West Hollywood, CA Economy


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West Hollywood, CA is an exciting and vibrant city known for its bustling nightlife and celebrity culture. It offers a variety of living options, such as 2 bedroom apartments that rent for $3,010 on average. This is significantly higher than the national average of $1,430 for two bedroom apartments. The cost of groceries in West Hollywood is also higher than the US at 109 versus 100. Some popular local companies in the area include Unilever, Tiffany & Co., Pacific Theatres, and Paramount Pictures. All of these companies offer great job opportunities as well as contributing to the diverse cultural offerings available in West Hollywood. With its unique culture and higher than average costs of living, it is no wonder why many people flock to this beautiful city.

West Hollywood has an unemployment rate of 10.0%. The US average is 6.0%.

West Hollywood 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 36.3%, which is higher than the US average of 33.5%.

Tax Rates for West Hollywood
- The Sales Tax Rate for West Hollywood is 9.5%. The US average is 7.3%.
- The Income Tax Rate for West Hollywood 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 West Hollywood
- The average income of a West Hollywood resident is $54,352 a year. The US average is $28,555 a year.
- The Median household income of a West Hollywood resident is $78,719 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Hollywood, CaliforniaUnited States
  106
  -12.2%-6.2%
  36.3%33.5%
  9.5%6.2%
  8.0%4.6%
  $72,926$37,638
  $78,719$69,021
  $117,450$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  1.8%6.8%
  4.5%10.0%
  2.2%2.5%
  9.1%11.0%
  3.2%4.8%
  0.1%0.8%
  12.7%1.9%
  4.2%4.7%
  2.5%1.9%
  18.5%7.6%
  0.3%0.1%
  3.7%4.2%
  5.1%9.3%
  11.3%14.0%
  7.3%2.1%
  5.9%7.0%
  4.6%4.8%
  2.7%4.7%
Reviews for West Hollywood
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Over 10 years ago

Incorporated on November 29, 1984, West Hollywood (colloquially referred to as WeHo)is notably famous for its unique & vibrant commercial corridors, dining, and  More

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Over 16 years ago

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Over 17 years ago

Before coming to LA, I had only lived in "real" cities, such as New York, so I had a very hard time adjusting to the suburban, automobile-centric nature of LA. West  More

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