Los Angeles, CA is an exciting city with plenty of entertainment options, but it does come at a cost. The 2 Bedroom rent in the 90049 zip code area is significantly higher than the national average, costing $3,290 compared to the US 2 Bedroom Rent of $1,430. While residents may have to pay more for their home rental, groceries are actually more affordable in Los Angeles than the rest of the country. With a Grocery Cost Index of 117 versus 100 in the US, shoppers can find great deals at local stores like Ralphs and Albertsons or specialty markets such as Bristol Farms and Trader Joe's.
Los Angeles (zip 90049) has an unemployment rate of 10.6%. The US average is 6.0%.
Los Angeles (zip 90049) 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 90049)
- The Sales Tax Rate for Los Angeles (zip 90049) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 90049) 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 90049)
- The average income of a Los Angeles (zip 90049) resident is $114,719 a year. The US average is $37,638 a year.
- The Median household income of a Los Angeles (zip 90049) resident is $143,000 a year. The US average is $69,021 a year.