Santa Monica city, CA

ZIP 90405 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Santa Monica city, CA (90405)

Median Income

$114,489

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,319

Wealth inflow

Population

26,809

Unemployment

7.0%

3.3pp above US avg

IRS migration statistics show a net inflow of about 1,319 for ZIP 90405 (Santa Monica city, CA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

7.0%+90% vs US avg

Self-Employed

1.6%-75% vs US avg

SNAP Benefits

6.5%-44% vs US avg

1,839

Establishments

19,145

Employees

~10 per establishment — small businesses dominate

Professional services

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.5%
Construction2.7%
Manufacturing3.4%
Wholesale trade1.5%
Retail trade4.2%
Transportation, utilities5.1%
Information12.4%
Finance, insurance, real estate7.8%
Professional, scientific, management21.7%
Education, health care, social21.6%
Arts, entertainment, food services9.9%
Other services5.0%
Public administration4.0%

Household Income

Historical Trends in 90405 (2020–Present)

Since 2020, population declined 2.5%, median income rose 0.9% (inflation-adjusted), home values increased 11.8%.

Median Income

$114,489

+52% vs US avg

Unemployment Rate