Lake Los Angeles, California has seen steady growth due to its close proximity to larger cities like Los Angeles and Bakersfield. This small town is home to a few local companies that help keep the cost of living low in 93591 Lake Los Angeles, CA. Local shops such as Big 5 Sporting Goods, Dollar General, and Farmer Boys offer quality products at an affordable price point that keeps the cost of groceries low for residents. Additionally, 2 bedroom rent in 93591 Lake Los Angeles is $1,870 which is significantly lower than the national average of $1,430. As a result of these businesses’ commitment to affordability, it helps keep the cost of living down so that locals can enjoy their peaceful lifestyle without having to worry about expensive costs.
Lake Los Angeles (zip 93591) has an unemployment rate of 10.9%. The US average is 6.0%.
Lake Los Angeles (zip 93591) has seen the job market decrease by -12.2% 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 Lake Los Angeles (zip 93591)
- The Sales Tax Rate for Lake Los Angeles (zip 93591) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Lake Los Angeles (zip 93591) 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 Lake Los Angeles (zip 93591)
- The average income of a Lake Los Angeles (zip 93591) resident is $21,006 a year. The US average is $37,638 a year.
- The Median household income of a Lake Los Angeles (zip 93591) resident is $53,733 a year. The US average is $69,021 a year.