Zip 90042 (Los Angeles, CA) Economy


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Living in 90042 Los Angeles, CA has many advantages. One advantage is that the 2 bedroom rent for this area is $2,230, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in 90042 Los Angeles, CA is 104 versus 100 in the US which means groceries are slightly cheaper here. This makes it a great place to live for those who want to save money on rent and grocery costs. \nThe area also offers a variety of local businesses to shop at or eat out at. Popular companies include Burritoville Mexican Grill & Cantina, Bob’s Market LA, Il Tramezzino Cafe & Bakery, and Anderson’s Bakery & Deli. With these companies nearby you can find a variety of delicious foods and snacks when you need them. \nLiving in 90042 Los Angeles, CA can be an affordable and enjoyable experience with all these amenities within easy reach.

Los Angeles (zip 90042) has an unemployment rate of 10.6%. The US average is 6.0%.

Los Angeles (zip 90042) 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 90042)
- The Sales Tax Rate for Los Angeles (zip 90042) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 90042) 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 90042)
- The average income of a Los Angeles (zip 90042) resident is $22,320 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 90042) resident is $81,853 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%
  $39,008$37,638
  $81,853$69,021
  $88,223$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  7.6%6.8%
  7.3%10.0%
  2.3%2.5%
  10.5%11.0%
  3.5%4.8%
  0.2%0.8%
  6.3%1.9%
  3.3%4.7%
  2.1%1.9%
  9.5%7.6%
  0.1%0.1%
  4.5%4.2%
  10.1%9.3%
  12.1%14.0%
  4.4%2.1%
  6.8%7.0%
  5.7%4.8%
  3.3%4.7%
Reviews for Los Angeles
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I remember I told a Mexican coworker that I live in this area. He showed his scary face said "You dare to live there?" Yet, me and my family members have not had much  More

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