I live in LA and have lived here my whole life.
We don't have high salaries. We have low salaries here overall. LA is a big blue collar city based off manufacturing industry for the former juggernaut Aerospace and the ports.
In fact when salaries and RE prices are factored in then LA becomes the most unaffordable city in America. Unlike SF or NYC where high RE prices are negated by high incomes, that is not the case here.
Also while LA folks likely do move to OR, most Los Angelenos both statistically and in real life move to Phoenix, Vegas, ABQ, Central Valley in CA (I.E. Bakersfield, Visalia, Fresno, etc).
The #1 place LA people move are the exurbs in the Inland Empire.
NorCal folks move to the PNW or Austin and Denver more than SoCal folks.
Per capita income, 2013 (most recent info):
1. San Jose-San Francisco-Oakland, CA: $63,194
2. New York metro: $58,986
3. Washington DC metro$57,785
4 Boston metro: $56,236
5. Seattle metro: $52,825
6. Houston metro: $51,459
7. San Diego: $51,384
8. Philadelphia: $50,754
9. Denver metro $50,705
10. Minneapolis-St. Paul: $50,057
11. Chicago metro: $48,645
12. Dallas-Fort Worth: $46,489
13. Miami-Fort Lauderdale $45,043
14. Los Angeles metro: $44,844
15. Cleveland metro$43,321
16. Detroit metro : $41,930
17. Portland metro $41,750
18. Atlanta metro $40,452
19. Phoenix metro $38,745
Credit source Bureau of Economic Analysis US Govt data
http://www.bea.gov/iTable/iTable.cf...-1&7031=7&7040=-1&7083=levels&7029=20&7090=70
We don't have high salaries. We have low salaries here overall. LA is a big blue collar city based off manufacturing industry for the former juggernaut Aerospace and the ports.
In fact when salaries and RE prices are factored in then LA becomes the most unaffordable city in America. Unlike SF or NYC where high RE prices are negated by high incomes, that is not the case here.
Also while LA folks likely do move to OR, most Los Angelenos both statistically and in real life move to Phoenix, Vegas, ABQ, Central Valley in CA (I.E. Bakersfield, Visalia, Fresno, etc).
The #1 place LA people move are the exurbs in the Inland Empire.
NorCal folks move to the PNW or Austin and Denver more than SoCal folks.
Per capita income, 2013 (most recent info):
1. San Jose-San Francisco-Oakland, CA: $63,194
2. New York metro: $58,986
3. Washington DC metro$57,785
4 Boston metro: $56,236
5. Seattle metro: $52,825
6. Houston metro: $51,459
7. San Diego: $51,384
8. Philadelphia: $50,754
9. Denver metro $50,705
10. Minneapolis-St. Paul: $50,057
11. Chicago metro: $48,645
12. Dallas-Fort Worth: $46,489
13. Miami-Fort Lauderdale $45,043
14. Los Angeles metro: $44,844
15. Cleveland metro$43,321
16. Detroit metro : $41,930
17. Portland metro $41,750
18. Atlanta metro $40,452
19. Phoenix metro $38,745
Credit source Bureau of Economic Analysis US Govt data
http://www.bea.gov/iTable/iTable.cf...-1&7031=7&7040=-1&7083=levels&7029=20&7090=70


