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Economy, jobs and prices in Santa Monica, California: official figures

The median household income in Santa Monica was $114,885 a year in the 2020-2024 American Community Survey (in 2024 dollars), 130th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the California median $99,122.

Median household income
$114,885
2020-2024
Unemployment rate (ACS)
6.7%
2020-2024
Mean travel time to work
24.8 min
2020-2024
Median gross rent (monthly)
$2,402
2020-2024
Median home value (owner-occupied)
$1,755,500
2020-2024
Homes occupied by their owners
27.9%
2020-2024
Households with a broadband subscription
94.1%
2020-2024

What is the per capita income in Santa Monica?

Income per resident (per capita income) in Santa Monica averaged $94,641 a year in 2020-2024, 11th highest of 823 US cities of 50,000 or more (US: $44,673; California: $49,513).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Santa Monica?

Santa Monica's Gini index of household income inequality was 0.543 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 19th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Santa Monica, California?

6.7% of the civilian labor force in Santa Monica was unemployed on average over 2020-2024 (3,684 people), 179th highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and California's 6.6%.

Source: U.S. Census Bureau · saved copy

What share of people in Santa Monica are working?

69.2% of Santa Monica's 79,745 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 193rd highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Santa Monica have jobs?

51,486 residents of Santa Monica held civilian jobs, 64.6% of those aged 16 and over (US: 59.7%), and 33 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Santa Monica?

The largest industry group for working residents of Santa Monica was professional, scientific, management and administrative services (25.2% of employed residents), followed by education, health care and social assistance (19.3%) and arts, entertainment, recreation, accommodation and food services (10.6%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Santa Monica work in manufacturing?

Manufacturing employed 5.2% of working residents of Santa Monica, 96th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 25.2% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Santa Monica, California?

Commuters in Santa Monica took 24.8 minutes on average to get to work in 2020-2024, 392nd longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 6.8% travelled an hour or more and 27.4% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Santa Monica get to work?

38.4% of workers living in Santa Monica worked from home in 2020-2024, 3rd highest of 823 US cities of 50,000 or more (US: 15.1%). 47.0% drove to work alone, 2.8% carpooled, 2.2% used public transport and 4.8% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Santa Monica, California?

The median gross rent (rent plus utilities) in Santa Monica was $2,402 a month in 2020-2024, 60th highest of 823 US cities of 50,000 or more (US: $1,413; California: $2,036).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Santa Monica?

Owner-occupied homes in Santa Monica had a median value of $1,755,500 in 2020-2024 as estimated by their owners, 7th highest of 823 US cities of 50,000 or more (US: $332,700; California: $734,700).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Santa Monica?

The median home value in Santa Monica was 15.3 times the median household income, the highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Santa Monica, California own their home?

27.9% of the 47,297 occupied homes in Santa Monica were lived in by their owners in 2020-2024 and 34,107 were rented, 11th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; California: 55.9%).

Source: U.S. Census Bureau · saved copy

What share of homes in Santa Monica have broadband?

94.1% of households in Santa Monica had a broadband internet subscription of some type in 2020-2024, 274th highest of 823 US cities of 50,000 or more (US: 91.0%; California: 93.5%).

Source: U.S. Census Bureau · saved copy

How many households in Santa Monica have no internet?

4.5% of households in Santa Monica (2,141) had no internet access at home in 2020-2024, 377th lowest of 823 US cities of 50,000 or more (US: 6.5%); 6.8% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Santa Monica compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Santa Monica ranks 130 of 823, highest first.

RankCityMedian household income (2024 dollars)
127Petaluma$115,430
128Fountain Valley$115,237
129Downers Grove$115,114
130Santa Monica$114,885
131Murrieta$114,081
132Olathe$114,009
133Eagle Mountain$113,648
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Santa Monica ranks 11 of 823, highest first.

RankCityPer capita income (2024 dollars)
8Newton$97,547
9Bellevue$97,015
10Kirkland$95,367
11Santa Monica$94,641
12Edina$93,210
13Redmond$92,776
14San Francisco$92,289
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Santa Monica ranks 19 of 823, highest first.

RankCityGini index of household income inequality
16Chapel Hill0.549
17Stillwater0.546
18Cincinnati0.543
19Santa Monica0.543
20Tampa0.543
21College Station0.542
22Evanston0.541
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Santa Monica ranks 179 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
176Murrieta6.8%
177Chico6.8%
178Citrus Heights6.7%
179Santa Monica6.7%
180Lake Charles6.6%
181Temple6.6%
182Bloomington6.6%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Santa Monica ranks 193 of 823, highest first.

RankCityLabor force participation rate (16 and over)
190San Ramon69.3%
191Durham69.2%
192Bristol69.2%
193Santa Monica69.2%
194Joliet69.2%
195Greenville69.2%
196Plano69.2%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Santa Monica ranks 392 of 823, highest first.

RankCityMean travel time to work (minutes)
389Jupiter24.9
390Round Rock24.9
391Denver24.9
392Santa Monica24.8
393Greenwood24.8
394Euless24.8
395Tampa24.8
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Santa Monica ranks 3 of 823, highest first.

RankCityWorkers who worked from home
1Sammamish38.8%
2Redmond38.4%
3Santa Monica38.4%
4Frisco37.8%
5Johns Creek37.8%
6Berkeley37.1%
7Alpharetta36.7%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Santa Monica ranks 234 of 823, highest first.

RankCityWorkers commuting by public transportation
231Danbury2.3%
232Erie2.3%
233Lynchburg2.2%
234Santa Monica2.2%
235Milpitas2.2%
236Lafayette2.2%
237Chula Vista2.2%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Santa Monica ranks 728 of 823, highest first.

RankCityEmployed residents working in manufacturing
725Redlands5.2%
726Brookhaven5.2%
727Henderson5.2%
728Santa Monica5.2%
729Sarasota5.2%
730Ocala5.2%
731Smyrna5.1%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Santa Monica ranks 708 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
705San Bernardino19.4%
706Buckeye19.4%
707Fulshear19.3%
708Santa Monica19.3%
709Renton19.2%
710Garden Grove19.2%
711Tracy19.2%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Santa Monica ranks 60 of 823, highest first.

RankCityMedian gross rent per month
57Palm Beach Gardens$2,417
58Santa Barbara$2,413
59Redmond$2,409
60Santa Monica$2,402
61Kirkland$2,401
62Hayward$2,391
63Murrieta$2,388
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Santa Monica ranks 7 of 823, highest first.

RankCityMedian value of owner-occupied homes
4Mountain View$1,927,000
5Sunnyvale$1,801,800
6Redwood City$1,801,700
7Santa Monica$1,755,500
8Encinitas$1,646,800
9San Mateo$1,618,700
10Santa Clara$1,582,600
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Santa Monica ranks 1 of 820, highest first.

RankCityMedian home value as a multiple of median household income
1Santa Monica15.3x
2Santa Barbara14.8x
3Berkeley13.1x
4Arcadia12.7x
5San Luis Obispo12.7x
6Glendale12.5x
7Boulder11.9x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Santa Monica ranks 813 of 823, highest first.

RankCityOccupied homes lived in by their owners
810New Haven28.4%
811Lawrence28.1%
812Jersey City27.9%
813Santa Monica27.9%
814Hawthorne27.2%
815Paterson26.9%
816Hartford25.7%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Santa Monica ranks 274 of 823, highest first.

RankCityHouseholds with a broadband subscription
271Merced94.1%
272Skokie94.1%
273Greenwood94.1%
274Santa Monica94.1%
275Thousand Oaks94.1%
276Alexandria94.1%
277Hesperia94.1%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Santa Monica ranks 447 of 823, highest first.

RankCityHouseholds with no internet access
444Arlington4.5%
445Blue Springs4.5%
446Mesa4.5%
447Santa Monica4.5%
448Lake Elsinore4.5%
449Alhambra4.5%
450Charlotte4.5%
Source: U.S. Census Bureau · saved copy

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Sources

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