Side-by-Side Comparison
| Factor | New York City | Los Angeles |
|---|---|---|
| State Income Tax | 4%–10.9%+3.876% | 1%–13.3% |
| Property Tax Rate | 0.98% | 0.76% |
| Minimum Wage | $16.50 | $17.28 |
| Median Household Income | $70,663 | $71,358 |
| Median Home Value | $773,000 | $886,000 |
Which is Better for Mortgage?
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