Interested in purchasing investment houses in the 90002 zip code in Los Angeles, CA?
The zip code 90002 is in Los Angeles county with a latitude of -118.246730000000 and longitude of 33.949060000000, is in the state of California. The average asking price of houses and condos is $188,193.00 and the average sale price was $173,870.00. this regions is classified as the Reno metro area and is in the 323 area code. The location in degrees is 33° 56' 56.616" N, 118° 14' 48.228" W. The county F.I.P.S. is 06037. This zip code contains three cities including Los Angeles, CA (64.89%), Florence-Graham, CA (33.49%), and Lynwood, CA (1.62%) The total land area is 3.1 square miles and the water area is 0.0 square miles. The elevation in this area is 108 - 112 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 90002 is in county number 037 and is L. Sector 00, L. Segment 01, H. Sector 05, and H. Segment 05. The population was 53,883 in 2019 and 51,223 in 2010. This further breaks down to 25,692 males (47.7%) and 28,191 females (52.3%). The median age of residents is 28.3 years. The population of the greater Los Angeles-Long Beach-Santa Ana, CA area is 13,331,266. The population density (people per square mile) is 17,597. This zip code has a combined total of 13,768 houses and condos. There are 8,515 rented appartments. 65% of residents rent versus the 65% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $24,191 and the average salary is $24,634. The median household income of individuals is $28,368.00 and the average is $31,130.00. This zip code has a mean commute time to work of 37.3 minutes. The unemployment rate is 8.2%. Income earners by percent breakdown as 72.60% (Under $50,000), 20.60% ($50,000-$100,000), and 6.80% earn over $100,000. 28.8% of residents live below poverty line versus the 11.8% in the state that are below this line. The cost of living index is 137.9. The educational breakdown is 49.0% have a high school education or higher, 6.1% have a bachelor's degree or higher, and 1.3% have some kind of profesional degree.
This area has 11,731 households and the average size is 4.1 people. Individuals who are single and have never been married are 52.3%, 35.0% are now married, 3.0% are separated, 3.9% are widowed, and 5.8% are divorced. The average yearly contribution amount given by people to charity was $2,426 versus the state average of $4,659. The percent of residents who gave to charity was 11.3%.
The estimated median value of houses and condos is $382,478. The median monthly owner costs of mortgage holders was $1,828, where as the costs for those who don't have a mortgage are $405. The median number of rooms in houses and condos are 5.2 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $2,631. In comparision, the average real estate tax percent rate in the state is 0.7% which equated to an average real estate tax amount payment in the state of $4,142. The median housing property tax percent for residents with mortgages was 0.7% which amounted to an average tax amount of $2,890. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $1,641. Reported taxable interest for persons was $129, dividends $575, and itemized deductions $17,602. The average earned income tax credit is $3,026. The percent of individuals that use a tax preparer is 78.1%. The total average income taxes paid by individuals was $4,196. Businesses reported an average profit of $9,424.
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