| ZIP Code | 93923 |
|---|---|
| City | Carmel |
| State | California (CA) |
| County | Monterey County |
| Area Code | 831 |
| Elevation | 2,793 ft |
| Latitude | 36.405775 |
|---|---|
| Longitude | -121.796018 |
| Timezone | Los Angeles (DST) |
| FIPS | 06053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 60.4 yrs |
|---|---|
| Avg Household Size | 2.23 |
| Below Poverty | 7.1% ▼ 29% below avg |
| College Grads | 74.5% ▲ 92% above avg |
| Unemployment | 3.8% ▼ 23% below avg |
| No HS Diploma | 32 (0.3%) |
| HS Graduate | 835 (8.7%) |
| Some College | 464 (4.9%) |
| Associates | 1,101 (11.5%) |
| Bachelors | 894 (9.4%) |
| Graduate Degree | 6,221 (65.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $122,500 ▲ 61% above avg ↑ 23% since 2019 |
|---|---|
| Median Home Value | $1,570,800 ▲ 463% above avg ↑ 35% since 2019 |
| Home/Income Ratio | 12.8x (nat avg ~3.5x) |
| Median Rent | $2,214/mo ↑ 17% since 2019 |
| Total Units | 7,108 |
| Vacant Units | 1,630 |
| Avg HH Size | 2.23 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,108 |
|---|---|
| Vacant | 1,630 |
| Owner Occupied | 75.6% |
| Renter Occupied | 24.4% |
| Avg HH Size | 2.23 |
ZIP code 93923 is located in Carmel, California, within Monterey County. With a population of 12,377, this is a lightly populated ZIP code with an older community — the median age is 60.4 years. Economically, 93923 is a upper-middle-income ZIP code: the median household income of $122,500 is significantly above the national average.
Real estate in ZIP code 93923 represents among the most expensive housing markets in the country. The median home value of $1,570,800 is more than double the national average. Renters can expect to pay around $2,214 per month in median rent. Homeownership is strong here — 75.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 35% since 2019.
The population of 93923 is primarily White (76.55%). Residents are highly educated — 74.5% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 7.1%. Household income has grown by 23% since 2019.
The unemployment rate in 93923 stands at 3.8%, which is below the national average. About 19% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 59%.
Overall, ZIP code 93923 in Carmel, CA is characterized as upper-middle-income, highly educated, an older community, and predominantly owner-occupied. With 12,377 residents, a median household income of $122,500, and a median home value of $1,570,800, it offers a clear picture of life in this part of California.