Los Angeles, California 

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Economy in Los Angeles, California

Los Angeles has an unemployment rate of 4.6%. The US average is 3.9%.

Los Angeles 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
- The Sales Tax Rate for Los Angeles is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles 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
- The average income of a Los Angeles resident is $28,320 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles resident is $49,682 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYLos Angeles, CaliforniaUnited States
  5.1%3.7%
  0.7%1.6%
  34.6%33.5%
  9.5%6.2%
  8.0%4.6%
  $31,563$31,177
  $54,501$57,652
  $61,092$70,850
  POPULATION BY OCCUPATION
  0.4%1.3%
  0.0%0.6%
  6.1%6.2%
  8.7%10.4%
  2.8%2.7%
  10.4%11.6%
  3.8%4.1%
  0.4%0.9%
  5.8%2.1%
  3.8%4.7%
  2.4%1.9%
  8.2%6.7%
  0.1%0.1%
  5.7%4.3%
  7.6%9.3%
  11.9%13.8%
  4.1%2.2%
  8.4%7.4%
  7.2%4.9%
  2.3%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Los Angeles    234 Reviews
    I love LA - 2/28/2020
    My favorite city in the U.S. Fantastic cultural amenities. Fantastic food from around the world. Great shopping. Lots of interesting architecture and history. The best... Read More

    Start Your Review of Los Angeles


    Not a place to live - 1/13/2020
    LA has the worst of all worlds. Few bright spots- very few. Every good human being moved out or will move out soon. No one should think of moving here to live for... Read More

    Los Angeles is a pit. - 12/12/2019
    Los Angeles is a pit. The cost of living is insane. If you live here you are either poor or rich. ... Read More


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    COMPARE COST OF LIVING
    Compare Los Angeles, California to any other place in the USA.

    MAPS OF LOS ANGELES, CALIFORNIA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Los_Angeles,California Map
    ZIP CODES IN LOS ANGELES, CALIFORNIA
    90011, 91331, 91342, 90044, 91335, 91402, 90003, 90026, 90019, 91343, ... 108 more

    NEW LISTINGS IN LOS ANGELES
    $1,999,999
    17918 Medley Dr
    Bed 4 | Bath 4

    $2,499,000
    10325 Ormond St
    Bed 3 | Bath 2

    $1,199,999
    18625 Delano St
    Bed 4 | Bath 4

    $10,500,000
    10472 W Sunset Blvd
    Bed 6 | Bath 9

    $888,888
    11965 Ratner St
    Bed 4 | Bath 3

    $889,000
    7419 Tranquil Dr
    Bed 4 | Bath 4

    $1,349,000
    17939 Malden St
    Bed 4 | Bath 3


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