Flagstaff, AZ Economy


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Flagstaff Arizona is an attractive city with plenty of amenities and a great atmosphere. Located in Northern Arizona, it is close to the Grand Canyon and other national parks, making it a popular destination for outdoor enthusiasts. The city offers a variety of businesses to choose from ranging from local favorites like Flagstaff Brewing Company and Beaver Street Brewery to large national corporations like Walgreens and Walmart. In addition to its wide selection of businesses, Flagstaff also has affordable cost of living with 2 bedroom rents averaging at $1,780 compared to the US average of $1,430. Grocery Cost Index in Flagstaff is 100 versus the US at 100 as well. With its thriving economy and diverse offerings, Flagstaff is a great place to live for residents or visitors alike.

Flagstaff has an unemployment rate of 5.9%. The US average is 6.0%.

Flagstaff has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 37.8%, which is higher than the US average of 33.5%.

Tax Rates for Flagstaff
- The Sales Tax Rate for Flagstaff is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Flagstaff 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 Flagstaff
- The average income of a Flagstaff resident is $24,702 a year. The US average is $28,555 a year.
- The Median household income of a Flagstaff resident is $61,026 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFlagstaff, ArizonaUnited States
  5.96
  -6.4%-6.2%
  37.8%33.5%
  9.0%6.2%
  3.4%4.6%
  $29,045$37,638
  $61,026$69,021
  $85,008$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  5.0%6.8%
  8.7%10.0%
  1.0%2.5%
  12.8%11.0%
  3.1%4.8%
  0.4%0.8%
  1.0%1.9%
  1.5%4.7%
  2.2%1.9%
  5.6%7.6%
  0.1%0.1%
  3.5%4.2%
  16.9%9.3%
  13.0%14.0%
  4.5%2.1%
  11.0%7.0%
  3.5%4.8%
  5.0%4.7%
Reviews for Flagstaff
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Amber · 

Flagstaff is absolutely the perfect place to call home. Especially for families. 4 perfectly balanced seasons. None too extreme and all beautiful. Ridiculously safe!  More

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Leah · 

I've lived here for one year and have to move because the cost to rent here is astronomical. I've been paying $2550/month and now for a comparable home it is $2900 and  More

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Every place depends on what you are looking for. So I will say a bit about me so you can assess where the review is coming from. I am a professional, single, female  More

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