GITNUX MARKETDATA REPORT 2024

Statistics About The Average Income In Los Angeles

The average income in Los Angeles is higher compared to the national average, with a diverse range of income levels across different neighborhoods.

With sources from: latimes.com, epi.org, census.gov, datausa.io and many more

Statistic 1

The average household income in Los Angeles County, California, is approximately $72,797.

Statistic 2

On average, incomes in Los Angeles County are below the national average by about $2,000.

Statistic 3

The median household income in Los Angeles, California is $62,142 per year

Statistic 4

The average income of the top 1% in Los Angeles County was $1,598,900 per year in 2018.

Statistic 5

The average income for a family in Los Angeles is $86,202 annually.

Statistic 6

Los Angeles reports an average per capita income of $36,112 annually.

Statistic 7

The average income for a male full-time, year-round worker in Los Angeles is $60,932.

Statistic 8

The average income for a female full-time, year-round worker in Los Angeles is $50,749.

Statistic 9

The average income for the top 5% of households in Los Angeles is over $250,000.

Statistic 10

The average income of a tech employee in Los Angeles is $133,400 per year.

Statistic 11

The median income for a doctor in LA is $218,173.

Statistic 12

About 17.1% of Los Angeles households have an income less than $35,000.

Statistic 13

In Los Angeles County, the median income for Asian households was $81,349 in 2019.

Statistic 14

In Los Angeles County, the median income for Hispanic households was $52,353 in 2019.

Statistic 15

In Los Angeles County, the median income for Black households was $45,438 in 2019.

Statistic 16

In Los Angeles County, the median income for white households was $83,553 in 2019.

Statistic 17

In Los Angeles, single adults need to earn a minimum of $32,653 per year to survive on their own.

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In this post, we will explore a comprehensive overview of the average income landscape in Los Angeles, California, based on a variety of key statistics. From household incomes and demographic variations to specific professions and income brackets, we delve into the numbers that paint a vivid picture of the economic situation in one of America’s most diverse and vibrant cities.

Statistic 1

"The average household income in Los Angeles County, California, is approximately $72,797."

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Statistic 2

"On average, incomes in Los Angeles County are below the national average by about $2,000."

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Statistic 3

"The median household income in Los Angeles, California is $62,142 per year"

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Statistic 4

"The average income of the top 1% in Los Angeles County was $1,598,900 per year in 2018."

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Statistic 5

"The average income for a family in Los Angeles is $86,202 annually."

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Statistic 6

"Los Angeles reports an average per capita income of $36,112 annually."

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Statistic 7

"The average income for a male full-time, year-round worker in Los Angeles is $60,932."

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Statistic 8

"The average income for a female full-time, year-round worker in Los Angeles is $50,749."

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Statistic 9

"The average income for the top 5% of households in Los Angeles is over $250,000."

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Statistic 10

"The average income of a tech employee in Los Angeles is $133,400 per year."

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Statistic 11

"The median income for a doctor in LA is $218,173."

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Statistic 12

"About 17.1% of Los Angeles households have an income less than $35,000."

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Statistic 13

"In Los Angeles County, the median income for Asian households was $81,349 in 2019."

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Statistic 14

"In Los Angeles County, the median income for Hispanic households was $52,353 in 2019."

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Statistic 15

"In Los Angeles County, the median income for Black households was $45,438 in 2019."

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Statistic 16

"In Los Angeles County, the median income for white households was $83,553 in 2019."

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Statistic 17

"In Los Angeles, single adults need to earn a minimum of $32,653 per year to survive on their own."

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Interpretation

Overall, the statistics on income in Los Angeles County paint a detailed picture of the economic landscape in the region. The average household income falls slightly below the national average, with significant disparities evident between different demographics. The data highlights varying income levels within the population, from the top earners in the tech industry and medical field to households struggling with lower incomes. These statistics underscore the importance of addressing income inequality and ensuring opportunities for all residents to thrive economically in Los Angeles.

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