Los Angeles County · California · West · 3.9M residents
Los Angeles, CA: economy, jobs & business costs
The site-selection read on Los Angeles: labor costs, talent, corporate tax, energy, and business activity, with the California median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: Curated city row; coverage varies by fact.
Average weekly wages in the surrounding labor market run $1,656/wk. California's corporate income tax rate is 8.84%. Commercial electricity averages 25.5¢/kWh.
Compare Los Angeles side by side
Avg. weekly wage
$1,656/wk
Corporate income tax
8.84%
Bachelor's degree or higher
38.5%
Commercial electricity
25.5¢/kWh
Economic momentum
How fast Los Angeles's economy is moving, ranked against the US cities we track.
49/100
Steady
Ranks Los Angeles's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| Median home value | $950,000 |
| Price per sq. ft. | $660 |
| Property tax rate | 0.75% |
| 1-bedroom rent | $2,350/mo |
| 2-bedroom rent | $3,100/mo |
| State & local income tax | 2.09% |
| Sales tax | 9.5% |
| Corporate income tax | 8.84% |
| Avg. weekly wage | $1,656/wk |
| Bachelor's degree or higher | 38.5% |
| Commercial electricity | 25.5¢/kWh |
| Businesses per 1k residents | 61.5/1k |
| Wage: Software developer | $160,920 |
| Wage: Registered nurse | $135,560 |
| Wage: General manager | $125,830 |
| Wage: Customer service | $48,840 |
| Wage: Warehouse worker | $38,650 |
| Wage: Heavy truck driver | $60,340 |
| Wage: Electrician | $73,810 |
| Wage: Retail salesperson | $37,700 |
| Cost of living index | 149 |
| Groceries index | 110 |
| Utilities | $205/mo |
| Transit pass | $100/mo |
| Gas price | $4.60/gal |
| Healthcare index | 105 |
| Childcare (per child) | $1,800/mo |
| Median household income | $80,000 |
| Unemployment rate | 5.2% |
| Population | 3.9M |
| Crime index | 48/100 |
| School rating | 6.0/10 |
| Walkability | 69/100 |
| Disaster risk | 100/100 |
| Avg. commute | 31 min |
| Sunny days / year | 284 days |
| July high | 82°F |
| January low | 49°F |
| Annual snowfall | — |
| Home price YoY | -0.9% |
| Home price MoM | -0.4% |
| Rent YoY | +0.5% |
| Rent MoM | 0.0% |
| Employment (jobs) YoY | 0.0% |
| Building permits YoY | +6.9% |
| Ocean coast | 15 mi |
| Big lake | 226 mi |
| Mountains | 20 mi |
| Major airport | 10 mi |
| Ski resort | 40 mi |
Popular comparisons
Nearby
- Florence-Graham, CA · 61k
- Huntington Park, CA · 53k
- South Gate, CA · 91k
- Lynwood, CA · 65k
- Compton, CA · 93k
Similar size
- San Diego, CA · 1.4M
- San Jose, CA · 990k
- San Francisco, CA · 830k
- Fresno, CA · 546k
- Sacramento, CA · 529k
Real listings in Los Angeles
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Los Angeles a good place to run a business?
- California's corporate income tax rate is 8.84%; average weekly wages in the surrounding labor market run $1,656/wk; commercial electricity averages 25.5¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Los Angeles, CA?
- Los Angeles indexes at 149 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $3,100/mo and a median home value of $950,000.
- How much does a house cost in Los Angeles?
- The median home value in Los Angeles is $950,000 (compiled estimate; individual listings vary).
- How much is rent in Los Angeles?
- A two-bedroom in Los Angeles rents for about $3,100/mo.