Los Angeles, CA — income, home value, property tax, and sales tax.
Households in the 91302 ZIP code, near Los Angeles, report a median income of $185,636, with per-capita earnings of $111,246. A median home value of $1,724,500 pairs with a county property tax rate of 0.68%, which works out to roughly $11,700 a year on a home at that price. Combined sales tax in the area reaches 9.75%, so everyday purchases carry a noticeable premium. Even on these strong earnings, housing costs and consumption taxes claim a meaningful share of the annual budget.
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