Los Angeles County
California ยท Pop. 9,829,544
Ranked #189 of 200 counties
18Crisis
Median Home Price
๐$830K
5.1% YoY
Median Rent
๐$2,200
Median Income
๐ฐ$72K
Rent Burden
๐38.5%
% of income to rent
Housing Shortage
๐๏ธ500,000
estimated unit deficit
Building Permits (2024)
๐22,000
Price-to-Income Ratio
โ๏ธ11.5x
Homeownership Rate
๐ก46.2%
How Los Angeles County Compares
| Metric | Los Angeles County | California | National |
|---|---|---|---|
| Home Price | $830K | $726K | $410K |
| Rent | $2,200 | $1,992 | $1,500 |
| Income | $72K | $96K | $75K |
| Rent Burden | 38.5% | 40.5% | 30.0% |
| Homeownership | 46.2% | 56.0% | 65.0% |
Key Takeaways
- โข Home prices are 102% above the national average.
- โข Rent is 47% above the national average.
- โข The county has an estimated housing shortage of 500,000 units.
- โข 22,000 building permits were issued in 2024.
- โข Year-over-year home prices changed by 5.1%.