Los Angeles, CA — income, home value, property tax, and sales tax.
In ZIP code 91601, part of Los Angeles, the median home value stands at $1,000,000, while median household income is $79,607 and per-capita income $54,140. The county's 0.68% effective property tax rate works out to roughly $6,800 annually on a home at that median value — a sum that would absorb a significant share of a household's earnings. Combined with a 9.75% sales tax rate, the overall cost of living here weighs heavily against local incomes, making homeownership in this area a substantial financial commitment.
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