East Los Angeles, CA is an exciting and culturally rich area of Southern California. The two bedroom rent in East Los Angeles is $1,860 compared to the US which is $1,430. This makes it a more expensive place to live than most other areas in the US. In addition, the grocery cost index in East Los Angeles is 101 versus 100 in the US, making groceries slightly more expensive here as well.
The area has a vibrant business community that includes local companies like Boyle Heights Technology Youth Center (BTech), Arturo's Mexican Restaurant and Bar, and El Tepeyac Café. BTech provides technology training and resources for low-income youth and families in the area. Arturo's Mexican Restaurant and Bar offers some of the best authentic Mexican cuisine around while El Tepeyac Café serves up award winning chili burgers. For those looking to experience all that East Los Angeles has to offer, these businesses are certainly worth checking out!
East Los Angeles has an unemployment rate of 10.9%. The US average is 6.0%.
East Los Angeles has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for East Los Angeles
- The Sales Tax Rate for East Los Angeles is 9.5%. The US average is 7.3%.
- The Income Tax Rate for East Los Angeles is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for East Los Angeles
- The average income of a East Los Angeles resident is $12,905 a year. The US average is $28,555 a year.
- The Median household income of a East Los Angeles resident is $54,629 a year. The US average is $69,021 a year.