The city of 91040 Los Angeles, CA is a great place to live with its affordable housing and many amenities. The average 2 Bedroom rent for the area is $2,160 compared to the US average of $1,430. Furthermore, the Grocery Cost Index in 91040 Los Angeles is 103 versus 100 in the US. There are plenty of local companies and amenities that can be found in the area including upscale boutiques, farmer’s markets, bookstores and entertainment venues like movie theaters. One example of a cost associated with one of these places would be a movie ticket that costs around $15 at most theaters. Additionally, there are also several local restaurants ranging from fast-food establishments to fine dining experiences that offer various price points depending on the type chosen.
Los Angeles (zip 91040) has an unemployment rate of 10.6%. The US average is 6.0%.
Los Angeles (zip 91040) 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 91040)
- The Sales Tax Rate for Los Angeles (zip 91040) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 91040) 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 91040)
- The average income of a Los Angeles (zip 91040) resident is $32,438 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 91040) resident is $98,044 a year. The US average is $69,021 a year.