Los Angeles, California 

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Economy in Los Angeles, California

Los Angeles has an unemployment rate of 5.5%. The US average is 5.2%.

Los Angeles has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is lower than the US average of 38.0%.

Tax Rates for Los Angeles
- The Sales Tax Rate for Los Angeles is 9.0%. The US average is 6.0%.
- The Income Tax Rate for Los Angeles is 8.0%. The US average is 4.6%.

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

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  ECONOMYLos Angeles, CaliforniaUnited States
  Unemployment Rate5.5%5.2%
  Recent Job Growth1.4%1.6%
  Future Job Growth37.3%38.0%
  Sales Taxes9.0%6.0%
  Income Taxes8.0%4.6%
  Income per Cap.$28,320$28,555
  Household Income$49,682$53,482
  Family Median Income$54,171$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.4%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction6.1%6.2%
  Manufacturing8.7%10.4%
  Wholesale trade2.8%2.7%
  Retail trade10.4%11.6%
  Transportation and warehousing3.8%4.1%
  Utilities00
  Information5.8%2.1%
  Finance and insurance3.8%4.7%
  Real estate, rental, leasing2.4%1.9%
  Professional, scientific, technical services8.2%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs5.7%4.3%
  Educational services7.6%9.3%
  Health care and social assistance11.9%13.8%
  Arts, entertainment, recreation4.1%2.2%
  Accommodation, food services8.4%7.4%
  Other services7.2%4.9%
  Public administration0.022610.04801
ECONOMY MAP
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    Reviews for Los Angeles    225 Reviews
    Think again - 9/16/2018
    These reviews can go on forever so I'll try to pick out the most relevant negatives from my perspective and limit them to two big ones. Everyone knows about the traffic... Read More

    Start Your Review of Los Angeles


    The Grand Illusion. - 8/8/2018
    I was born in Carson California, grew up in Torrance, and Lived in and out (no pun intended) of Los Angeles. Moved away in 09/10. If you're thinking of moving to that... Read More

    Crowded and overrated - 7/7/2018
    Lived there for 27 years. I just left LA for Lancaster, Ca. I worked in downtown and commuted from Boyle Heights. It was a 10 min drive without traffic (hardly ever seen... Read More


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    ZIP CODES IN LOS ANGELES, CALIFORNIA
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