Zip 91423 (Los Angeles, CA) Economy


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Los Angeles, CA (91423) is an attractive city for both young and old people. The average two bedroom rental in the area is around $2,850 which is a bit higher than the U.S. average of $1,430. Despite this, residents in the area can find solace in the fact that grocery costs are lower than the national level as indicated by a Grocery Cost Index at 108 versus 100 in the U.S. Los Angeles 91423 offers a variety of businesses to its local population such as Big 5 Sporting Goods, Macy's, Walmart Supercenter and Trader Joe's amongst other retail stores. There is also entertainment such as Cinemark Theatres and numerous restaurants such as Applebee's Grill & Bar and Pizzeria Mozza that will give residents plenty to do during their free time.

Los Angeles (zip 91423) has an unemployment rate of 10.6%. The US average is 6.0%.

Los Angeles (zip 91423) 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 91423)
- The Sales Tax Rate for Los Angeles (zip 91423) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Los Angeles (zip 91423) 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 91423)
- The average income of a Los Angeles (zip 91423) resident is $55,557 a year. The US average is $28,555 a year.
- The Median household income of a Los Angeles (zip 91423) resident is $97,727 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%
  $72,991$37,638
  $97,727$69,021
  $151,042$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  3.2%6.8%
  4.3%10.0%
  2.2%2.5%
  7.2%11.0%
  1.5%4.8%
  0.2%0.8%
  16.1%1.9%
  7.2%4.7%
  3.3%1.9%
  14.2%7.6%
  0.2%0.1%
  2.6%4.2%
  6.7%9.3%
  12.2%14.0%
  7.2%2.1%
  5.4%7.0%
  4.0%4.8%
  2.1%4.7%
Reviews for Los Angeles
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Over 11 years ago

If you decide to live in Sherman Oaks, expect the following issues: 1) the drone of helicopters day and night 2) the passing overhead of 737s (mostly those of  More

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With one of the highest costs of living, The Valley is no place to raise a family. Hollywood goes on strike a couple times per year which has lost the economy several  More

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