Los Angeles, CA — income, home value, property tax, and sales tax.
ZIP code 90631, which falls in the Los Angeles area, sits in affluent territory: a median household income of $104,251 and per-capita income of $46,885 both run well above national norms, while a median home value of $818,500 signals a costly housing market. Property taxes are levied at a county-level effective rate of 0.66%, so despite the steep home prices, the annual tax bill stays contained. Sales tax combines to 8.75%. Households here earn enough to absorb that consumption cost, though the price of entry into local homeownership remains the dominant financial hurdle.
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