Interested in purchasing investment houses in the 93940 zip code in Monterey, CA?
The zip code 93940 is in Monterey county with a latitude of -121.843320000000 and longitude of 36.579450000000, is in the state of California. The average asking price of houses and condos is $1,040,899.00 and the average sale price was $594,490.00. this regions is classified as the Monterey - Salinas metro area and is in the 831 area code. The location in degrees is 36° 34' 46.02" N, 121° 50' 35.952" W. The county F.I.P.S. is 06053. This zip code contains three cities including Monterey, CA (42.19%), Del Rey Oaks, CA (2.27%), and Seaside, CA (0.19%) The total land area is 20.5 square miles and the water area is 0.7 square miles. The elevation in this area is 36 - 679 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 93940 is in county number 053 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 32,587 in 2019 and 31,615 in 2010. Of this, the break down in 2019 was 31,779 urban and 807 rural. This further breaks down to 16,218 males (49.8%) and 16,368 females (50.2%). The median age of residents is 40.2 years. The population of the greater Salinas, CA area is 427,632. The population density (people per square mile) is 1,587. This zip code has a combined total of 15,411 houses and condos. There are 7,826 rented appartments. 58% of residents rent versus the 58% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $85,529 and the average salary is $61,721. The median household income of individuals is $66,224.00 and the average is $100,770.00. This zip code has a mean commute time to work of 18.0 minutes. The unemployment rate is 2.8%. Income earners by percent breakdown as 35.40% (Under $50,000), 37.50% ($50,000-$100,000), and 27.10% earn over $100,000. 9.1% of residents live below poverty line versus the 11.8% in the state that are below this line. The cost of living index is 110.7. The educational breakdown is 94.5% have a high school education or higher, 54.5% have a bachelor's degree or higher, and 24.6% have some kind of profesional degree.
This area has 13,739 households and the average size is 2.2 people. Individuals who are single and have never been married are 36.6%, 44.5% are now married, 1.8% are separated, 5.2% are widowed, and 12.0% are divorced. The average yearly contribution amount given by people to charity was $4,450 versus the state average of $4,659. The percent of residents who gave to charity was 32.1%.
The estimated median value of houses and condos is $874,093. The median monthly owner costs of mortgage holders was $3,021, where as the costs for those who don't have a mortgage are $716. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $5,291. In comparision, the average real estate tax percent rate in the state is 0.7% which equated to an average real estate tax amount payment in the state of $4,142. The median housing property tax percent for residents with mortgages was 0.7% which amounted to an average tax amount of $5,907. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $3,768. Reported taxable interest for persons was $3,009, dividends $9,000, capital gains +$32,864, and itemized deductions $36,527. The average earned income tax credit is $1,442. The percent of individuals that use a tax preparer is 56.6%. The total average income taxes paid by individuals was $14,258. Businesses reported an average profit of $25,657.
Whaling Station Steakhouse
763 Wave St, Monterey, CA 93940
Sea Root
1 Old Golf Course Rd, Hyatt Regency Monterey Hotel & Spa, Monterey, CA 93940
Bubba Gump Shrimp Co.
720 Cannery Row, Monterey, CA 93940
Crystal Fish
514 Lighthouse Ave, Monterey, CA 93940
Rappa's Seafood Restaurant
101 Fishermans Wharf, Monterey, CA 93940
Louie Linguini's
660 Cannery Row, Monterey, CA 93940
Benihana
136 Olivier St, Monterey, CA 93940
Sapporo Japanese Sushi & Steakhouse
3 Wharf Ii, Monterey, CA 93940
Sakura Japanese Restaurant
574 Lighthouse Ave, Monterey, CA 93940
Monterey Bay Aquarium
886 Cannery Row, Monterey, CA 93940
Schooners Monterey
400 Cannery Row, Monterey, CA 93940
Fin + Field Restaurant and Bar
350 Calle Principal, Monterey, CA 93940
Chart House
444 Cannery Row, Monterey, CA 93940
Crazy Horse Restaurant
1425 Munras Ave, Monterey, CA 93940
Hula's Island Grill & Tiki Room
622 Lighthouse Ave, Monterey, CA 93940
Duffy's Tavern & Family Restaurant
282 High St, Monterey, CA 93940
Islands
300 Del Monte Ctr, Monterey, CA 93940
Black Bear Diner Monterey
2450 Fremont St, Monterey, CA 93940
Tarpy's Roadhouse
2999 Salinas Hwy, Monterey, CA 93940
Schooners Coastal Kitchen & Bar
400 Cannery Row, Monterey, CA 93940
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