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Apartments For Rent in Los Angeles, CA

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Apartments for Rent in Los Angeles, CA

Los Angeles is a large city in California with a population of approximately 4.0 million. Young professionals will feel welcome, as they account for an above-average 18% of the community. At an average age of just under 37, the city's residents skew younger than most cities in California. Most residents rent in Los Angeles, and 37% of residents are homeowners. The average monthly rent is roughly the same as the state average.

With an average commute time of about 34 minutes, slower than most cities in the state, Los Angeles residents know that it takes some patience traveling to work. Driving a vehicle is the prevailing mode of getting to work, opted for by 38% of workers, while public transit is used by only 5% of the population. Few residents (2%) commute to work on foot, though the number does exceed the national average.

Among Los Angeles residents over the age of 25, 22% have earned a Bachelor's, Master's, Professional, or Doctoral degree. Many Los Angeles residents work in one of three industries: retail, entertainment, and healthcare. Together, these industries make up 19% of the workforce in the city. Meanwhile, looking at job function, 7% of residents work in sales, which ranks as the top profession in the city. With an average annual income of about $75,000, Los Angeles workers bring in around $10,000 less than their peers elsewhere in California. However, Los Angeles's average income is fairly average compared to the national level of $73,345.