Monterey Park, a city located in the state of California (CA), is home to a population of approximately 60,386 people. Monterey Park boasts a median age of 44.7, with around 29.4% of its residents aged 60 or above. 2.2% of the population identifies as US Veterans. 10.4% of Monterey Park residents are disabled. The city has an average household income of $76,892, while the unemployment rate stands at 5.8%, and around 12% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Monterey Park is $769,387, with a monthly rent averaging $1,791.