Los Angeles, CA — income, home value, property tax, and sales tax.
In ZIP code 91201, part of Los Angeles, homes carry a median value of $1,152,000 while households earn a median of $82,301 — a gap that makes buying here a stretch for many. The county's 0.68% effective property tax rate works out to roughly $7,834 annually on that median home, a hefty sum against a typical income. Per-capita income sits at $42,017. Add a 10.50% combined sales tax on everyday purchases, and the cost of living compounds quickly, squeezing budgets well beyond the mortgage itself.
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