Life in Montecito research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Montecito over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Montecito:
The population in Montecito is 8,529.
The median home value in Montecito is $4,965,697.
The median income in Montecito is $212,154.
The cost of living in Montecito is 330 which is 3.3x higher than the national average.
The median rent in Montecito is $3,501.
The unemployment rate in Montecito is 5.0%.
The poverty rate in Montecito is 7.8%.
The average high in Montecito is 69.8° and the average low is 48.8°.
Cost of living in Montecito summary. We use data on the cost of living to determine how expensive it is to live in Montecito. Real estate prices drive most of the variance in cost of living around California. Key points include:
The cost of living in Montecito is 330 with 100 being average.
The cost of living in Montecito is 3.3x higher than the national average.
The median home value in Montecito is $4,965,697.
The median income in Montecito is $212,154.
Living Expense | Montecito | California | National Average | |
---|---|---|---|---|
Overall | 330 | 139 | 100 | |
Services | 102 | 110 | 100 | |
Groceries | 108 | 112 | 100 | |
Health | 99 | 109 | 100 | |
Housing | 839 | 204 | 100 | |
Transportation | 114 | 126 | 100 | |
Utilities | 159 | 124 | 100 |
The average high in Montecito is 69.8° and the average low is 48.8°.
There are 27.0 days of precipitation each year.
Expect an average of 18.1 inches of precipitation each year with 0.0 inches of snow.
Stat | Montecito |
---|---|
Average Annual High | 69.8 |
Average Annual Low | 48.8 |
Annual Precipitation Days | 27.0 |
Average Annual Precipitation | 18.1 |
Average Annual Snowfall | 0.0 |
The current population in Montecito is 8,529. The population has decreased -7.7% from 2010.
Year | Population | % Change |
---|---|---|
2022 | 8,529 | -1.0% |
2021 | 8,611 | -4.2% |
2020 | 8,984 | -2.3% |
2019 | 9,193 | -2.9% |
2018 | 9,471 | 0.3% |
2017 | 9,444 | 5.0% |
2016 | 8,992 | 5.3% |
2015 | 8,540 | -5.9% |
2014 | 9,079 | -1.8% |
2013 | 9,241 | - |
81.6% White with 6,958 White residents.
0.6% African American with 48 African American residents.
0.0% American Indian with 0 American Indian residents.
3.1% Asian with 268 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.6% Other with 47 Other residents.
5.5% Two Or More with 469 Two Or More residents.
8.7% Hispanic with 739 Hispanic residents.
Race | Montecito | CA | USA |
---|---|---|---|
White | 81.6% | 35.2% | 58.9% |
African American | 0.6% | 5.3% | 12.1% |
American Indian | 0.0% | 0.3% | 0.6% |
Asian | 3.1% | 14.9% | 5.7% |
Hawaiian | 0.0% | 0.3% | 0.2% |
Other | 0.6% | 0.4% | 0.4% |
Two Or More | 5.5% | 3.8% | 3.5% |
Hispanic | 8.7% | 39.7% | 18.7% |
Montecito is 55.3% female with 4,717 female residents.
Montecito is 44.7% male with 3,812 male residents.
Gender | Montecito | CA | USA |
---|---|---|---|
Female | 55.3% | 49.9% | 50.4% |
Male | 44.7% | 50.1% | 49.6% |
0.0% of adults in Montecito completed < 9th grade.
2.0% of adults in Montecito completed 9-12th grade.
5.0% of adults in Montecito completed high school / ged.
13.0% of adults in Montecito completed some college.
4.0% of adults in Montecito completed associate's degree.
38.0% of adults in Montecito completed bachelor's degree.
23.0% of adults in Montecito completed master's degree.
12.0% of adults in Montecito completed professional degree.
3.0% of adults in Montecito completed doctorate degree.
Education | Montecito | CA | USA |
---|---|---|---|
< 9th Grade | 0.0% | 9.0% | 4.0% |
9-12th Grade | 2.0% | 7.0% | 6.0% |
High School / GED | 5.0% | 20.0% | 26.0% |
Some College | 13.0% | 20.0% | 20.0% |
Associate's Degree | 4.0% | 8.0% | 9.0% |
Bachelor's Degree | 38.0% | 22.0% | 21.0% |
Master's Degree | 23.0% | 9.0% | 10.0% |
Professional Degree | 12.0% | 3.0% | 2.0% |
Doctorate Degree | 3.0% | 2.0% | 2.0% |
2.7% of households in Montecito earn Less than $10,000.
0.5% of households in Montecito earn $10,000 to $14,999.
5.1% of households in Montecito earn $15,000 to $24,999.
2.4% of households in Montecito earn $25,000 to $34,999.
3.4% of households in Montecito earn $35,000 to $49,999.
5.8% of households in Montecito earn $50,000 to $74,999.
7.7% of households in Montecito earn $75,000 to $99,999.
9.7% of households in Montecito earn $100,000 to $149,999.
8.8% of households in Montecito earn $150,000 to $199,999.
53.9% of households in Montecito earn $200,000 or more.
Income | Montecito | CA | USA |
---|---|---|---|
Less than $10,000 | 2.7% | 4.4% | 4.9% |
$10,000 to $14,999 | 0.5% | 3.2% | 3.8% |
$15,000 to $24,999 | 5.1% | 5.6% | 7.0% |
$25,000 to $34,999 | 2.4% | 6.0% | 7.4% |
$35,000 to $49,999 | 3.4% | 8.7% | 10.7% |
$50,000 to $74,999 | 5.8% | 13.7% | 16.1% |
$75,000 to $99,999 | 7.7% | 12.0% | 12.8% |
$100,000 to $149,999 | 9.7% | 17.8% | 17.1% |
$150,000 to $199,999 | 8.8% | 10.7% | 8.8% |
$200,000 or more | 53.9% | 17.9% | 11.4% |