Lakewood, California has an estimated population of 79,845 people. It is located in the Greater Los Angeles Metropolitan area, just south of Long Beach. The 2 Bedroom rent in Lakewood is $2,890 which is higher than the US average of $1,430. This reflects the high cost of living associated with the area. Grocery Cost Index in Lakewood is 102 versus 100 in the US which again suggest that it may be slightly more expensive than other areas to purchase food items.
Lakewood has many local businesses which makes it a great place to live and work. Some popular employers include Boeing Aerospace Operation, Long Beach Unified School District, Los Angeles County Sheriff's Department and Stonewood Center Shopping Mall. These local businesses provide employment opportunities to locals as well as visitors from nearby cities such as Long Beach, Downey and Cerritos. In addition to these businesses there are also plenty of restaurants, cafes, bars and retail stores catering to different needs and preferences of visitors and locals alike.
All in all 90713 Lakewood offers an attractive lifestyle at a relatively high cost compared to other cities in California with its comfortable housing market, diverse selection of local businesses as well as grocery stores providing plenty of options for food shopping.
Lakewood (zip 90713) has an unemployment rate of 10.6%. The US average is 6.0%.
Lakewood (zip 90713) 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 90713)
- The Sales Tax Rate for Lakewood (zip 90713) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Lakewood (zip 90713) 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 90713)
- The average income of a Lakewood (zip 90713) resident is $42,822 a year. The US average is $37,638 a year.
- The Median household income of a Lakewood (zip 90713) resident is $112,118 a year. The US average is $69,021 a year.