Lakewood, California (90712) is an affluent suburban town located in the Los Angeles County. The cost of living in Lakewood is high; the average two bedroom rent is $2,970 compared to the US average of $1,430. In addition, the grocery cost index in Lakewood is 102 versus 100 for the rest of the country. Many locals work at thriving companies such as Panda Express, Del Taco and Lakewood Center Mall. With a variety of shopping centers and many dining options, it's easy to see why it's a popular place to be. Despite its high costs of living, people are drawn to Lakewood for its great schools and coastal lifestyle.
Lakewood (zip 90712) has an unemployment rate of 10.6%. The US average is 6.0%.
Lakewood (zip 90712) 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 33.6%, which is higher than the US average of 33.5%.
Tax Rates for Lakewood (zip 90712)
- The Sales Tax Rate for Lakewood (zip 90712) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Lakewood (zip 90712) 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 Lakewood (zip 90712)
- The average income of a Lakewood (zip 90712) resident is $40,742 a year. The US average is $37,638 a year.
- The Median household income of a Lakewood (zip 90712) resident is $108,877 a year. The US average is $69,021 a year.