In 2023, the real GDP of the Los Angeles metro area amount to around 1.08 trillion U.S. dollars, and increase after 2021. The overall quarterly GDP growth in the United States can be found here. Gross domestic product of Los AngelesWith a population of over 12.8 million inhabitants in 2023, Los Angeles is the second-largest city in America, following only New York. The Los Angeles metro area also ranked second among U.S. metro areas in terms of gross metropolitan product, second again only to New York City metro area, which came in with a GMP of 1.99 trillion U.S. dollars to Los Angeles’ 1.13 trillion U.S. dollars in the fiscal year of 2021. Chicago metro area ranked third with GMP of 757.2 billion U.S. dollars. Additional detailed statistics about GDP in the United States is available here. Despite Los Angeles’ high GDP, L.A. did not do as well as some cities in terms of median household income. Los Angeles ranked 9th with a median household income of 76,135 U.S. dollars annually in 2022. This was slightly higher than the median household income of the United States in 2022, which came in at 74,580 U.S. dollars annually. Located in Southern California, Los Angeles is home to Hollywood, the famous epicenter of the U.S. film and television industries. The United States is one of the leading film markets worldwide, producing 449 films in 2022, many of them produced by Hollywood-based studios. In 2018, movie ticket sales in North America generated over 11.89 billion U.S. dollars in box office revenue. Famous Hollywood actresses earn millions annually, with the best paid, Sofia Vergara, earning 43 million U.S. dollars in 2020. Second on the list was Angelina Jolie with earnings of 35.5 million U.S. dollars.

Graph and download economic data for Total Gross Domestic Product for Los Angeles-Long Beach-Anaheim, CA (MSA) (NGMP31080) from 2001 to 2023 about Los Angeles, CA, industry, GDP, and USA.

This graph shows the GDP of the Los Angeles metro area in 2022, by industry. In 2022, its GDP amounted to about **** trillion U.S. dollars. About **** billion U.S. dollars were generated by the manufacturing industry. The overall quarterly GDP growth in the United States can be found here.

Gross domestic product of Los Angeles

With a population of over *** million inhabitants in 2011, Los Angeles is the second largest city in America, following only New York. The Los Angeles metro area also ranked second among U.S. metro areas in terms of gross metropolitan product, second again only to New York City metro area, which came in with a GMP of USD ***** trillion to Los Angeles’ *** billion USD in 2011. Chicago metro area ranked third with GMP of *** billion U.S. dollars. Washington metro area ranked fourth with *** billion U.S. dollars in 2011. Additional detailed statistics about GDP and GMP in the United States is available here.

Despite Los Angeles’ high GDP, L.A. did not do as well as some cities in terms of median household income. Los Angeles ranked 11th with a median household income of ****** U.S. dollars annually in 2013. This was lower than the median household income of the United States in 2013, which came in at ****** U.S. dollars annually.

Located in Southern California, Los Angeles is home to Hollywood, the famous epicenter of the U.S. film and television industries. The United States is one of the leading film markets worldwide, producing *** films in 2011, many of them produced by Hollywood-based studios. In 2012, movie ticket sales in North America generated over **** billion U.S. dollars in box office revenue. Famous Hollywood actresses earn millions annually, with the best paid, Angelina Jolie, earning ** million U.S. dollars between ********* and *********. Second on the list was Jennifer Lawrence with earnings of ** million U.S. dollars.

Graph and download economic data for Real Gross Domestic Product: All Industries in Los Angeles County, CA (REALGDPALL06037) from 2001 to 2023 about Los Angeles County, CA; Los Angeles; CA; real; industry; GDP; and USA.

List of black-owned businesses in Los Angeles as of October 2020. Data scraped from the web and pulled from Yelp's API. Data collected through our Data Angels program.

Graph and download economic data for Economic Conditions Index for Los Angeles-Long Beach-Santa Ana, CA (MSA) (DISCONTINUED) (LASAGRIDX) from Feb 1990 to Sep 2019 about academic data, Los Angeles, CA, indexes, and USA.

Introduced by the Antelope Valley Area Plan adopted by the Board of Supervisors on 6/16/15, the Economic Opportunity Area layer identifies UNINCORPORATED areas of Los Angeles County that have significant opportunities for growth and economic development. For more information, refer to the Antelope Valley Area Plan, chapter 2 (https://planning.lacounty.gov/tnc/documents/).UPDATED: 12/1/16 for slight changes in overall city/community boundaries.NEED MORE FUNCTIONALITY? If you are looking for more layers or advanced tools and functionality, then try our suite of GIS Web Mapping Applications.

Graph and download economic data for Gross Domestic Product: All Industries in Los Angeles County, CA (GDPALL06037) from 2001 to 2023 about Los Angeles County, CA; Los Angeles; CA; industry; GDP; and USA.

Comprehensive economic data for the City of Los Angeles. Prepared by Beacon Economics.

United States Price per Square: Single-Family: Los Angeles, CA data was reported at 459.184 USD th in Jul 2020. This records an increase from the previous number of 444.785 USD th for Jun 2020. United States Price per Square: Single-Family: Los Angeles, CA data is updated monthly, averaging 360.102 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 459.184 USD th in Jul 2020 and a record low of 215.656 USD th in Feb 2012. United States Price per Square: Single-Family: Los Angeles, CA data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB060: Price per Square: by Metropolitan Areas.

United States Avg Sale to List: Townhouse: Los Angeles, CA data was reported at 100.333 % in Jul 2020. This records an increase from the previous number of 99.801 % for Jun 2020. United States Avg Sale to List: Townhouse: Los Angeles, CA data is updated monthly, averaging 99.664 % from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 101.900 % in Jun 2013 and a record low of 97.949 % in Mar 2012. United States Avg Sale to List: Townhouse: Los Angeles, CA data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB050: Average Sales to List: by Metropolitan Areas.

Census 2010 population/demographic data approximated from block groups to LA Neighborhood Councils using Esri software.

United States Avg Days on Market: All Residential: Los Angeles, CA data was reported at 42.000 Day in Jul 2020. This records a decrease from the previous number of 43.000 Day for Jun 2020. United States Avg Days on Market: All Residential: Los Angeles, CA data is updated monthly, averaging 38.000 Day from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 68.000 Day in Feb 2012 and a record low of 15.000 Day in Jul 2013. United States Avg Days on Market: All Residential: Los Angeles, CA data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB006: Average Days on Market: by Metropolitan Areas.

Graph and download economic data for Personal Income in Los Angeles County, CA (PI06037) from 1969 to 2023 about Los Angeles County, CA; Los Angeles; personal income; CA; personal; income; and USA.

United States Avg Sale to List: Multi-Family: Los Angeles, CA data was reported at 98.104 % in Jul 2020. This records an increase from the previous number of 97.483 % for Jun 2020. United States Avg Sale to List: Multi-Family: Los Angeles, CA data is updated monthly, averaging 98.626 % from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 100.180 % in Jun 2013 and a record low of 97.483 % in Jun 2020. United States Avg Sale to List: Multi-Family: Los Angeles, CA data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB050: Average Sales to List: by Metropolitan Areas.

About this dataset

Context

The dataset presents the median household income across different racial categories in Los Angeles County. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of Los Angeles County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 35.43% of the total residents in Los Angeles County. Notably, the median household income for White households is $101,816. Interestingly, despite the White population being the most populous, it is worth noting that Native Hawaiian and Other Pacific Islander households actually reports the highest median household income, with a median income of $107,300. This reveals that, while Whites may be the most numerous in Los Angeles County, Native Hawaiian and Other Pacific Islander households experience greater economic prosperity in terms of median household income.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Los Angeles County.
• Median household income: Median household income, adjusting for inflation, presented in 2023-inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Los Angeles County median household income by race. You can refer the same here

Google Mobility Changes: Retails & Recreation: United States: California: Los Angeles County data was reported at -23.000 % in 15 Oct 2022. This records a decrease from the previous number of -22.000 % for 14 Oct 2022. Google Mobility Changes: Retails & Recreation: United States: California: Los Angeles County data is updated daily, averaging -23.000 % from Feb 2020 (Median) to 15 Oct 2022, with 974 observations. The data reached an all-time high of 8.000 % in 03 Mar 2020 and a record low of -74.000 % in 25 Dec 2020. Google Mobility Changes: Retails & Recreation: United States: California: Los Angeles County data remains active status in CEIC and is reported by Google LLC. The data is categorized under Global Database’s United States – Table US.Google.GM: Mobility Trends: Retail & Recreation (Discontinued).

View monthly updates and historical trends for Los Angeles, CA Unemployment Rate. Source: Bureau of Labor Statistics. Track economic data with YCharts ana…

United States Price per Square: All Residential: Los Angeles, CA data was reported at 451.517 USD th in Jul 2020. This records an increase from the previous number of 435.209 USD th for Jun 2020. United States Price per Square: All Residential: Los Angeles, CA data is updated monthly, averaging 359.307 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 451.517 USD th in Jul 2020 and a record low of 210.685 USD th in Feb 2012. United States Price per Square: All Residential: Los Angeles, CA data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB060: Price per Square: by Metropolitan Areas.

United States Price per Square: Townhouse: Los Angeles, CA data was reported at 390.380 USD th in Jul 2020. This records an increase from the previous number of 381.034 USD th for Jun 2020. United States Price per Square: Townhouse: Los Angeles, CA data is updated monthly, averaging 329.201 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 402.030 USD th in May 2020 and a record low of 212.912 USD th in Feb 2012. United States Price per Square: Townhouse: Los Angeles, CA data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB060: Price per Square: by Metropolitan Areas.