City

Carmel, CA

2 ZIP codes  ·  Monterey County  ·  California

👥12,377Population
💰$122,500Median HH Income▲ 61% above avg
🎂60.4Median Age
🏠$1,570,800Median Home Value▲ 463% above avg
🎓74.5%College Grads▲ 92% above avg
📊3.8%Unemployment▼ 23% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 47.0% Female 53.0% ♀

Race & Ethnicity

White: 76.6%Hispanic: 11.2%Black: 1%Asian: 6.9%Other: 3.6%Race
White76.6%
Hispanic11.2%
Black1.0%
Asian6.9%
Other3.6%

Age Breakdown

Under 5
3%
5–17
13%
18–24
2%
25–44
15%
45–64
26%
65+
19%

Key Indicators

Median Age60.4 yrs
Avg HH Size2.23
Below Poverty7.1% ▼ 29% below avg
College Grads74.5% ▲ 92% above avg
Unemployment3.8% ▼ 23% below avg
No HS Diploma32 (0.3%)
HS Graduate835 (8.7%)
Some College464 (4.9%)
Associates1,101 (11.5%)
Bachelors894 (9.4%)
Graduate Degree6,221 (65.2%)

Education

No HS: 0.3%HS Grad: 8.7%Some College: 4.9%Associates: 11.5%Bachelors: 9.4%Graduate: 65.2%Edu
No HS0.3%
HS Grad8.7%
Some College4.9%
Associates11.5%
Bachelors9.4%
Graduate65.2%
Housing & Income

Housing Tenure

Owner: 75.6%Renter: 24.4%Tenure
Owner75.6%
Renter24.4%

Home Value Distribution

Under $50k
3%
$50k–$100k
0%
$100k–$150k
1%
$200k–$300k
0%
$300k–$500k
2%
Over $500k
93%

Financials

Median HH Income$122,500 ▲ 61% above avg
Median Home Value$1,570,800 ▲ 463% above avg
Home/Income Ratio12.8x (nat avg ~3.5x)
Median Rent$2,214/mo
Total Housing Units7,108
Vacant Units1,630

Income Distribution

Under $25k
11%
$25k–$50k
11%
$50k–$75k
8%
$75k–$100k
9%
$100k–$150k
16%
$150k–$200k
10%
Over $200k
35%
Employment & Commute

How People Get to Work

Drove Alone
71%
Public Transit
0%
Walked
6%
Work From Home
23%

Commute Time

Under 15 min
45%
15–30 min
31%
30–45 min
16%
Over 45 min
8%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
20%
1960s–1970s
16%
1980s–1990s
7%
2000+
54%
About Carmel, CA

Carmel is a city in California, located in Monterey County. The city spans 2 ZIP codes and is home to approximately 12,377 residents. It is an older city, with a median age of 60.4 years.

Economically, Carmel is a upper-middle-income community. The median household income of $122,500 is significantly above the national average. Approximately 7.1% of residents live below the poverty line. The unemployment rate is 3.8%, below the national average.

The real estate market in Carmel is among the most expensive housing markets in the country. Median home values stand at $1,570,800, which is more than double the national average. Renters typically pay around $2,214 per month. Homeownership is high at 75.6%, typical of suburban and family-oriented communities.

The population of Carmel is highly educated. 74.5% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (76.55%).

Carmel, CA offers residents above-average earning potential within California. Spread across 2 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.

ZIP Codes in Carmel
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
93923 12,377 $122,500 $1,570,800 $2,214 3.8% 74.5% 75.6%