Los Angeles, CA is a great place to live with many amenities. The 2 bedroom rent in 90016 of Los Angeles is $2,070 which is higher than the US average rent of $1,430. Grocery cost index in this area is 103 versus 100 in the US. This city also offers many local companies, restaurants and attractions for people to enjoy. Some well-known companies that operate in this area are Bank of America, Wells Fargo and Citi Bank. Popular restaurants include La Sandia Mexican Kitchen & Tequila Bar and Little Sister DTLA. Attractions such as the Hollywood Walk of Fame, Griffith Park Observatory and LACMA are popular places to visit here. Living in Los Angeles is a great opportunity to experience all that the city has to offer!
Los Angeles (zip 90016) has an unemployment rate of 10.6%. The US average is 6.0%.
Los Angeles (zip 90016) 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 34.6%, which is higher than the US average of 33.5%.
Tax Rates for Los Angeles (zip 90016)
- The Sales Tax Rate for Los Angeles (zip 90016) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 90016) 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 Los Angeles (zip 90016)
- The average income of a Los Angeles (zip 90016) resident is $20,028 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 90016) resident is $53,659 a year. The US average is $69,021 a year.