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CENSUS TRACT

Census Tract 124.01

California · Monterey County · 1,654 residents · 0.303 sq mi
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119.02120121124.02125.03125.04126.01127128130124.01
TRACT SHAPE · Monterey County, CA
The short version

Census Tract 124.01 is wealthier than most US places, with a median household income of $96,429. Population has declined 4% since 2020. 64% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $1,220,200. With a median age of 53.3, the population is older than the US median of 38.9.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 53.3
US median: 38.9
More educated
64% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,654
−4%since 2020
from 1,715 in 2020
2020 – 2024
Population density
5,459 / sq mi
−4%since 2020
from 5,660 / sq mi in 2020
US average: 281
Median age
53.3
−2%since 2020
from 54.6 in 2020
US average: 38.9
Population, 20202024
2K2K2K2K2K20202024Census Tract 124.01
20242K
20202024
Section 02

Income & economy

Median household income
$96,429
−7%inflation adjusted, since 2020
from $85,893 in 2020
US average: $82,259
2020 – 2024
Per capita income
$81,094
+18%since 2020
from $68,452 in 2020
US average: $44,673
Households earning $100K+
62.8%
+7.0 ptssince 2020
from 55.8% in 2020
US average: 53.3%
Poverty rate
5.5%
−1.3 ptssince 2020
from 6.7% in 2020
US average: 12.5%
Income inequality (Gini)
0.501
+1%since 2020
from 0.495 in 2020
US average: 0.476
Workforce by industry, 2024
Wholesale trade6.7%
US avg: 6.9%
Other services6.3%
US avg: 6.7%
Arts, entertainment, food5.8%
US avg: 1.9%
Public administration4.7%
US avg: 4.8%
Information3.6%
US avg: 10.8%
Retail trade2.6%
US avg: 9.9%
Finance & insurance1.4%
US avg: 5.9%
Professional, scientific, technical1.4%
US avg: 5.1%
Transportation & warehousing0.9%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$1,220,200
−2%inflation adjusted, since 2020
from $1,026,400 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$2,022
−8%inflation adjusted, since 2020
from $1,805 in 2020
US average: $1,442
Owner-occupied
40.7%
+3.9 ptssince 2020
from 36.8% in 2020
59.3% rent
Vacancy rate
33.8%
+6.4 ptssince 2020
from 27.4% in 2020
US average: 10.0%
Owner cost-burdened
19.7%
−8.9 ptssince 2020
from 28.6% in 2020
US average: 22.9%
Renter cost-burdened
41.7%
+1.4 ptssince 2020
from 40.4% in 2020
US average: 47.4%
Afford Score
12.7
+6%since 2020
from 11.9 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 124.01 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic83.9%(1,439)
Black0.2%(3)
Hispanic / Latino5%(86)
Asian5.8%(100)
Other5.1%(87)
Diversity Score35.9%(616)
2024
White, non-Hispanic83%(1,372)
Black0.3%(5)
Hispanic / Latino7.2%(119)
Asian2.4%(39)
Other7.2%(119)
Diversity Score37.6%(622)
Diversity Score
38
+5%since 2020
from 36 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
63.5%
+10.4 ptssince 2020
from 53.1% in 2020
US average: 35.6%
High school or higher
95.2%
−0.2 ptssince 2020
from 95.4% in 2020
US average: 89.6%
Graduate degree
36.7%
+5.3 ptssince 2020
from 31.4% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
24.5 min
+23%since 2020
from 19.9 min in 2020
US average: 26.5
Drive alone to work
59.8%
−14.7 ptssince 2020
from 74.5% in 2020
US average: 68.9%
Carpooled to work
5.0%
+2.8 ptssince 2020
from 2.2% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
24.8%
+13.3 ptssince 2020
from 11.5% in 2020
US average: 15.0%
Walked to work
7.3%
−2.9 ptssince 2020
from 10.1% in 2020
US average: 2.4%
Biked to work
3.1%
+1.5 ptssince 2020
from 1.6% in 2020
US average: 0.4%
No vehicle available
6.2%
−3.2 ptssince 2020
from 9.4% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.9%
+1.0 ptssince 2020
from 5.9% in 2020
US average: 5.2%
Labor force participation
60.5%
−2.3 ptssince 2020
from 62.7% in 2020
US average: 63.5%
Self-employed
19.3%
−0.4 ptssince 2020
from 19.7% in 2020
US average: 13.1%
Management & professional
70.4%
+8.1 ptssince 2020
from 62.3% in 2020
US average: 42.5%
Section 08

People & community

Male
52.4%
+8.3 ptssince 2020
from 44.1% in 2020
Female
47.6%
−8.3 ptssince 2020
from 55.9% in 2020
Foreign born
10.9%
−0.8 ptssince 2020
from 11.7% in 2020
US average: 14.1%
Veterans
7.6%
−1.6 ptssince 2020
from 9.2% in 2020
US average: 6.2%
With a disability
13.0%
+1.2 ptssince 2020
from 11.8% in 2020
US average: 13.3%
Uninsured
0.9%
−4.2 ptssince 2020
from 5.1% in 2020
US average: 8.4%
Broadband at home
96.7%
+5.2 ptssince 2020
from 91.5% in 2020
US average: 91.0%
English only at home
84.9%
−4.4 ptssince 2020
from 89.3% in 2020
US average: 77.7%
Spanish at home
4.9%
+2.0 ptssince 2020
from 2.9% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 1,654 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $96,429 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $1,220,200, and the typical rent is about $2,022 a month.

How educated are people in this census tract?

About 63.5% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 5.5% of people in this census tract live below the federal poverty line.

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

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