2025 Annual Report Overview
Housing Stock
Homeowners
Renters
Unhoused Neighbors
Inflows Between Groups
Why it Matters
Los Angeles County has the largest economy of any county in the United States and higher than all but twenty nations across the world, but this has not translated to economic prosperity for all of its residents. In fact, Los Angeles is ground zero for the nation’s housing crisis. Despite its immense resources, the region has struggled to marshal an effective and adaptive response to its dual housing and homelessness crises that reflects an acknowledgement of its histories of injustice and a shared vision for moving forward that coordinates efforts across geographies, sectors, and constituencies.
- LA County is vast, people understand their work through the lens of many geographies such as Service Planning Areas (SPAs), Cities, Neighborhoods, and Supervisor or Council Districts.
- Housing growth is not keeping pace with job growth, construction in Los Angeles County lags 44% behind the national average (Zhu et. al., 2021).
- Los Angeles has the second-lowest vacancy rate and the second-highest overcrowding rate of any U.S. metro area (Zhu et. al., 2021).
- There is no single forum for the latest housing trends that can be understood regionally and translated to the hyperlocal.
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Your sponsorship helps us provide policymakers with the tools and insights they need to make informed decisions, close resource gaps, and implement scalable, community-driven solutions. For those interested in partnering or supporting this work, please contact Executive Director Caroline Bhalla at cbhalla@usc.edu. We also welcome your insights, let us know what data you’d like to see featured in the report.