Los Angeles, CA 90048 is a great location for those looking to rent a two bedroom home. The average cost of rent in this area is $3,360 per month, which is slightly more expensive than the national average of $1,430. This area also has a higher Grocery Cost Index than the national average of 100, coming in at 113. Many local businesses provide services to the residents of Los Angeles 90048 including restaurants like Carlitos Mexican Restaurant and Taqueria La Mexicana Tacos, entertainment venues like Cinemark 18 & XD movie theater and Los Angeles County Museum of Art, grocery stores such as Trader Joe's and Whole Foods Market, and transportation options such as Uber and Metro Rail.
Los Angeles (zip 90048) has an unemployment rate of 10.6%. The US average is 6.0%.
Los Angeles (zip 90048) has seen the job market decrease by -12.2% 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 90048)
- The Sales Tax Rate for Los Angeles (zip 90048) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 90048) 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 90048)
- The average income of a Los Angeles (zip 90048) resident is $89,457 a year. The US average is $37,638 a year.
- The Median household income of a Los Angeles (zip 90048) resident is $102,567 a year. The US average is $69,021 a year.