Zip 91342 (Los Angeles, CA) Economy


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The median 2 Bedroom rent in 91342 Los Angeles, CA is $2,230 which is considerably higher than the US average of $1,430. For people looking for housing in Los Angeles there are many options from traditional apartments to luxury dwellings. Popular local companies such as Irvine Company Apartment Communities and Equity Residential offer quality residential rental living. The cost of living index for 91342 Los Angeles is 102 vs 100 in the US, making it slightly more expensive to live in LA than the rest of America. Though higher priced overall, the area offers many diverse job and entertainment opportunities that make it a desirable destination for many.

Los Angeles (zip 91342) has an unemployment rate of 10.6%. The US average is 6.0%.

Los Angeles (zip 91342) 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 91342)
- The Sales Tax Rate for Los Angeles (zip 91342) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 91342) 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 91342)
- The average income of a Los Angeles (zip 91342) resident is $19,891 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 91342) resident is $84,312 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%
  $27,435$37,638
  $84,312$69,021
  $88,948$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  10.1%6.8%
  11.8%10.0%
  2.2%2.5%
  11.1%11.0%
  5.0%4.8%
  1.0%0.8%
  2.5%1.9%
  4.2%4.7%
  2.0%1.9%
  4.5%7.6%
  0.1%0.1%
  5.6%4.2%
  7.2%9.3%
  14.9%14.0%
  2.0%2.1%
  5.8%7.0%
  5.4%4.8%
  3.8%4.7%
Reviews for Los Angeles
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Great area to live and work. Close to freeway access, groceries, restaurants, home improvement, car repair, banking, horse trails, hiking trails, view of the valley,  More

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Over 14 years ago

Ive lived in the foothills of Sylmar since 1989 and I love it. In my area there has never been any crime. I am quite surprised when people mention that there is crime  More

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Over 15 years ago

Sylmar has good and bad traits. If you lived here your whole life like I have you will know what I am talking about. We have a lot of gangs including the Sanfers,  More

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