The nation's second-largest metro, Los Angeles spans entertainment, tech, and international trade. LA County's effective property tax rate is moderated by Proposition 13, but premium home prices still produce some of the highest monthly mortgage payments in the country.
Recommended for incomes above $255k/yr (28% DTI rule)
Los Angeles housing market
The 1.25% property tax rate reflects the county-level effective rate for Los Angeles and is used to calculate your monthly tax escrow above. This rate may differ from the statewide California average — county-level data produces more accurate monthly payment estimates for Los Angeles buyers. Many Los Angeles properties also carry HOA fees — the area average is approximately $400/month, which is not included in the calculator above.
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