High Six-Figure Salaries in Los Angeles Workforce

News Summary

A recent analysis of payroll data reveals that a significant portion of workers in Los Angeles and Orange County aspire to earn six-figure salaries for financial comfort. The median wage in the region is $53,490, but only five major occupational categories offer salaries exceeding $100,000. As the cost of living continues to rise, the quest for high-paying jobs becomes essential for many residents seeking economic stability.

Los Angeles – A significant portion of the workforce in Los Angeles and Orange County is seeking six-figure incomes to achieve financial comfort, according to a recent analysis of 2024 payroll data. The annual employment report by the Bureau of Labor Statistics shows that in this metropolitan area, the median wage stands at $53,490, with only a handful of occupations offering salaries that exceed the coveted $100,000 mark.

Among the 22 major occupational categories examined, only five boast median annual wages surpassing the six-figure threshold. These categories include Legal, Management, Computer-Mathematical, Healthcare-Technical, and Architecture-Engineering. Collectively, these professions employ approximately 1.1 million individuals, or 18% of the metro area’s 6.2 million local workers.

The report highlights that the 75th percentile wage in the Los Angeles and Orange County region is $90,360 annually, translating to 69% higher than the median wage. This percentile marks the income threshold below which 75% of workers fall. Interestingly, when including additional job categories, there are nine occupations that yield annual wages exceeding $100,000 at the 75th percentile. These are:

  • Legal: $210,550 (64% above a median of $128,680 for 67,650 workers)
  • Management: $196,390 (49% above a median of $131,930 for 449,010 workers)
  • Computer-Mathematical: $160,230 (32% above a median of $121,480 for 178,860 workers)
  • Healthcare-Technical: $151,810 (44% above a median of $105,750 for 324,970 workers)
  • Architecture-Engineering: $140,880 (32% above a median of $106,540 for 93,340 workers)
  • Life-Physical-Social Science: $127,540 (32% above a median of $96,480 for 52,510 workers)
  • Business-Financial: $124,740 (39% above a median of $89,470 for 424,770 workers)
  • Arts-Design-Entertainment-Sports-Media: $122,090 (48% above a median of $82,490 for 174,200 workers)
  • Education-Library: $102,490 (56% above a median of $65,520 for 344,320 workers)

In addition to these high-paying jobs, several other occupational sectors reported impressive earnings at the 75th percentile. These sectors include:

  • Construction and Extraction: $96,980
  • Community and Social Service: $92,880
  • Protective Service: $87,160
  • Installation, Maintenance, and Repair: $82,460
  • Sales and Related: $63,790
  • Office and Administrative Support: $63,580
  • Production: $58,680
  • Transportation and Material Moving: $55,540
  • Farming, Fishing, and Forestry: $53,610
  • Building and Grounds Cleaning and Maintenance: $47,860
  • Personal Care and Service: $46,210
  • Food Preparation and Serving Related: $44,700
  • Healthcare Support: $41,710

Comparatively, the local median wage of $53,490 is 8% higher than the national median wage of $49,500. Furthermore, the 75th percentile local wage of $90,360 exceeds the national figure of $78,810 by 15%. At the lower end, the 25th percentile local wages are at $38,120, compared to $36,730 nationally, which is a 4% increase.

This data paints a clear picture of the economic landscape in Los Angeles and Orange County. Jobs within high-demand sectors remain the most lucrative, while the median wage highlights a growing disparity between various occupations in terms of pay. As the cost of living continues to rise in this thriving metropolitan area, the pursuit of six-figure incomes remains a critical component of financial stability for many residents.

Deeper Dive: News & Info About This Topic

HERE Resources

California Ranks Highest for Rental Income Thresholds
California Sees Rise in Low-Income Housing Eligibility
UC System Implements Hiring Freeze Amid Budget Cuts

Additional Resources

HERE Huntington Beach

Share
Published by
HERE Huntington Beach

Recent Posts

Anaheim Man Arrested for Motel Shooting

News Summary A man in Anaheim has been arrested following a fatal shooting that occurred…

Protests Erupt in South LA Over Deportation Tactics

News Summary Tensions are rising in South Los Angeles as community members and officials protest…

Orange County COVID Testing Vendor Under Investigation

News Summary Orange County is investigating allegations of overbilling practices by 360 Clinic, a COVID…

Grassroots Efforts Surge in Orange County to Aid Families Impacted by Immigration Raids

News Summary In Santa Ana, grassroots initiatives led by Resilience OC are assisting families affected…

Community Unites for Healing During Interfaith Prayer Vigil

News Summary A heartfelt interfaith prayer vigil in Huntington Beach brought together nearly 100 community…

Huntington Beach Sparks Controversy Over Sanctuary Law

News Summary Huntington Beach is making headlines as the U.S. Department of Justice declares California's…