Zip 90038 (Los Angeles, CA) Economy


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Los Angeles, CA 90038 is an ideal destination for renters looking to enjoy a city lifestyle. With a 2 bedroom rent average of $2,380 per month and a grocery cost index of 107 versus the national average of 100, it is clear that the prices here are slightly higher than other places. That said, the city is home to many businesses that make living here more affordable - from budget-friendly supermarkets like Trader Joe’s and Whole Foods to popular clothing stores such as American Eagle and Gap. Additionally, there are numerous restaurants and cafes serving up delicious dishes from around the world. With all these amenities, it's no wonder Los Angeles has become such a desirable place to live!

Los Angeles (zip 90038) has an unemployment rate of 10.6%. The US average is 6.0%.

Los Angeles (zip 90038) 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 90038)
- The Sales Tax Rate for Los Angeles (zip 90038) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 90038) 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 90038)
- The average income of a Los Angeles (zip 90038) resident is $23,089 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 90038) resident is $51,096 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%
  $33,384$37,638
  $51,096$69,021
  $54,132$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  8.7%6.8%
  3.5%10.0%
  2.0%2.5%
  9.9%11.0%
  3.8%4.8%
  0.3%0.8%
  10.3%1.9%
  2.5%4.7%
  3.8%1.9%
  6.5%7.6%
  0.0%0.1%
  4.2%4.2%
  5.1%9.3%
  7.2%14.0%
  7.1%2.1%
  14.9%7.0%
  8.2%4.8%
  1.7%4.7%
Health