Los Angeles, CA — income, home value, property tax, and sales tax.
In ZIP code 90025, part of Los Angeles, the median home value of $1,079,700 sits against a median household income of $103,894 and per-capita income of $77,516. Los Angeles County's 0.68% effective property tax rate works out to roughly $7,342 annually on that median value, a substantial sum before any mortgage payment. Combined with a 9.75% sales tax rate, carrying costs add up quickly for buyers here. Homes in this range demand well above the area's median earnings, so ownership often hinges on existing equity, dual incomes, or long tenure rather than income alone.
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