Zip 90623 (La Palma, CA) Economy


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90623 La Palma is a vibrant city located in Orange County, California. The city boasts an affordable 2 bedroom rental price of $2,390, lower than the national average of $1,430. Additionally, groceries in 90623 are slightly more expensive than the US average with a Grocery Cost Index of 104. La Palma is home to many notable companies such as CKE Restaurants Inc. and SteelCore Building Systems LLC. For foodies looking to explore 90623’s culinary offerings, local restaurants like El Pollo Loco and The Habit Burger Grill provide delicious options for guests. Whether you’re shopping at nearby stores or taking advantage of La Palma’s dining scene, there’s plenty of opportunity for exploration in 90623!

La Palma (zip 90623) has an unemployment rate of 6.4%. The US average is 6.0%.

La Palma (zip 90623) has seen the job market decrease by -9.6% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.

Tax Rates for La Palma (zip 90623)
- The Sales Tax Rate for La Palma (zip 90623) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for La Palma (zip 90623) 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 La Palma (zip 90623)
- The average income of a La Palma (zip 90623) resident is $41,514 a year. The US average is $37,638 a year.
- The Median household income of a La Palma (zip 90623) resident is $105,632 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLa Palma, CaliforniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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