Zip 90059 (Los Angeles, CA) Economy


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Los Angeles, California is a great city for those looking to rent two bedrooms. The 2 bedroom rent in the 90059 zip code of Los Angeles is $1,890 compared to the US average of $1,430. Renters in this area can find several local companies offering two bedroom rentals including Los Angeles Apartments, Renters Arcadia and LA Rental Group among others. Additionally, the Grocery Cost Index in Los Angeles is 100 which is equal to the US average. This makes it easy for residents to budget their monthly expenses without having to worry about high costs associated with consumables. All things considered, Los Angeles is an excellent option for those looking for a place to call home with reasonable rent prices and cost of living.

Los Angeles (zip 90059) has an unemployment rate of 10.6%. The US average is 6.0%.

Los Angeles (zip 90059) 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 90059)
- The Sales Tax Rate for Los Angeles (zip 90059) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 90059) 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 90059)
- The average income of a Los Angeles (zip 90059) resident is $10,977 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 90059) resident is $47,682 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%
  $17,746$37,638
  $47,682$69,021
  $52,830$85,028
  Population by Occupation
  2.0%1.2%
  0.1%0.5%
  6.9%6.8%
  10.7%10.0%
  3.5%2.5%
  9.4%11.0%
  13.2%4.8%
  0.4%0.8%
  1.1%1.9%
  1.0%4.7%
  1.2%1.9%
  1.8%7.6%
  0.1%0.1%
  8.3%4.2%
  7.0%9.3%
  12.7%14.0%
  1.2%2.1%
  9.2%7.0%
  6.7%4.8%
  3.6%4.7%
Health