Yuma, AZ is an attractive choice for those looking for a lower cost of living. The average rent for a two bedroom apartment in Yuma is $1,150 compared to the US average of $1,430. Additionally, the grocery cost index in Yuma is 95 versus 100 in the US. There are many great local companies in Yuma that benefit from the lower cost of living such as Sommers Fabrication & Machine Shop Inc, Hellings Pipe & Supply Corp., and Jport Electric LLC. With these companies providing good jobs and a reasonable cost of living, Yuma is an ideal place to live and work.
Yuma has an unemployment rate of 8.7%. The US average is 6.0%.
Yuma has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Yuma
- The Sales Tax Rate for Yuma is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Yuma is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Yuma
- The average income of a Yuma resident is $20,661 a year. The US average is $28,555 a year.
- The Median household income of a Yuma resident is $56,292 a year. The US average is $69,021 a year.