Monterey, CA Expensive To Retire Here, Senior Income Doesn't Keep Up
by Richard Kuehn on 02/14/14
View From A Nonprofit Serving Carmel, Carmel Valley, Gonzalez, Greenfield, King City, Marina, Monterey, Pacific Grove, Pebble Beach, Salinas, Seaside And Soledad California
Monterey County is one of the most expensive counties to retire in, but it's certainly not cheap to do so. The State Franchise Tax Board announced this week that Monterey County residents ranked 34th in median income out of 58 counties during 2012. Marin County was the wealthiest county with a median income of $127,471 compared to $57,180 for those in Monterey County. Santa Cruz County ranked much higher at #13 and a median income of $74,450 in 2012.
Please note that this blog reflects my personal opinion and may or may not reflect the opinion of Hands to Help Seniors and the individual members comprising the Board of Governors.