Los Angeles, CA — income, home value, property tax, and sales tax.
In ZIP code 90016, part of Los Angeles, households earn a median of $73,516, or $44,113 per person. A median home is valued at $968,900, and the county-level property tax rate of 0.68% works out to roughly $6,589 a year on that value. Sales tax adds 9.75% to most purchases. Together, these figures sketch a high-cost housing market paired with a comparatively low property tax rate, while everyday spending carries one of the steeper sales tax rates in the country. Income here trails the home values substantially, so buyers often stretch further or bring larger down payments.
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