In 2018, Los Angeles, CA had a population of 3.99M people with a median age of 35.8 and a median household income of $62,474. Between 2017 and 2018 the population of Los Angeles, CA declined from 4M to 3.99M, a -0.232% decrease, and its median household income grew from $60,197 to $62,474, a 3.78% increase.
The number of inhabitants in Los Angeles, CA is 48.9% Hispanic or Latino, 27.8% White Alone, and 11.9% Asian Alone. 59.2% of the people in Los Angeles, CA communicate in a non-English language, and 80.7% are U.S. residents.
The largest universities in Los Angeles, CA are University of Southern California (16,227 degrees awarded in 2017), University of California-Los Angeles (13,684 degrees), and California State University-Northridge (10,434 degrees).
The median property value in Los Angeles, CA is $682,400, and the homeownership rate is 36.3%. Most people in Los Angeles CA commute by Drove Alone, and the average commute time is 30.3 minutes. The average car ownership in Los Angeles, CA is 2 cars per household.
In 2017, universities in Los Angeles, CA awarded 78,532 degrees. The student population of Los Angeles, CA is slanted towards ladies, with 126,163 male students and 163,150 female students.
Most students graduating from Universities in Los Angeles, CA are Hispanic or Latino (25,255 and 37.1%), followed by White (20,683 and 30.4%), Asian (11,776 and 17.3%), and Black or African American (4,718 and 6.94%).
The largest universities in Los Angeles, CA by the number of degrees awarded are University of Southern California (16,227 and 20.7%), University of California-Los Angeles (13,684 and 17.4%), and California State University-Northridge (10,434 and 13.3%).
The most popular majors in Los Angeles, CA are Liberal Arts & Sciences (6,033 and 7.68%), General Business Administration & Management (4,633 and 5.9%), and General Psychology (2,589 and 3.3%).
The median tuition costs in Los Angeles, CA are $29,592 for private four-year colleges, and $5,742 and $17,622 respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Los Angeles, CA employs 2.06M people and Los Angeles has an unemployment rate of 4.6%. Los Angeles has seen the job market increase by 0.7% in the course of the most recent year. Future job growth over the next ten years is predicted to be 34.6%, which is higher than the US average of 33.5%. The biggest ventures in Los Angeles, CA are Health Care and Social Assistance (247,081 people), Retail Trade (203,942 people), and Accommodation and Food Services (180,782 people), and the highest paying industries are Utilities ($86,011), Information ($68,468), and Professional, Scientific, & Technical Services ($66,397).
Households in Los Angeles CA have a median annual income of $62,474, which is more than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $60,197 in 2017, which represents a 3.78% annual growth.
Tax Rates for Los Angeles
– The Sales Tax Rate for Los Angeles is 9.5%. The US average is 7.3%.
– The Income Tax Rate for Los Angeles is 9.3%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Los Angeles
– The average income of a Los Angeles inhabitant is $28,320 every year.
– The Median household income of a Los Angeles inhabitant is $49,682 every year.