Best Places for Business and Careers 2019

Los Angeles, CA

Los Angeles-Long Beach-Glendale, CA
the place image

Los Angeles, CA

Los Angeles-Long Beach-Glendale, CA
gross metro product
$794.5B
population
10.1M
median household income
$67,291
median home price
$591,000
cost of living
29% above nat'l avg
college attainment
32.3%
net migration
-12,890 (year: 2018)
unemployment
4.6%
major industries
Entertainment, Aerospace, Tourism, Technology
job growth
1.4% (year: 2018)
As of October 2019
Los Angeles is a world center of business, international trade, entertainment, culture, media, technology and education. As the home base of Hollywood, it is known as the "Entertainment Capital of the World," leading the world in the creation of motion pictures, television production, video games and recorded music. It is estimated that one in every six of the city's residents works in a creative industry. The city plays host to the annual Academy Awards. There are more than 200 museums in Los Angeles County and the metro
has added two NFL teams (Rams and Chargers) since 2016. The most notable museums are the Los Angeles County Museum of Art, Getty Center and Museum of Contemporary Art.
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On forbes lists
#180
In Cost of Doing Business
#90
In Job Growth
#87
In Education
By The Numbers
EmploymentHousingEducationQuality of Life
Job Growth
1.4% (year: 2018)
Projected Annual Job Growth
0.6%
Unemployment
4.6%
Median Household Income
$67,291
Household Income Growth
4%
High-Tech Employment
1.9%
  • Data is for the metro area
  • Sources: Moody's Analytics; Sperling's BestPlaces; U.S. Census.
  • Numbers as of October 2019


  • a - Value of 100 means that a family with the median income has exactly enough income to qualify for a typical mortgage on a median-priced single-family home. An index above 100 signifies that the family has surplus income.
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Mar 8, 2024

Los Angeles Friezes Over

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