NAICS 541110

Law Offices in Monterey, CA

The 1 ZIP codes assigned to Monterey contained 57 Law Firm establishments in 2023, of which 7 employed 10 or more people.

Establishments (2023)
57
1 ZIP codes
10 or more employees
7
Practical financing floor
Share of county
40%
Monterey County
City population
28,953
2025 estimate

Figures cover the ZIP codes the U.S. Postal Service assigns to Monterey (93940). ZIP areas are not municipal boundaries: they can extend beyond city limits and are shared between neighbouring places. This is a count of establishments in Monterey's ZIP codes, not a count of businesses inside its city limits.

Establishments by size

Employee-count distribution. For most buyers the businesses worth pursuing sit in the 5 to 49 range: large enough to have a manager and real systems, small enough to be owner-operated.

EmployeesEstablishmentsShareDistribution
1-43968.4%
5-9915.8%
10-19712.3%

How this market compares

Monterey against every other city in California on the same measure. City figures cover the ZIP codes assigned to the place rather than its municipal boundary, so they are compared as a share of the businesses in those same ZIP codes rather than per resident. Cities with fewer than 500 businesses in total are left unranked.

Above average3.11% of local businesses, against 2.18% statewide

A larger slice of the local business base than the statewide share. Usually a sign of genuine local demand rather than oversupply.

Vs state share
+42%
Share of local businesses
Rank by count
#59
of 307 cities
Rank by share
#29
of 277 ranked
Since 2020
-7%
Change in establishments

This compares how much of Monterey’s business base is law offices, against the California figure. Base: 1,833 establishments across all industries in the same ZIP codes, 2023. It does not measure revenue, profitability or whether a market is worth entering.

Business size mix

Monterey tracks the California size distribution closely.

Share of establishmentsMontereyCaliforniaDifference
Under 5 employeesOwner-operated, often no management layer68.4%71.3%-2.9%
5 to 49 employeesThe range most individual buyers target28.1%22.1%+6.0%
10 or more employeesPractical floor for acquisition financing12.3%11.0%+1.3%

Nearest comparable markets

The closest places to Monterey that also have Law Firm establishments on record. Useful for spotting a gap next door, or realising the market you are looking at is already served from the town over.

MarketEstablishmentsVs state share
Pacific Grove4n/a
Carmel-by-the-Sea4n/a
Salinas58-23%
Watsonville10-70%
Capitola6-47%

The wider Monterey County market

Employment and payroll are reported at county level only, so the figures below describe the county Monterey sits in.

County establishments (2023)
141
Monterey County
County employees
646
Mid-March employment
County annual payroll
$61M
All establishments
Full Law Firm data for Monterey County

What acquirers look at

Ownership is restricted to licensed attorneys in California. Relevant to the index as a succession signal and a referral source rather than as an acquisition target.

Other industries in Monterey

Nearby cities

Sources

  1. U.S. Census Bureau, 2023 ZIP Code Business Patterns. Establishment counts and size distribution by ZIP code and NAICS, aggregated over the ZIP codes assigned to each city. Retrieved 2026-09-08.
  2. U.S. Census Bureau, 2023 County Business Patterns. Establishment counts, employment and annual payroll by NAICS. Retrieved 2026-09-08.
  3. U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages (2026Q1). Quarterly establishment counts and employment for employers covered by unemployment insurance. Retrieved 2026-09-08.