Zip 90020 (Los Angeles, CA) Economy


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90020 Los Angeles, CA is a bustling area with plenty to see and do. It has a variety of local businesses that cater to the community's needs including eateries such as Chummy's Cafe and Foxy's Deli, clothing stores like Pretty Little Fashions and Dee's Boutique, as well as home renovation companies like HomePro Remodelers and Expo Construction. The cost of renting a two bedroom apartment in 90020 Los Angeles, CA is $2,350 which is significantly higher than the US average of $1,430. Furthermore, the Grocery Cost Index is 102 versus the national average of 100, meaning groceries in 90020 Los Angeles are slightly more expensive than in other parts of the country.

Los Angeles (zip 90020) has an unemployment rate of 10.6%. The US average is 6.0%.

Los Angeles (zip 90020) 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 90020)
- The Sales Tax Rate for Los Angeles (zip 90020) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 90020) 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 90020)
- The average income of a Los Angeles (zip 90020) resident is $25,509 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 90020) resident is $51,013 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%
  $37,176$37,638
  $51,013$69,021
  $53,969$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.5%6.8%
  4.0%10.0%
  3.6%2.5%
  12.0%11.0%
  5.2%4.8%
  0.3%0.8%
  4.5%1.9%
  3.9%4.7%
  2.6%1.9%
  10.8%7.6%
  0.2%0.1%
  4.7%4.2%
  6.0%9.3%
  11.9%14.0%
  3.5%2.1%
  12.2%7.0%
  8.1%4.8%
  1.9%4.7%
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