History of El Monte
The city of El Monte first got its first settlers during the California Gold Rush in the late 19th century. Agriculture was the core in the economy of El Monte and it remained that way well into the early 20th century. After the Great Depression in the 1930s, El Monte subdivided its large tracts of agriculture into smalled sized home lots, transforming its agricultural community to a bedroom community. Railroad stops were introduced to the area and a railroad depot opened by Southern Pacific further stimulated the city of El Monte.
According to the data from the Census Bureau, the average housing income for El Monte lands at $43,504. There are a total of 9,866 total businesses with a total of 50,025 employees estimated in 2012. The total average housing unit value lands at $401,000.
|Household Income||Total Businesses||Employees||Average Housing Value|
According to the 2010-2015 ACS, the median age for El Monte is at around 35.4 years. There is a majority Latino population, landing at 65.2%, Asian alone 29%, and 4.01% white alone.
|Total Population||Percent with College Degree or Above|
|115,586 (estimated 2018)||11.6% (2013-2017)|