Pros and Cons of Living In Santa Monica, California. Is Santa Monica, CA a Nice Place To Live or Retire?

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Santa Monica, California

Moving to Santa Monica In California ? Is Santa Monica, CA a Nice Place To Live? Pros and Cons of Living in Santa Monica, California. Find out the best and worst about to live, raise a family or retire in Santa Monica.

DEMOGRAPHICS

Population
91600
Unemployment
6.3%
34% NAT AVG.
Poverty
10.1%
28% NAT AVG.
Cost Of Living
220
120% NAT AVG.

ECONOMICS

Median Home Cost
$1452100
532% NAT AVG.
Median Income
$98300
46% NAT AVG.
Median Rent
$1900
64% NAT AVG.
Overall Score
8.5

CRIME REPORT

Total Crime
4393
107% NAT. AVG.
88% STATE AVG.
Violent Crime
541
54% NAT. AVG.
35% STATE AVG.
Property Crime
3852
117% NAT. AVG.
99% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 10
Unemployed People
1 in 16
People Earning < $10,000
1 in 15
People Earning < $50,000
30.2%
People With Any Degree
1 in 1.4

ETHNICITY

Ethnicity Santa Monica USA
White 63.2% 60.1%
African American 4.1% 12.2%
American Indian 0.2% 0.6%
Asian 9.8% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 5.6% 2.8%
Hispanic 16.1% 18.2%
Other 0.9% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Santa Monica USA
Less than $10,000 6.7% 5.8%
$10,000 to $14,999 4.1% 4.1%
$15,000 to $24,999 6.6% 8.5%
$25,000 to $34,999 5.9% 8.6%
$35,000 to $49,999 6.9% 12.0%
$50,000 to $74,999 10.2% 17.2%
$75,000 to $99,999 10.4% 12.8%
$100,000 to $149,999 15.9% 15.6%
$150,000 to $199,999 11.8% 7.1%

EDUCATION

Education Santa Monica USA
< 9th Grade 3% 5.0%
9-12th Grade 3% 7.0%
High School or GED 8% 27.0%
Other College 13% 20.0%
Associate's Degree 5% 9%
Bachelor's Degree 39% 20.0%
Master's Degree 17% 9.0%
Professional Degree 8% 2.0%
Doctorate Degree 4% 1.0%
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. 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.

Cost of living in Santa Monica is 220, which is 120% higher than national average. In Santa Monica, only 68% of adults have a bachelor's degree and 18% have some college but no degree. 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.
Santa Monica Scorecard

Jobs80%

Housing100%

Affordability40%

Safety30%

Amenities100%

Diversity90%

Education90%

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