Los Angeles is the largest city in California. With an estimated population of nearly four million people, it is the country’s second most populous city (after New York City) and the third most populous city in North America (after Mexico City and New York City). Los Angeles is known for its Mediterranean climate, ethnic diversity, Hollywood entertainment industry, and its sprawling metropolis.
There were 1,413,995 housing units—up from 1,298,350 during 2005–2009—at an average density of 2,812.8 households per square mile (1,086.0/km²), of which 503,863 (38.2%) were owner-occupied, and 814,305 (61.8%) were occupied by renters. The homeowner vacancy rate was 2.1%; the rental vacancy rate was 6.1%. 1,535,444 people (40.5% of the population) lived in owner-occupied housing units and 2,172,576 people (57.3%) lived in rental housing units.
According to the 2010 United States Census, Los Angeles had a median household income of $49,497, with 22.0% of the population living below the federal poverty line.