Los Angeles, California is known for its sunny weather and iconic landmarks. Located in the zip code of 90291 is a lively neighborhood in West Los Angeles close to Santa Monica and Venice Beach. In this area, the average price for a two-bedroom apartment is $3,370. This is significantly higher than the US national average of $1,430 for a two-bedroom apartment. Grocery costs are also higher here with an index rating of 114 compared to the national average of 100. With high rent prices and grocery costs it can be difficult to manage living expenses in this part of Los Angeles.
The advantage, however, is that there are many local businesses that cater to the needs of the community. Some popular companies located in 90291 include Gelson's Market, an upscale grocery store providing quality produce and specialty items; Juice Crafters, a natural juice bar offering healthy drinks and snacks; Menchie's Frozen Yogurt, where customers create their own delicious frozen treats; Lenny's Deli Café & Catering Co., which serves classic deli sandwiches and salads; and Starfire Yoga Studio offering yoga classes for people of all levels. With these businesses around, residents have access to quality products at convenient locations while still being able to enjoy everything Los Angeles has to offer.
Los Angeles (zip 90291) has an unemployment rate of 10.6%. The US average is 6.0%.
Los Angeles (zip 90291) 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 90291)
- The Sales Tax Rate for Los Angeles (zip 90291) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 90291) 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 90291)
- The average income of a Los Angeles (zip 90291) resident is $64,778 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 90291) resident is $105,871 a year. The US average is $69,021 a year.