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Carmel-by-the-Sea city, CA
ZIP 93923 — 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 Carmel-by-the-Sea city, CA (93923)
Median Income
$122,500
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+609
Wealth inflow
Population
12,377
Unemployment
3.8%
0.1pp above US avg
IRS migration statistics show a net inflow of about 609 for ZIP 93923 (Carmel-by-the-Sea 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.
Historical Trends in 93923 (2020–Present)
Since 2020, population declined 4.2%, median income fell 4.0% (inflation-adjusted), home values increased 14.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $122,500 |
| Unemployment | 3.8% |
| Establishments | 579 |
| Employees | 5,085 |