LA Information

Los Angeles, California

- Home to around 12.5 million people and accounts for 27% of California's population

-Most populous county in the U.S. and is one of the most ethnically diverse

-Third largest metropolitan economy in the world with a GDP of over $700 billion

Race and Ethnicity

Median Income and Population

-LA Median Income: $68,000

-US Median Income: $62,000

-Around 18% of people in LA are living in poverty

Property Value

-LA Median Property Value: $625,000

-US Median Property Value: $230,000

-Cost of housing in LA eats up more monthly income than any other major US city

-64% of occupied homes are rented (4th highest in US)