Zip 90024 (Los Angeles, CA) Economy


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90024 Los Angeles, CA is a great place to live with lots of local companies and amenities. The average rent for a 2 bedroom apartment in 90024 is $3,390, which is still significantly less than the US average of $1,430. Grocery cost index is 109 versus 100 in the US, proving that 90024 is an affordable living option. Within 90024 there are several businesses such as Sephora, Starbucks, Whole Foods Market and other retail stores. There are also plenty of restaurants to choose from in the area, many of them offering a variety of cuisines from around the world. There are also plenty of parks and recreational activities available for residents to enjoy. Living in 90024 provides countless opportunities for leisure activities suitable for everyone.

Los Angeles (zip 90024) has an unemployment rate of 10.6%. The US average is 6.0%.

Los Angeles (zip 90024) has seen the job market increase by 0.7% 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 90024)
- The Sales Tax Rate for Los Angeles (zip 90024) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 90024) 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 90024)
- The average income of a Los Angeles (zip 90024) resident is $43,483 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 90024) resident is $67,422 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLos Angeles, CaliforniaUnited States
  10.66
  -12.2%-6.2%
  34.6%33.5%
  9.5%6.2%
  8.0%4.6%
  $49,783$37,638
  $67,422$69,021
  $132,267$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  1.0%6.8%
  2.6%10.0%
  1.7%2.5%
  6.6%11.0%
  1.5%4.8%
  0.0%0.8%
  5.9%1.9%
  4.3%4.7%
  2.4%1.9%
  13.8%7.6%
  0.4%0.1%
  2.1%4.2%
  26.4%9.3%
  13.3%14.0%
  4.6%2.1%
  7.4%7.0%
  3.9%4.8%
  1.8%4.7%
Health