Living in 90031 Los Angeles, CA can be a great experience due to its many local amenities. The two-bedroom rent for this area is $1,920 which is slightly higher than the US average of $1,430; however, the Grocery Cost Index in 90031 is 103 versus 100 in the US so groceries are still reasonably priced.
The area boasts several local companies such as Legacy Liquor Store and Los Angeles Passport Agency that provide services for its residents. There are also several educational institutions like Point Loma Nazarene University and Cal State LA which offer high quality education. Additionally, with its close proximity to Downtown LA and Hollywood, it offers plenty of entertainment options and a vibrant nightlife to enjoy.
Los Angeles (zip 90031) has an unemployment rate of 10.6%. The US average is 6.0%.
Los Angeles (zip 90031) 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 90031)
- The Sales Tax Rate for Los Angeles (zip 90031) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 90031) 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 90031)
- The average income of a Los Angeles (zip 90031) resident is $15,546 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 90031) resident is $53,319 a year. The US average is $69,021 a year.