Los Angeles, CA — income, home value, property tax, and sales tax.
In ZIP 90038, part of Los Angeles, households earn a median of $61,454, while per-person income reaches $46,071. A median home value of $1,177,100 sits far above what those earnings would normally support, so owning here often depends on equity, timing, or outside help. County property taxes run 0.68% of assessed value, a rate that looks tame until it's applied to a seven-figure price. Sales tax of 9.75% adds to everyday costs. Together these figures mean housing dominates the financial picture, and daily spending carries a premium that stretches a mid-five-figure income.
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