City of Monterey Park, California
Real Estate Market Report
What is like to live in Monterey Park California? Monterey Park is a city in Los Angeles county (yes, the county is very big) and it is rich with cultural diversity and a significant Asian-American population such as Chinese, Vietnamese and Korean communities. There are approximately 62,000 people living in Monterey Park, per the 2020 census. Compared to other cities and towns in the US, Monterey Park is closer to an urban environment, rather than suburban. There is a high concentration of restaurants, stores and shopping in close proximity, making it highly convenient and offers a lot of variety for its residents.
Per the US Census, Monterey Park has a near average median household income of ~$64,000. This is compared to the national median household income of around ~$70,000. Residents in Monterey Park tend to pursue higher education with around half of its residents having a bachelor's degree. In the city itself, housing prices are high, with median house prices consistently above $600,000.
The city has a variety of recreational activities, including a large variety of Asian cuisine, parks, hiking trails, and sports facilities. In fact, Monterey Park is often considered one of the strongest Asian-American communities in the United States.
Things to Do in Monterey Park Los Angeles
Monterey Park is a city that offers a lot with a wide variety of activities. From dining to natural outdoor activities, Monterey Park is at the center of it all. At its core, Monterey Park is known for cultural diversity and strong Asian-American roots. In fact, some consider the city “Little Taipei”.
For people into nature, there are many hiking trails and parks nearby. Due to its density and relatively urban setup you can find and endless selection of restaurants, shops, and recreational businesses.
Foodies will find that Monterey Park is a haven for Asian cuisine, with an abundance of restaurants serving Chinese, Vietnamese, and Korean dishes, among others. A stroll down Garvey Avenue or Atlantic Boulevard will reveal an extensive selection of restaurants, cafes, and dessert spots, each offering a unique gastronomic experience.
For those who appreciate cultural experiences, Monterey Park has several museums and cultural centers that celebrate the city's heritage. The Vincent Price Art Museum is a must-visit destination for art enthusiasts, while the Monterey Park Historical Museum offers an insight into the city's rich history.
In conclusion, whether you're an outdoor enthusiast, a food lover, or a cultural enthusiast, Monterey Park has something for everyone to enjoy.