Los Angeles, CA is an ideal city for those looking to rent. The median two bedroom rent in Los Angeles's 90002 zip code is $1,910 per month, which is lower than the US median of $1,430 for a two bedroom rental. Additionally, the grocery cost index in 90002 Los Angeles is in line with the national average at 100. Popular local businesses to shop from include Whole Foods Market and Trader Joe's for groceries or West Elm and Urban Outfitters for furniture shopping. Prices from these stores vary drastically but most shoppers can find items they need at reasonable prices.
Los Angeles (zip 90002) has an unemployment rate of 10.6%. The US average is 6.0%.
Los Angeles (zip 90002) 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 90002)
- The Sales Tax Rate for Los Angeles (zip 90002) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 90002) 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 90002)
- The average income of a Los Angeles (zip 90002) resident is $10,497 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 90002) resident is $46,159 a year. The US average is $69,021 a year.