Economy & Jobs — Monterey County, California

Employment

Total Establishments9,087
Total Employees116,582
Avg Annual Employment200,244
Avg Annual Pay$61,375
Total Annual Wages$12,289,973,581
Annual Payroll (thousands)$6,638,224
Unemployment Rate5.1%

Income

Median Household Income$91,043
Poverty Rate12.3%
IRS Returns199,960
Total AGI (thousands)$17,223,086
Average AGI per Return$86,133

Federal Spending

Total FY2024$3,198,103,936
Per Capita$7,284
Population Basis439,035

Agriculture

Total Farms215
Land in Farms (acres)1,140,646
Avg Farm Size (acres)5,305
Year2,022

Dining & Food Establishments

Full-service Restaurants390
Fast Food305
Bars28
Coffee & Snacks115