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Monterey Park California Real Estate By Jennifer Hershey

Monterey Park California Real Estate

Monterey Park, California, is located in Los Angeles County, of , and 9 miles E of Los Angeles, California. Monterey Park has a population of 60,051.

Monterey Park Homes

Monterey Park properties pool is 19,531 residential properties including Monterey Park new homes. Median age of real estate in Monterey Park is 1960. Average Household size is 3.43 people. 9% are one bedroom homes, 28% are 2 bedroom homes, 44% are 3 bedroom homes, 14% are 4 bedroom homes, and 4% are 5+ bedroom homes.

Monterey Park Mortgage Statistics

Monterey Park mortgages vs. USA median statistics

Homes Monterey Park USA
Homes With No Mortgage 37%
30%
Homes With Mortgage 63%
70%
First Mortgage Only 52%
54%
First & Second Mortgage or HELOC 11%
16%

Monterey Park Area Real Estate Tax

Monterey Park Real estate Tax: Median Real Estate Taxes (2000) were $1,360 comparing to 1999 Median Family income $ 43,507. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Monterey Park School District: Children make up 21.3% of Monterey Park population. Monterey Park has 12,768 under 18 years old residents, or 0.54 kids per one worker, or 0.65 kids per one household.

Monterey Park Real Estate & Monterey Park Homeownership

There are 3320.27 or 17% one person households, 5468.68 or 28% two person households, and 3906.2 or 20% three person households in Monterey Park, California. Median residents age is 38.4, Senior citizens (65+) make up 10,747 or 17.9%% of Monterey Park population.

There are 23,826 workers (over 16 years of age) in Monterey Park. Of these, 89.89% drive to work. Approximately 4.41% of workers in Monterey Park take public transportation. An estimated 1.93% walk to work.

Median Monterey Park homeowner's housing expences are 19.2%

Crime in Monterey Park (2003), crimes per 10,000 residents per year

Type of Crime Monterey Park USA, 2003
Violent Crimes
27.81
47.5
Robberies
16.49
14.2
Aggravated Assaults
10.16
29.5
Property Crimes
229.8
358.8
Burglaries
45.29
74.0
Larceny-Thefts
108.91
241.5
Motor Vehicle Thefts
75.6
43.3

Invest in Monterey Park Properties

When making a decision about buying real estate in Monterey Park California area, you should consider following statistical data:

Category Monterey Park USA
Near Medium City
-
Near Large City
Los Angeles, California
-
Monterey Park Zip Codes
91754, 91755
-
Monterey Park Area Codes
626
-
White population
21.29%
75.1%
African-American population
0.38%
12.3%
Asian
61.82%
3.6%
American Indian & Alaskan
0.65%
0.9%
Hispanic (of any race)
28.91%
12.5%
Median Family Income (1999)
$ 43,507%
$42,000
Population Below Poverty Level
15.5%
12.4%

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