Los Angeles, CA — income, home value, property tax, and sales tax.
In ZIP code 90066, on the west side of Los Angeles, households bring in a median of $114,141 a year, with per-capita income at $79,538. That earning power meets a steep housing market, where the median home is valued at $1,695,400. Even with the county's 0.68% effective property tax rate, an owner of such a home faces annual property taxes well into five figures. Add a combined sales tax of 9.75% on everyday purchases, and the budget picture shows strong incomes stretched by the cost of living in and around Los Angeles.
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