Morro Bay, CA Profile: Facts & Data

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Morro Bay, California - Basic Facts

The City of Morro Bay had a population of 10,666 as of July 1, 2023.

The primary coordinate point for Morro Bay is located at latitude 35.3658 and longitude -120.8499 in San Luis Obispo County. The formal boundaries for the City of Morro Bay encompass a land area of 5.3 sq. miles and a water area of 5.02 sq. miles. San Luis Obispo County is in the Pacific time zone (GMT -8).

The City of Morro Bay has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

California is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Morro Bay is located within North Coast CCD of San Luis Obispo County.


Jump to... (On This Page!)
  1. Morro Bay 2023 Demographic Data
  2. Growth Rates for Morro Bay (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. California Research Tools (Easy Tools & Current Data)
  3. California Data Comparison Tool - 2023 Demographics
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Morro Bay, CA Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 10,666 (100%)
Population in Households 10,315 (96.7%)
Population in Families 7,106 (66.6%)
Population in Group Quarters1 351 ( 3.3%)
Population Density 1,998
Diversity Index2 57
 
 

INCOME

Median Household Income $79,368
Average Household Income $111,211
% of Income for Mortgage4 60%
Per Capita Income $52,437
Wealth Index5 107
Socioeconomic Status Index6 Moderate (50.9)
 

HOUSING

Total HU (Housing Units) 6,547 (100%)
Owner Occupied HU 3,087 (47.2%)
Renter Occupied HU 1,935 (29.6%)
Vacant Housing Units 1,525 (23.3%)
Median Home Value $798,266
Average Home Value $833,503
Housing Affordability Index3 42
 

HOUSEHOLDS

Total Households 5,022
Average Household Size 2.05
Family Households 2,626
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.26% -0.31%
Households -0.10% -0.18%
Families   -0.22%
Median Household Income   2.48%
Per Capita Income   2.99%
Owner Occupied HU   0.09%

Morro Bay, CA - Peer Comparisons by Rank and Percentile

The table below compares Morro Bay to the other 1,611 incorporated cities, towns and CDPs in California by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 480 70th
Population Density # 617 62nd
Median Household Income # 770 52nd
Housing Affordability Index # 415 26th
Per Capita Income # 441 73rd
Diversity Index # 1153 29th

Additional comparisons and rankings can be made with a VERY EASY TO USE California Census Data Comparison Tool.

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