Santa Monica is a city in California state in USA with a population of 91600 residents.. The poverty rate of Santa Monica is 10.1%, which is 28% lower than national average. The typical household in Santa Monica earns $98300 a year, compared to the national median of $67,500. Nearly 30.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Santa Monica, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Santa Monica remained 6.3%, which is 34% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Santa Monica, only 68% of adults have a bachelor's degree and 18% have some college but no degree.

Cost of living in Santa Monica is 220, which is 120% higher than national average. Median home value in Santa Monica is $1452100 , which is 532% higher than national average. While median income in Santa Monica remained $98300, which is 46% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.