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 Taxes0.080.046
  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 administration2.3%4.8%
ECONOMY MAP
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    Reviews for Los Angeles    226 Reviews
    Not for everyone - 11/4/2018
    This review is about SoCal in general. This is not a dream place! I grew up in the bay area in the 80s. The bay area changed too much so I moved to SoCal. At first it... Read More

    Start Your Review of Los Angeles


    40 years ago maybe.. - 9/24/2018
    A tangle of squabbling 3rd world minorities, along with a healthy helping of hoards and hoards of homeless, crumbling infrastructure, parched landscapes, along with... Read More

    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


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    MAPS OF LOS ANGELES, CALIFORNIA
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    ZIP CODES IN LOS ANGELES, CALIFORNIA
    90011, 91331, 91342, 90044, ... 108 more

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