Los Angeles, CA — income, home value, property tax, and sales tax.
In ZIP code 90221, near Los Angeles, homes carry a median value of $575,000 while the county-level effective property tax rate sits at 0.68%. That rate yields roughly $3,910 in annual property taxes on a median-valued home. Households here earn a median of $72,937, and per-capita income reaches $22,522, so the tax bill alone claims a meaningful share of yearly earnings before mortgage costs enter the picture. A combined sales tax of 9.75% adds further pressure on daily spending, tightening what households can direct toward owning a home in this part of Los Angeles.
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