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.

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