Los Angeles, CA — income, home value, property tax, and sales tax.
In ZIP code 90605, part of Los Angeles, homes carry a median value of $721,400 while households earn a median of $99,635, and per-capita income sits at $34,318. The county-level effective property tax rate of 0.68% translates into roughly $4,906 in annual taxes on that median home. That outlay equals about 4.9% of median household income, a share shaped as much by California's low assessment rate as by the area's steep housing prices. Sales taxes reach 10.50% on purchases, adding another cost on top of the mortgage and tax bill.
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