Real estate in the greater Los Angeles area grew by leaps and bounds in the late 1990s and early 2000s. The average home price in Huntington Park rose 21.6 percent between 2003 and 2004 alone, contributing to a cost of living 39 percent higher than the national average. According to a 2003 report from the US Census Bureau, the average per-capita income in Huntington Park was $9,340, more than 41% lower than the state average of $22,711. The Huntington Park economy is based on the greater Los Angeles economy, with its massive tourist and entertainment industries. Huntington Park is located just miles from downtown Los Angeles and shares its dependence on a large service industry.
The largest employers in Huntington Park and the greater Los Angeles metro area are:
- Los Angeles County
- Los Angeles Unified School district
- US Government
- The University of California system
- State government
Huntington Park's population is diverse, with a large immigrant population. Many of its residents work in services or manufacturing. Los Angeles County was ranked number one among counties with manufacturing industries in the US.
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