
92.9%
+14.7 ptssince 2016
from 78.2% in 2016
US average: 77.7%
Spanish at home
2.6%
−10.6 ptssince 2016
from 13.2% in 2016
US average: 13.6%
Drill deeper

Places similar to Carmel Valley

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Pop 4,467
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Pop 3,774
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Pop 3,597
Places similar to Carmel Valley
Head to head

Compare Carmel Valley to nearby cities

CARMEL VALLEY VS
Seaside
Income$85,311−45%
Home value$787,100−38%
Population31,636+561%
SEE FULL COMPARISON →
CARMEL VALLEY VS
Monterey
Income$102,846−34%
Home value$1,076,300−16%
Population28,953+505%
SEE FULL COMPARISON →
CARMEL VALLEY VS
Marina
Income$95,955−39%
Home value$818,700−36%
Population23,256+386%
SEE FULL COMPARISON →
CARMEL VALLEY VS
Pacific Grove
Income$106,065−32%
Home value$1,190,400−7%
Population14,659+206%
SEE FULL COMPARISON →
Frequently asked

How many people live in Carmel Valley, California?

Carmel Valley, California has about 4,785 residents according to the 2024 American Community Survey.

What is the median household income in Carmel Valley, California?

The typical household in Carmel Valley, California earns about $156,161 a year. Half of households make more than that, and half make less.

Is Carmel Valley, California expensive?

In Carmel Valley, California, the median home is worth about $1,275,500, and the typical rent is about $2,211 a month.

How educated are people in Carmel Valley, California?

About 64.0% of adults age 25 and over in Carmel Valley, California hold a bachelor's degree or higher.

What is the poverty rate in Carmel Valley, California?

About 4.8% of people in Carmel Valley, California live below the federal poverty line.

Has Carmel Valley, California grown since 1990?

Yes, Carmel Valley, California has grown since 1990. The population has added about 378 residents, a change of about 9 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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