Hollywood is a neighborhood in the central region of Los Angeles, California, notable as the home of the U.S. film industry, including several of its historic studios. Its name has come to be a shorthand reference for the industry and the people associated with it.
Hollywood was incorporated as a municipality in 1903. It was consolidated with the city of Los Angeles in 1910 and soon thereafter, a prominent film industry emerged, eventually becoming the most recognizable in the world.
The median household income in 2008 dollars was $33,694, considered low for Los Angeles. The average household size of 2.1 people was also lower than the city norm. Renters occupied 92.4% of the housing units, and home- or apartment owners the rest.