Morro Bay, a city located in the state of California (CA), is home to a population of approximately 10,766 people. Morro Bay boasts a median age of 52.1, with around 37.5% of its residents aged 60 or above. 11.8% of the population identifies as US Veterans. 16.1% of Morro Bay residents are disabled. The city has an average household income of $88,547, while the unemployment rate stands at 9.2%, and around 9.8% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Morro Bay is $789,473, with a monthly rent averaging $1,734.