The 90005 zip code of Los Angeles, CA is an ideal place to reside for those who are looking for an affordable, yet luxurious lifestyle. The average two bedroom rental price in this area is $2,390 per month, less than the US average of $1,430 a month. Additionally, the grocery cost index is 105 versus the national average of 100. This means that everyday items are slightly more expensive here than in other parts of the country. In this booming area, locals can take advantage of many different companies such as Wells Fargo Bank, Los Angeles County Public Health Department and Kaiser Permanente Medical Group. For those who enjoy shopping there are numerous stores such as Target and Marshalls located within minutes of each other. Restaurants such as El Pollo Loco and Panda Express also dot the local landscape providing delicious meals for all to enjoy. With its convenient location and plethora of amenities, it's no wonder that so many people choose to call the 90005 zip code home.
Los Angeles (zip 90005) has an unemployment rate of 10.6%. The US average is 6.0%.
Los Angeles (zip 90005) 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 34.6%, which is higher than the US average of 33.5%.
Tax Rates for Los Angeles (zip 90005)
- The Sales Tax Rate for Los Angeles (zip 90005) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 90005) 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 Los Angeles (zip 90005)
- The average income of a Los Angeles (zip 90005) resident is $29,278 a year. The US average is $37,638 a year.
- The Median household income of a Los Angeles (zip 90005) resident is $44,913 a year. The US average is $69,021 a year.