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Los Angeles: Economic Profile & Market Outlook

Located in Los Angeles County, Los Angeles presents a compelling case for residents and investors alike. This profile highlights the essential economic, real estate, and lifestyle metrics defining the local market.

📉 Economic Landscape & Business Vibe

Key Indicators:
  • Maj Employers: Walt Disney Co., SpaceX, Amazon, Kaiser Permanente
  • Clusters: Entertainment/Media, Aerospace, Trade, Tourism
  • Unempl Rate (2025): 5.6%
Demographics & Income Trends:
  • Pop: 3.8M
  • Med Age: 37.2
  • Household Income Trend: $85,000 (H1 2024-2025 avg)

🏠 Real Estate Market & Cost of Living

For prospective homeowners and investors, here is the current market snapshot:

  • Median Home Price (2025): $886,400
  • Inventory Trends: Stable (Balanced)
  • Prop Tax Environment: 1.25% (Average Effective). Avg Cost of Living: Near state benchmark (Moderate-High, balanced utility/housing costs).

🎓 Education & Family Suitability

Families prioritizing education will find Los Angeles to be a strategic choice:

Top Schools:
  • Whitney HS | 7-12 | 10/10 | Public
  • Harbor Teacher Prep | 9-12 | 10/10 | Public
  • Francisco Bravo Medical | 9-12 | 9/10 | Public

Family Appeal: Excellent. Los Angeles is a top choice for families due to elite academic rankings and active community parks.

🌟 Lifestyle, Culture & Safety

Points of Interest: Hollywood Sign (C), The Getty Center (C), Griffith Observatory (N), Santa Monica Pier (C)

Vibe & Safety: Mix of coastal safety and master-planned "ranch" communities with active neighborhood patrols. Safest Neighborhoods: Pacific Palisades, Westwood, Cheviot Hills.

Infrastructure & Services:
  • Healthcare: UCLA Health, Cedars-Sinai, Kaiser Permanente
  • Public Transit: LA Metro, Metrolink
  • Utility Providers: LADWP (Electric), SoCalGas

Data sources: California Association of Realtors, US Census Bureau, GreatSchools, and local municipal reports (2024-2026).

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Current Mortgage Rates

Feb 24, 2026

ProgramRateAPR
🏠 30-Yr Purchase 5.375% 5.397%
🔄 30-Yr Refinance 5.625% 5.641%
🏛️ 30-Yr FHA Purchase 5.125% 5.675%
🎖️ 30-Yr VA Purchase 5.250% 5.368%
15-Yr Purchase 5.000% 5.038%
🔄 15-Yr Refinance 5.250% 5.296%
📊 10/6 ARM Purchase 5.875% 5.883%
📊 7/6 ARM Purchase 5.750% 5.753%

Rates subject to change. Get Quote