Los Angeles, CA — income, home value, property tax, and sales tax.
In ZIP code 90505, near Los Angeles, homes carry a median value of $1,204,300, while households earn a median of $115,593 — roughly a ten-to-one ratio between price and annual income. The county's 0.68% effective property tax rate works out to about $8,189 a year on that median home, a real cost even against healthy earnings. Per-capita income sits at $60,677, and shoppers also pay a 10.25% combined sales tax. High property values paired with a low rate still produce substantial annual bills, shaping what buyers here can genuinely afford.
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