Places/CA/Los Angeles County, CA
County profile

Los Angeles County, CA

United States · GDP 2024
#2 of 3,127 US counties by GDP56th-percentile growthmore diversified than 99% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$1.0T
BEA · 2024
GDP growth (YoY)
+4.9%
BEA · 2024
Jobs tracked
3,987,736
Census CBP · 2023
Employers
304,988
Census CBP · 2023
Avg. wage
$80.6k
BLS QCEW · 2023
Population
9,694,934
Census PEP · 2025
Labor, income & education
Unemployment
5.3%
Median HH income
$90.1k±$392
Bachelor's degree+
36.0%
Poverty rate
13.7%±0.2%
Business applications
172,540 · 2025
Retail establishments
28,998
29.7/10k pop
Industry mix · employment
Health care27%
Food & accommodation19%
Retail trade18%
Professional services13%
Manufacturing12%
Admin & support11%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
9,694,934
residents · 2025 · -3.0% since 2020
Income per capita $83.9k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration667,953
International migration+279,413
Natural change+93,796

GDP trend

20192024 · nominal
$796.0B
2019
$766.0B
2020
$841.0B
2021
$909.3B
2022
$956.2B
2023
$1.0T
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$834.2k±$2.2k
Median gross rent
$2.0k/mo±$6/mo
Vacancy rate
6.4%±0.1%
Affordability
10.4× wages
Residential permits
$4.6B
22,250 units · 2.3/1k pop
FEMA risk score
100.0
HUD Fair Market Rent (2BR):$2.9k/mo · 2026
TOP PERILS · FEMA NRI
Earthquake 100Wildfire 100Heat wave 99
FHFA HOUSE PRICE INDEX · 20162025
1373
2016
1468
2017
1566
2018
1621
2019
1665
2020
1858
2021
2145
2022
2213
2023
2346
2024
2386
2025
RESIDENTIAL PERMITS · 20212025
-4% since 2021
23,284
2021
26,935
2022
24,286
2023
19,809
2024
22,250
2025

Transport access

BTS · FAA · USACE
Nearest interstate
10.6 km
I-210
Nearest freight rail
13.0 km
SCAX
Nearest port
28.4 km
Port of Los Angeles, CA
Nearest commercial airport
18.1 km
BOB HOPE
Waterborne tonnage, host port(s) (CY2023):140,639,118 short tons/yr · Port of Los Angeles, CA, Port of Long Beach, CA
Wage trend
BLS QCEW · 20192023
$80.6k
avg. annual pay · +20% since 2019
Nearby & same-state counties
by GDP rank
Santa Clara$438.5BOrange$351.8BSan Diego$331.9B
The read

What is the GDP of Los Angeles?

Los Angeles's economy produced $1.0T in 2024, growing 4.9% year over yearabout the middle of the pack among US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.