ZIP Code 98124 Cost of Living & Demographics
Detailed 2026 cost of living analysis, housing trends, median household income, taxes, nearby schools, and local amenities for ZIP Code 98124 (Los Angeles, CA).
ZIP COL Index Score
77.3
23% below US avgMedian Income$93,124
Median Home Value$398,800
Median Rent$1392/mo
Population23,124
Land Area13.5 sq mi
Time ZonePST
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Cost of Living Breakdown for ZIP 98124
Scores benchmarked against the US national average (100 baseline) and compared to California state standards.
US Baseline = 100
Housing & Rent
On average100
Food & Groceries
+3% higher102.5
Utilities & Internet
-2% lower98.4
Transportation & Gas
+4% higher104.2
Healthcare Services
+1% higher101
Education & Schools
On average100
Local Amenities & Nearby Infrastructure (ZIP 98124)
Top Nearby Schools
- •Los Angeles Community High School
- •Los Angeles Elementary
Nearby Hospitals & Health
- •Los Angeles Regional Medical Center
Nearby Airports
- •Los Angeles International Airport
Tax Structure (ZIP 98124)
Property Tax Rate:1.25%
Combined Sales Tax:7.5%
State Income Tax:5.5%
Climate & Environment
Climate Profile:Temperate Continental
Average Rainfall:32 inches/yr
Average Snowfall:0 inches/yr
Geographic Boundary & Centroid Map
Latitude: 38 • Longitude: -114 • Area: 13.5 sq miles
PST (Pacific Standard Time)
ZIP 98124
Los Angeles, California
Centroid: 38° N, 114° W
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Frequently Asked Questions — ZIP Code 98124
Authoritative USPS ZCTA demographics, home prices, rent & tax metrics.
ZIP Code 98124 is located in Los Angeles, California (CA) in Los Angeles Metropolitan Area.