Zip 90717 (Lomita, CA) Economy


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The small city of Lomita, CA, located in Los Angeles County has an approximate population of just over 20,000 people. The two-bedroom rent for this area is $2,190 which is much higher than the national two-bedroom rent average of $1,430. Grocery costs in Lomita are also higher with an index of 103 compared to the US average of 100.
For those looking to live in Lomita there are plenty of local companies available such as Stonefire Grill, South Bay Dog Walkers, and Susa’s Creations Cake Design. While the cost may be slightly higher than many other places across the nation, residents can enjoy a short commute to Los Angeles or its surrounding beach cities.

Lomita (zip 90717) has an unemployment rate of 10.9%. The US average is 6.0%.

Lomita (zip 90717) 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 Lomita (zip 90717)
- The Sales Tax Rate for Lomita (zip 90717) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Lomita (zip 90717) 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 Lomita (zip 90717)
- The average income of a Lomita (zip 90717) resident is $42,320 a year. The US average is $37,638 a year.
- The Median household income of a Lomita (zip 90717) resident is $85,728 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLomita, 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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