Los Angeles, CA — income, home value, property tax, and sales tax.
In ZIP code 90716, near Los Angeles, households earn a median of $76,410, while per-capita income sits at $25,749. A median home value of $569,400 carries a county-level effective property tax rate of 0.68%, a lighter annual obligation than many parts of California. Add the combined 9.75% sales tax on purchases, though, and daily costs climb quickly. The gap between median household earnings and per-person income hints at larger households pooling resources. Housing remains the dominant expense by far, with property and sales taxes layered on top of that.
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