PlainZIP

Carmel Valley, CA · standard

ZIP Code 93924

Monterey County, California - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

6,279
13/sq mi
$148,563
Median income
$1,222,600
Median home value
58.6%
Bachelor's or higher

The verdict

Carmel Valley pairs a top-decile household income with top-decile home values, in a rural, homeowner-dominated area.

Top 4%
household income, US ZIPs
Top 1%
home value, US ZIPs
13
people per sq mi
80%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 93924 against every reporting US ZIP.

ZIP code 93924 is a mid-sized community (a standard USPS delivery area) in Carmel Valley, Monterey County, California, home to 6,279 residents across 490.5 square miles, a density of 13 people per square mile, in the Los Angeles time zone.

ZIP 93924 skews affluent, with a median household income of $148,563 (46% above the California average), while per-capita income is $90,194. 5.1% of residents live below the poverty line, and the unemployment rate reads 6.8%. The typical home here is valued at $1,222,600 (58% above the state average); renters pay a median of $1,946 monthly, and 80.2% of units are owner-occupied.

This is a highly-educated ZIP: 58.6% of adults hold a bachelor's degree or higher, the median age is 55.3, and the average commute is 30 minutes. Use the benchmarks above to see where 93924 sits relative to California and the national baseline rather than viewing the numbers in isolation.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 93924

Top 5 sectors by establishment count in Carmel Valley, CA

Which industries have the most business establishments in ZIP 93924.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 93924, Carmel Valley, CA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

6,279

Population

490.5

Area (sq mi)

13

People / sq mi

Los Angeles

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 93924?

55.3

Median Age

49.2%

Male

50.8%

Female

9.0%

Foreign-Born

White 82.2%
African American 1.4%
Asian 0.4%
American Indian or Alaska Native 0.4%
Native Hawaiian or Pacific Islander 0.6%
Two or More Ethnicities 12.6%
Hispanic or Latino 11.4%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$148,563

Median Household Income

+46% vs state

$90,194

Per Capita Income

5.1%

Poverty Rate

6.8%

Unemployment Rate

29.5 min

Mean Commute Time

How ZIP 93924 ranks nationally

Carmel Valley, CA household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$148,563 Top 4% higher than 96% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). This entry sits in this band. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 70.3%
Bachelor's Degree or Higher 58.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

2,978

Total Housing Units

2,641

Occupied Units

337

Vacant Units

2.39

Avg Household Size

Occupancy Type

Owner 80.2%
Renter 19.8%

$1,222,600

Median Home Value

+58% vs state

$1,946

Median Rent

1971

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How have home values changed over time?

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+7.6%

YoY Change (2024)

306

HPI Index (2000 = 100)

+206%

Total Change Since 2000

Home values in ZIP 93924 have increased 7.6% over the past year (2024). Since 2000, this ZIP has seen +206% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.9% 203
2021 +14.1% 232
2022 +10.5% 257
2023 +10.8% 284
2024 +7.6% 306

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 242 business establishments in ZIP 93924, employing approximately 1,364 people with a combined annual payroll of $69,395,000.

242

Businesses

1,364

Employees

$69.4M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Construction 65 26.9%
Professional, scientific, and technical services 32 13.2%
Accommodation and food services 21 8.7%
Real estate and rental and leasing 20 8.3%
Administrative and support and waste management and remediation services 15 6.2%
Retail trade 14 5.8%
Other services (except public administration) 14 5.8%
Manufacturing 12 5.0%
Health care and social assistance 9 3.7%
Wholesale trade 8 3.3%
Finance and insurance 8 3.3%
Arts, entertainment, and recreation 8 3.3%
Educational services 7 2.9%
Information 5 2.1%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

More ZIP Codes in Monterey County

93905 standard
Salinas, CA
Pop: 61,087
93906 standard
Salinas, CA
Pop: 59,461
93955 standard
Seaside, CA
Pop: 33,359
93940 standard
Monterey, CA
Pop: 31,615
93960 standard
Soledad, CA
Pop: 27,080
93901 standard
Salinas, CA
Pop: 26,863

Related Areas

Monterey County Carmel Valley, CA California

Frequently Asked Questions

What county is ZIP code 93924 in? ▼
ZIP code 93924 (Carmel Valley) is located in Monterey County, California. Monterey County contains multiple ZIP codes, see the full list at /counties/monterey-ca.
What is the population of ZIP code 93924? ▼
ZIP code 93924 in Carmel Valley, CA has a population of 6,279 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 93924? ▼
The median household income in ZIP 93924 is $148,563, which is 95% above the national average of $76,288.
What is the average home value in ZIP 93924? ▼
The median home value in ZIP 93924 is $1,222,600, which is 340% above the national average of $278,155.
What is the demographic makeup of ZIP 93924? ▼
The largest racial group in ZIP 93924 is White at 82.2%. Hispanic or Latino residents make up 11.4% of the population.
How many businesses are in ZIP code 93924? ▼
ZIP code 93924 has 242 business establishments employing approximately 1,364 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 93924? ▼
The top industries by establishment count in ZIP 93924 are: Construction (65), Professional, scientific, and technical services (32), Accommodation and food services (21). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 93924? ▼
According to the FHFA House Price Index, home values in ZIP 93924 increased by 7.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 206%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 93924? ▼
In ZIP code 93924, 70.3% of residents aged 25+ have a high school diploma or higher, and 58.6% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 93924? ▼
The mean commute time for workers in ZIP code 93924 is 29.5 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 93924? ▼
In ZIP code 93924, approximately 80.2% of occupied housing units are owner-occupied and 19.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 93924? ▼
The poverty rate in ZIP code 93924 is 5.1% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.