Zip 90021 (Los Angeles, CA) Economy


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Los Angeles, California (zip code 90021) offers one of the most vibrant urban lifestyles in the United States. Despite its high costs of living, it still remains a popular location for people seeking to establish themselves. The average rent for a two-bedroom apartment is $2,730, which is significantly higher than the US average of $1,430. Additionally, according to Numbeo's Grocery Cost Index, living in zip code 90021 is 9% more expensive than the national average with an index score of 109 versus 100 for the US. Despite this high cost of living, Los Angeles offers plenty of opportunities to balance out these costs such as many local businesses like SpaceX, Snap Inc., Bel Air Investment Advisors and TBWA\\Chiat\\Day LA that offer competitive salaries and benefits packages. In conclusion, despite its high cost of living when compared to other areas in the country, Los Angeles overall remains an attractive option for those looking to take advantage of its world-class culture and amenities.

Los Angeles (zip 90021) has an unemployment rate of 10.6%. The US average is 6.0%.

Los Angeles (zip 90021) 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 90021)
- The Sales Tax Rate for Los Angeles (zip 90021) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 90021) 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 90021)
- The average income of a Los Angeles (zip 90021) resident is $20,992 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 90021) resident is $25,364 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%
  $29,238$37,638
  $25,364$69,021
  $26,725$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  5.7%6.8%
  18.5%10.0%
  1.2%2.5%
  10.9%11.0%
  4.3%4.8%
  0.0%0.8%
  4.6%1.9%
  0.0%4.7%
  1.8%1.9%
  10.4%7.6%
  0.0%0.1%
  9.2%4.2%
  2.0%9.3%
  9.3%14.0%
  3.1%2.1%
  6.5%7.0%
  10.5%4.8%
  0.0%4.7%
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