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Los Angeles

Learn about the people, housing, costs and businesses in Los Angeles, California

Median Home$979,662
Median Rent$2,057/month
Population3,857,358
Leading IndustriesProfessional Services · Healthcare · Arts, Food & Hospitality6% professional services
Home Value Growth⬆⬆+11.0% over 2 years
Young Adults35% of residentswell above average
Renters64% of occupied units
NotableAmenity Score78/100 · highly walkable area
NotableTransit80/100 · excellent transit access
Los Angeles
CA

Frequently Asked Questions

What are today's mortgage rates in Los Angeles?

Mortgage rates for Los Angeles are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

View current rates for Los Angeles
What is the median home price in Los Angeles?

The median home value in Los Angeles is $980k. The median monthly rent is $2,057. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Los Angeles?

Home values in Los Angeles have increased 11.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Los Angeles?

Based on a typical all-in ownership cost of $2,197/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $94k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Los Angeles is $89k/year.

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What industries drive the economy in Los Angeles?

The largest employment sectors in Los Angeles are public administration (21%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.