Zip 90047 (Los Angeles, CA) Economy


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Renters looking to move to the Los Angeles area should consider 90047 as a great option. The 2 bedroom rent is $1,970, which is still lower than the US average of $1,430. Additionally, the Grocery Cost Index in this zip code is 101 versus 100 in the US as a whole. This means groceries are slightly more expensive in 90047 than other parts of the country.
The Los Angeles area has lots of companies offering helpful services for those interested in renting in 90047. For example, Reali is a full service real estate company with agents available to help guide you through your search process and find you an amazing rental unit. There’s also Plaid Homes which provides property management services ranging from tenant placement to maintenance and repair work. Finally there's Storey Dwellings who offer interior design services custom tailored for rental properties so you can make your new place feel like home exactly how you want it.
Overall, 90047 in Los Angeles is a great place to rent if you're looking for an affordable yet exciting living situation with plenty of helpful resources around you such as local companies providing services ranging from real estate to interior design.

Los Angeles (zip 90047) has an unemployment rate of 10.6%. The US average is 6.0%.

Los Angeles (zip 90047) 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 90047)
- The Sales Tax Rate for Los Angeles (zip 90047) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 90047) 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 90047)
- The average income of a Los Angeles (zip 90047) resident is $19,409 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 90047) resident is $62,399 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%
  $28,122$37,638
  $62,399$69,021
  $76,526$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  6.4%6.8%
  5.0%10.0%
  2.6%2.5%
  8.3%11.0%
  13.1%4.8%
  0.6%0.8%
  2.0%1.9%
  2.5%4.7%
  2.0%1.9%
  4.5%7.6%
  0.2%0.1%
  7.0%4.2%
  7.0%9.3%
  17.4%14.0%
  1.6%2.1%
  7.8%7.0%
  6.0%4.8%
  6.2%4.7%
Health