Los Angeles city, CA

ZIP 90005 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Los Angeles city, CA (90005)

Median Income

$52,755

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,907

Wealth inflow

Population

38,747

Unemployment

6.0%

2.3pp above US avg

IRS migration statistics show a net inflow of about 1,907 for ZIP 90005 (Los Angeles city, CA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

6.0%+62% vs US avg

Self-Employed

1.1%-82% vs US avg

SNAP Benefits

15.8%+35% vs US avg

811

Establishments

6,019

Employees

~7 per establishment — small businesses dominate

Food services

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.2%
Construction7.7%
Manufacturing6.1%
Wholesale trade2.7%
Retail trade9.2%
Transportation, utilities4.5%
Information5.1%
Finance, insurance, real estate5.2%
Professional, scientific, management17.3%
Education, health care, social15.1%
Arts, entertainment, food services18.6%
Other services6.0%
Public administration2.3%

Household Income

Historical Trends in 90005 (2020–Present)

Since 2020, population declined 0.4%, median income rose 5.7% (inflation-adjusted), home values increased 3.5%.

Median Income

$52,755

-30% vs US avg

Unemployment Rate