El Segundo, California (90245) is a city located in the southwestern part of Los Angeles County. The city has seen a recent population boom due to its proximity to Los Angeles and its welcoming atmosphere. It is home to many large companies such as Raytheon Technologies, Northrop Grumman Aerospace Systems, and Aerospace Corporation. The average two-bedroom rent in El Segundo is $2,850 which is significantly higher than the US average of $1,430. When looking at grocery costs the Grocery Cost Index for El Segundo is 109 versus 100 in the US on average. This indicates that overall cost of living for El Segundo may be slightly higher compared to other parts of the country.
El Segundo (zip 90245) has an unemployment rate of 10.9%. The US average is 6.0%.
El Segundo (zip 90245) 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 33.7%, which is higher than the US average of 33.5%.
Tax Rates for El Segundo (zip 90245)
- The Sales Tax Rate for El Segundo (zip 90245) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for El Segundo (zip 90245) 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 El Segundo (zip 90245)
- The average income of a El Segundo (zip 90245) resident is $42,575 a year. The US average is $28,555 a year.
- The Median household income of a El Segundo (zip 90245) resident is $126,683 a year. The US average is $69,021 a year.