Zip 91402 (Los Angeles, CA) Economy


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Los Angeles, CA is a vibrant and exciting city with plenty of things to do and places to explore. The population of Los Angeles is estimated at 4 million people which makes it one of the most populous cities in the world. Moreover, 91402 Los Angeles, CA has an average 2 Bedroom Rent of $2,180 per month and a Grocery Cost Index of 101 versus 100 in the US. This shows that living costs in this area are higher than average.
For those looking for recreational activities or entertainment, there are many local businesses such as ArcLight Cinemas Hollywood which offers luxury movie screenings and Get Air Hollywood which provides indoor trampoline parks for kids and adults alike. Additionally, the Universal CityWalk offers outdoor shopping experiences with more than 30 stores ranging from retail to dining options. For artistic stimulation there are numerous galleries such as Gabba Gallery LA featuring contemporary art as well as galleries like Glasser Images offering unique photographs and prints from around the world.

Los Angeles (zip 91402) has an unemployment rate of 10.6%. The US average is 6.0%.

Los Angeles (zip 91402) 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 91402)
- The Sales Tax Rate for Los Angeles (zip 91402) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 91402) 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 91402)
- The average income of a Los Angeles (zip 91402) resident is $14,455 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 91402) resident is $51,485 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLos Angeles, CaliforniaUnited States
  10.66
  -12.2%-6.2%
  34.6%33.5%
  9.5%6.2%
  8.0%4.6%
  $21,419$37,638
  $51,485$69,021
  $54,365$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  11.7%6.8%
  10.4%10.0%
  1.6%2.5%
  12.7%11.0%
  6.0%4.8%
  0.3%0.8%
  1.4%1.9%
  2.1%4.7%
  2.2%1.9%
  3.4%7.6%
  0.1%0.1%
  9.1%4.2%
  4.2%9.3%
  14.5%14.0%
  1.3%2.1%
  8.8%7.0%
  7.6%4.8%
  2.3%4.7%
Health