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Monterey County, CA

Migration of people and income, 20222023 filing years

At a glance (2023)

Cost of living
113
13% above the U.S. average
Median home value
$723,100
national $303,400
Home prices, 5 years
+45.6%
over the 5 years to 2023
Monthly rent
$1,995
national $1,348
Homeownership
52%
national 65%
Unemployment
7.0%
national 3.6%
Household income
$94,486
national $78,538
Median age
35.3 yrs
national 38.7

Cost of living is the metro-area price level for Salinas, CA.

The cost of living runs about 13% above the national average. The median home is valued at $723,100 (nominal). Home prices have risen about 46% over the five years to 2023. Median rent is about $1,995 a month. Unemployment averaged 7.0% in 2023 (national 3.6%). Median household income is $94,486. These figures describe all residents, not just tax filers, come from separate sources than the migration data on this page, and do not indicate why anyone moved.

Between the 2022 and 2023 filing years, Monterey County, CA saw a net loss of 2,414 tax-filing households and a net loss of 4,550 individuals. Against a population of about 430,723, that is a net outflow of about 11 per 1,000 residents. On net, the area lost $19.2M in associated adjusted gross income (AGI, nominal dollars). The largest inflow, about 721 households, came from Santa Cruz County; the largest outflow, about 606 households, went to Santa Clara County. In the prior (2022) filing year, the area saw a net loss of 4,547 individuals. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
-$19.2M
nominal dollars
Net households
-2,414
tax returns
Net people
-4,550
exemptions

-10.6 net people per 1,000 residents (population 430,723)

Income (AGI) in and out

Moved in$699.2M
Moved out$718.4M
Net -$19.2M (nominal)
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Monterey County within California

Monterey County is outlined, with arrows tracing its largest moves to and from other California counties. Hover any county for its figures; click to open it.

Net outNet in(AGI $)
Hover an area to trace its top 5 inbound (in) and outbound (out) moves.
Net income (AGI) that moved in minus out, in nominal dollars (not adjusted for inflation).Net tax returns (filing households) that moved in minus out.Net people per 1,000 residents, so larger and smaller areas compare fairly.
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Where movers came from

  1. 1Santa Cruz County, CA721$57M
  2. 2Santa Clara County, CA577$120.8M
  3. 3Los Angeles County, CA299$31.5M
  4. 4San Diego County, CA226$21.3M
  5. 5Sacramento County, CA178$13.4M
  6. 6Fresno County, CA172$10.8M
  7. 7Alameda County, CA170$29.6M
  8. 8San Benito County, CA155$13.5M
  9. 9San Luis Obispo County, CA126$8.4M
  10. 10San Mateo County, CA109$39.8M
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Where movers went

  1. 1Santa Clara County, CA606$53.5M
  2. 2Santa Cruz County, CA545$32.7M
  3. 3Los Angeles County, CA346$24.1M
  4. 4San Diego County, CA310$14.7M
  5. 5Sacramento County, CA259$15.1M
  6. 6San Benito County, CA234$15.7M
  7. 7Fresno County, CA212$12.6M
  8. 8Yuma County, AZ201$7.5M
  9. 9Alameda County, CA181$12.5M
  10. 10Merced County, CA171$8.1M
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Churn by county · both directions at once

The biggest two-way exchanges of filing households, 20222023. Moved in and moved out are gross one-way counts; net is the difference. Click a column to sort.

Santa Cruz County, CA721545+176+$24.3M
Santa Clara County, CA577606-29+$67.3M
Los Angeles County, CA299346-47+$7.4M
San Diego County, CA226310-84+$6.6M
Sacramento County, CA178259-81-$1.7M
San Benito County, CA155234-79-$2.2M
Fresno County, CA172212-40-$1.8M
Alameda County, CA170181-11+$17.1M
San Luis Obispo County, CA126166-40-$4.8M
Yuma County, AZ81201-120-$3.7M
Merced County, CA83171-88-$3.6M
Orange County, CA104143-39-$3.2M

Counts are filing households (IRS returns), matching the lists above; income is nominal AGI. A dash means the IRS published only one direction of that exchange (small flows are suppressed), so no net is computed.

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Net migration by year

Net 2012–2023: +$408.2M (-34,740 people)
20122023
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Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012+$6.7M-1,629
2013-$190M-2,210
2014-$11.8M-2,409
2015+$37.1M-918
2016+$58M-1,625
2017+$76.8M-3,515
2018-$272.9M-2,368
2019-$7.6M-3,011
2020+$71.1M-3,659
2021-$31.5M-4,299
2022+$691.4M-4,547
2023-$19.2M-4,550
Migration in context

How big is this move, relative to the county?

In the 20222023 filing year, about 4,550 more people left Monterey County, CA than moved in (counting tax filers and their dependents) — a net loss of about $19.2M in income (nominal) — in a county of 434,107 people.

Population
434,107
Census 2023 estimate
Net migration rate
-10.5
net people per 1,000 residents
A town of 10,000 would net about -105 people.
Net income per resident
−$44
nominal dollars
-$19.2M total across 434,107 residents.

The rate lets you compare Monterey County, CA with a countyof any size: it’s the net flow divided by population. The IRS counts tax filers; population counts all residents, so read the rate as a scale indicator, not a literal share of people.

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Components of population change · 2023 (Census)

Where the county’s overall change came from. Census counts all residents; the IRS migration above is one slice of the domestic-migration component.

Births
+5,490
Deaths
-2,908
Net domestic migration
-6,334
Net international migration
+1,907
Total change
-1,777

Source: U.S. Census Bureau, Population Estimates Program. Figures are people, not tax filers.

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Income & cost of living

What a dollar is worth here

Prices around Monterey County, CA run about 13% above the national average. In plain terms: $100 spent here buys about what $88 buys in the average American community. The figures below apply that to income, each compared to the U.S. average of $70,002 per person.

Income per person
$69,644
what people here earn (BEA 2023, nominal)
1% below the U.S. average
Price level
113.2
100 = U.S. average prices (BEA price parity)
everyday costs about 13.2% higher than average
What that income buys
$61,533
local income restated at U.S.-average prices
12% below the U.S. average
Cheaper than U.S. avgU.S. average (100)Pricier

Cost of living shown for the Salinas, CA metro area (BEA publishes price parities by metro, not by county).

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Where the cost comes from · price parity by category

Index where 100 = U.S. average for that category. Housing is usually what separates one place from another.

Housing & rents166.6
Goods104.9
Utilities138.3
Other services104.2

Housing is measured from rents (including an estimated rental value for owner-occupied homes), so a run-up in purchase prices shows here only as it reaches rents. Source: U.S. Bureau of Economic Analysis. Covers all residents, a separate universe from the IRS filer income above. How the data works.

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Who lives here

The people of Monterey County, CA

American Community Survey, 2019–2023 (a 5-year average of all residents, not just tax filers).

Median age
35.3
years
Median household income
$94,486
per household (ACS 2019–2023, nominal)
20% above the U.S. median
College degree
28%
adults 25+ with a bachelor's or higher
Poverty rate
12.6%
residents below the poverty line
Average commute
25 min
mean travel time to work
Broadband at home
93%
households with any broadband
Race and ethnicity (share of residents)
White 28%Hispanic 61%Black 2%Asian 6%Other 4%

White, Black, and Asian counts are people who are not Hispanic or Latino; Hispanic or Latino can be of any race. Shares are rounded and may not total 100.

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Covers all residents, a separate universe from the IRS filer data. A 5-year estimate is an average over 2019–2023; compare years at least five apart, since consecutive windows overlap. How the data works.

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Housing · what it costs to live here (ACS 2019–2023)

Median home value
$723,100
owner-occupied homes
138% above the U.S. median
Median rent
$1,995
gross rent per month
48% above the U.S. median
Homeownership
52%
of occupied homes are owner-occupied
Home-price appreciation · FHFA index, 2023
Past year
+3.3%
price change, 2022 to 2023
Past 5 years
+46%
price change, 2018 to 2023

A repeat-sales index (how much the same homes changed in price), so it tracks the market over time rather than the current level. Source: Federal Housing Finance Agency, annual all-transactions HPI; the county series is FHFA’s developmental index.

New home construction · building permits, 2023
617new housing units authorized in 2023
Single-family 74%Multifamily 26%

Units authorized by residential building permits (new supply), summed from counties for the state and U.S. Permits are authorizations, not completions. Source: U.S. Census Bureau, Building Permits Survey.

Home value is what owners estimate their homes are worth, not recent sale prices. Source: U.S. Census Bureau, American Community Survey 5-year estimates (2019–2023), nominal dollars. How the data works.

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Local economy & risk

Jobs and natural hazards

Unemployment rate
7.0%
BLS 2023 annual average
Labor force
217,204
201,957 employed
Disaster declarations
2
major federal, 2023
most common: Severe Storm

Sources: U.S. Bureau of Labor Statistics (LAUS) and FEMA. A disaster declaration marks federal assistance eligibility, not damage severity, and says nothing about why anyone moved. How the data works.

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Unemployment now
7.2%
April 2026 · ▼ 1.0 points vs April 2025
January 2024April 2026

Source: U.S. Bureau of Labor Statistics (LAUS). Monthly unemployment for this county, not seasonally adjusted. Updated every month, so it moves faster than the annual average above. How the data works.

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How Monterey County, CA has voted. Certified returns, popular vote only. This is a separate dataset from the migration figures on this page.

YearDemocraticRepublicanOtherMarginTotal
202493,06049,2264,432D +29.9146,718
2020113,95346,2993,671D +41.3163,923
201689,08834,8959,425D +40.6133,408
201282,92037,3903,208D +36.9123,518
200888,45338,7972,533D +38.3129,783
200475,24147,8381,465D +22.0124,544
200067,61843,7616,155D +20.3117,534

Source: MIT Election Data and Science Lab county returns (CC0). Margins are the popular-vote gap as a share of all votes cast.

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