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Carmel-by-the-Sea, California

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,162
Population
$129,250
Median Income
$2,000,001
Home Value
68.5
Median Age

Demographics

Carmel-by-the-Sea has a population of 3,162 with a median age of 68.5. Here is the racial and ethnic breakdown of the population:

White
85.2%
Other
7.4%
Hispanic
4.5%
Asian
1.6%
Black
1.3%
Demographic Value
Total Population3,162
Median Age68.5
White85.2%
Black or African American1.3%
Asian1.6%
Hispanic or Latino4.5%
Other / Two or More Races7.4%
Carmel-by-the-Sea, California — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 85.2%Other: 7.4%Hispanic/Latino: 4.5%Other: 2.9%3,162PopulationWhiteWhite85.2%OtherOther7.4%Hispanic/LatinoHispanic/Latino4.5%OtherOther2.9%

Income & Economy

The median household income in Carmel-by-the-Sea is $129,250, which is 60.3% above the national median of $80,610. The per capita income is $95,579. The poverty rate is 6.2%.

$129,250
Median Household Income
$95,579
Per Capita Income
6.2%
Poverty Rate

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Education

In Carmel-by-the-Sea, 94.0% of residents age 25+ have a high school diploma or higher, and 72.9% hold a bachelor's degree or higher (23.0% with a graduate or professional degree).

HS Diploma+
94.0%
Bachelor's+
72.9%
Graduate+
23.0%
Education Level % of Adults (25+)
High School Diploma or Higher94.0%
Bachelor's Degree or Higher72.9%
Graduate or Professional Degree23.0%

Housing

The median home value in Carmel-by-the-Sea is $2,000,001, above the national median of $303,400. The median monthly rent is $2,707. The homeownership rate is 60.1%.

$2,000,001
Median Home Value
$2,707/mo
Median Rent
60.1%
Homeownership Rate
Housing Metric Value
Median Home Value$2,000,001
Median Monthly Rent$2,707
Homeownership Rate60.1%
Vacancy Rate53.0%

Salaries in California

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Frequently Asked Questions

What is the population of Carmel-by-the-Sea, California?
The population of Carmel-by-the-Sea, California is 3,162 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Carmel-by-the-Sea, California?
The median household income in Carmel-by-the-Sea, California is $129,250. This is 60.3% above the national median of $80,610.
What is the median home value in Carmel-by-the-Sea, California?
The median home value in Carmel-by-the-Sea, California is $2,000,001. The median monthly rent is $2,707.
What percentage of people in Carmel-by-the-Sea have a college degree?
In Carmel-by-the-Sea, California, 72.9% of adults age 25 and older hold a bachelor's degree or higher, and 94.0% have a high school diploma or higher.
Is Carmel-by-the-Sea, California an affordable place to live?
The home price-to-income ratio in Carmel-by-the-Sea, California is 15.5x (median home value $2,000,001 vs. median income $129,250), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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