This was 2.7 percent lower than the state average of 42.7 percent. In 2020 the total municipality population reached 60,597.
79.2 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Monterey Park city for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 9,457 | 20.8 |
| Regular high school diploma | 10,098 | 22.2 |
| GED or alternative credential | 671 | 1.5 |
| Some college, less than 1 year | 1,358 | 3 |
| Some college, 1 or more years, no degree | 5,727 | 12.6 |
| Associate's degree | 3,185 | 7 |
| Bachelor's degree | 10,475 | 23 |
| Master's degree | 3,395 | 7.5 |
| Professional school degree | 669 | 1.5 |
| Doctorate degree | 515 | 1.1 |

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