Los Angeles is a major metropolitan area in CA with a population of 3,971,896 residents. With a median home price of $673,316 (92% above the national median) and median household income of $82,922, Los Angeles is considered very expensive with a price-to-income ratio of 8.1x.
The real estate market in Los Angeles features a median home price of $673,316, which is 92% higher than the U.S. national median of $350,000. Monthly rent averages $2,805, 87% above the national average. Over the past decade, rent has increased by 47%.
Los Angeles has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Los Angeles offers a median household income of $82,922, which is 18% higher than the national median of $70,000. Residents spend approximately 41% of their income on rent annually, which may pose affordability challenges for some households.
Understanding the climate of Los Angeles is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Los Angeles compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Los Angeles is $673,316, with average monthly rent of $2,805. The median household income is $82,922, giving the city a price-to-income ratio of 8.1x.
Los Angeles is considered expensive with a price-to-income ratio of 8.1x, above the national average of 5x.
Los Angeles has a population of 3,971,896 residents, making it the #1 largest city in the United States.
Los Angeles has a violent crime rate of 481 per 100,000 residents, which is near the national average. The property crime rate is 2165 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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