Living in Los Angeles, California
Cost of living, income, home prices, rent and demographics of Los Angeles · Census data 2020–2024
Los Angeles has 3,857,263 residents with a median age of 37.2. The median household income is $81,939 (17% lower than the California median), the median home value is $921,200, the median rent is $1,933/month.
Los Angeles at a glance
- Population
- 3,857,263
- Median age
- 37.2State: 37.9
- Median household income
- $81,939State: $99,122
- Median home value
- $921,200State: $734,700
- Median rent
- $1,933/moState: $2,036
- Homeowners
- 36%
- Bachelor's degree or higher
- 38.5%
- Average commute
- 31 min
Is Los Angeles a good place to live?
Cons: Median household income 17% lower than the California median; home values 25% higher than the state median; an average commute of 31 minutes; unemployment of 8.2%; a poverty rate of 16.5%.
The weather is best in July to October.
Cost of living in Los Angeles
Housing is the biggest part of the cost of living. In Los Angeles the median home value is $921,200, 177% higher than the U.S. median. Renters pay a median of $1,933 per month, which is 35% of household income. Homeowners with a mortgage pay $3,497 a month in housing costs.
Los Angeles median household income
The median household income in Los Angeles is $81,939 and the income per person is $47,685. 16.5% of residents live below the poverty line (California: 12%).
Housing in Los Angeles: homes for sale and rent
- Housing units
- 1,554,332
- Owner-occupied
- 36%
- Renter-occupied
- 64%
- Vacant
- 7.4%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.61
Los Angeles demographics
- Population
- 3,857,263
- Median age
- 37.2
- Under 18
- 19.2%
- 65 and older
- 14.2%
- Households
- 1,439,097
- Foreign-born
- 35.7%
- Veterans
- 2.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Los Angeles ›
Education in Los Angeles
38.5% of adults 25 and older in Los Angeles have a bachelor's degree or higher (California: 37.1%), and 13.6% have a graduate or professional degree.
Jobs and commute in Los Angeles
- Unemployment rate
- 8.2%State: 6.6%
- Average commute
- 31 minState: 29 min
- Work from home
- 19.5%
- Drive alone
- 59.8%
- Public transit
- 6.1%
- Walk to work
- 3.2%
- Homes with broadband
- 92.6%
Los Angeles vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Los Angeles | 3,857,263 | $81,939 | $921,200 | $1,933 |
| Culver City | 39,931 | $117,389 | $1,142,900 | $2,737 |
| Ladera Heights | 7,334 | $167,065 | $1,661,600 | $2,875 |
| Marina del Rey | 9,176 | $146,623 | $458,800 | $3,501 |
| View Park-Windsor Hills | 11,230 | $130,504 | $1,141,500 | $2,132 |
| Beverly Hills | 31,624 | $132,977 | $2,000,001 | $2,830 |
| Santa Monica | 91,169 | $114,885 | $1,755,500 | $2,402 |
| West Hollywood | 34,884 | $96,995 | $924,800 | $2,091 |
| Inglewood | 104,569 | $72,750 | $792,800 | $1,787 |
More for people moving to Los Angeles
Los Angeles ZIP code ›Weather and climate ›Living in Los Angeles: FAQ
What is the median household income in Los Angeles, CA?
The median household income in Los Angeles is $81,939, 17% lower than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Los Angeles?
The median home value in Los Angeles is $921,200, compared with $734,700 in California.
How much is rent in Los Angeles?
The median gross rent in Los Angeles is $1,933 per month, about 35% of household income.
Is Los Angeles, CA a good place to live?
Minuses: median household income 17% lower than the California median; home values 25% higher than the state median; an average commute of 31 minutes; unemployment of 8.2%; a poverty rate of 16.5%.
What is the median age in Los Angeles?
The median age in Los Angeles is 37.2 years (California: 37.9).
How long is the commute in Los Angeles?
The average commute to work in Los Angeles is 31 minutes; 19.5% of workers work from home.
What is the unemployment rate in Los Angeles?
The unemployment rate in Los Angeles is 8.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Los Angeles?
38.5% of adults in Los Angeles have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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