Monterey Park, CA Real Estate
According to census data in the year 2000 there were 20,177 housing units in Monterey Park.
This represents a 0.6% decline from 20,298 in 1990.
Of those housing units, 20,177 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Monterey Park is about 54.1%.
Monterey Park's vacancy rate, including seasonal lodging, is about 3.2%.
Average household size is 3.05 people.
The majority of houses, apartments or condos in Monterey Park were built after 1960.
|Housing Units by Size|
|Five Bedrooms or more||2.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.92|
|Median year structure was built||1958|
|Median Value of occupied units||$216,500|
|Median Price asked for vacant units||$201,800|
Rented Homes, Apartments and Condos
|Average Household Size||3.21|
|Median year structure was built||1965|
|Median Monthly Rent asked for vacant units||$766|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||5.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.2%|