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Los Angeles, [a] often referred to by its initials L.A., is the most populous city in the U.S. state of California.With an estimated 3,820,914 residents within the city limits as of 2023, [8] It is the second-most populous city in the United States, behind only New York City; it is also the commercial, financial and cultural center of Southern California.
The history of Los Angeles began in 1781 when 44 settlers from central New Spain (modern Mexico) established a permanent settlement in what is now Downtown Los Angeles, as instructed by Spanish Governor of Las Californias, Felipe de Neve, and authorized by Viceroy Antonio María de Bucareli.
Jefferson Park is a neighborhood in the South Los Angeles region of the City of Los Angeles, California.There are fourteen Los Angeles Historic-Cultural Monuments in the neighborhood, and in 1987, the 1923 Spanish Colonial Revival Jefferson Branch Library was added to the National Register of Historic Places.
The median yearly household income in 2008 dollars was $105,253, a high figure for Los Angeles, and the percentage of households earning $125,000 and up was also considered high for the county. The average household size of 2.5 people was average for Los Angeles. Renters occupied 29.7% of the housing stock and house- or apartment owners held 70.3%.
For example, in Germany, cities including Berlin and Hamburg have established partnerships with private developers to construct new affordable housing units. In a 2011 agreement, developers in Hamburg agreed to build 3500 new housing units per year and 30% of these units would only be available to low and middle income households.
The median yearly household income in 2008 dollars was $54,339, about the same as the rest of Los Angeles, but a high percentage of households earned $20,000 or less per year. The average household size of 2.3 people was low for the city.
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