Last updated: 2024 BLS data · Page refreshed:
Commerce has a population of 11,993 with a median age of 35.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 11,993 |
| Median Age | 35.6 |
| White | 13.5% |
| Black or African American | 0.5% |
| Asian | 0.8% |
| Hispanic or Latino | 97.0% |
The median household income in Commerce is $77,064, which is 4.4% below the national median of $80,610. The per capita income is $26,210. The poverty rate is 12.4%.
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In Commerce, 62.8% of residents age 25+ have a high school diploma or higher, and 11.0% hold a bachelor's degree or higher (1.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 62.8% |
| Bachelor's Degree or Higher | 11.0% |
| Graduate or Professional Degree | 1.9% |
The median home value in Commerce is $598,700, above the national median of $303,400. The median monthly rent is $1,549. The homeownership rate is 55.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $598,700 |
| Median Monthly Rent | $1,549 |
| Homeownership Rate | 55.0% |
| Vacancy Rate | 2.2% |
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