Los Angeles, CA — income, home value, property tax, and sales tax.
In ZIP code 90640, near Los Angeles, households earn a median of $79,625, or $34,141 per person. A median home value of $699,700 pairs with a county property tax rate of 0.68%. Sales tax here runs 10.75%, among the higher combined rates in the region, which adds cost to everyday purchases. Together these figures sketch a fairly expensive setting: substantial home values, a sales tax that bites on most transactions, and income that must stretch across both. Buyers weighing this area should plan for property taxes near $4,758 annually on a median-priced home, plus the ongoing sales tax load.
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