Los Angeles, CA — income, home value, property tax, and sales tax.
In ZIP code 90502, near Los Angeles, households earn a median of $94,291 a year, while per-capita income comes to $43,648. A median home value of $697,400 paired with a 0.68% county property tax rate works out to roughly $4,742 annually for a home at that price. Sales taxes add up quickly at 10.25% on purchases, which trims how far each paycheck stretches. Between mortgage costs, property taxes, and elevated sales tax, a substantial share of income goes toward housing and everyday spending, so careful planning matters for households at this earnings level.
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