The median income is $62,172 in Los Angeles, and about 39.9 percent is spent monthly on a mortgage. Renters spend 48.8 percent of their income on monthly rent.

Zillow breaks down how incomes and affordability match up in Los Angeles.

Los Angeles-Long Beach-Anaheim metro highlights from Zillow:

  • The median income is $62,172.
  • 39.9 percent of income is spent on a monthly mortgage payment, and 48.8 percent is spent on rent.
  • A 20 percent down payment on a median-valued home in Los Angeles-Long Beach-Anaheim, CA would require a potential buyer to have saved $109,580.
  • The ZHVI (Zillow Home Value Index) rose by 4.5 percent over the past year, to $547900.

Read more about the California housing market here.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Leaders from across the industry answered our call to come to Inman Connect and share essential advice for leveling up your 2021.SEE THE SPEAKERS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription