90045 Los Angeles, CA is an area with a high cost of living. The average 2 bedroom rent in the area is $3,040 compared to the US average 2 bedroom rent of $1,430. Consequently, grocery costs in this area are also higher than the national average; the Grocery Cost Index for 90045 Los Angeles, CA is 109 versus 100 in the US.
The 90045 zip code includes some of Los Angeles' most sought-after neighbourhoods such as Mar Vista and Palms. This vibrant community boasts many popular local businesses such as Mar Vista Farmers Market, Palms Thai Cuisine, The Playa Room Cafe & Bar and Ohana Poke Co. Additionally, there are numerous entertainment venues nearby for residents to enjoy including Chez Jay Restaurant & Bar and Playa Provisions.
The median household income in 90045 Los Angeles, CA is approximately $83,262 – slightly higher than the national median annual wage of $62,843 – making it one of California's most affluent communities.
Los Angeles (zip 90045) has an unemployment rate of 10.6%. The US average is 6.0%.
Los Angeles (zip 90045) 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 90045)
- The Sales Tax Rate for Los Angeles (zip 90045) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 90045) 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 90045)
- The average income of a Los Angeles (zip 90045) resident is $41,422 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 90045) resident is $115,943 a year. The US average is $69,021 a year.