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Economy in Phoenix, Arizona

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyPhoenix, AZUnited States
Unemployment Rate7.50%8.60%
Recent Job Growth-0.12%0.35%
Future Job Growth32.26%32.10%
Sales Taxes8.30%5.00%
Income Taxes3.36%4.70%
Income per Cap.$22,492$26,154
Household Income$46,956$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K12.15%12.37%
Income between 15K and 25K11.57%10.53%
Income between 25K and 35K12.36%10.88%
Income between 35K and 50K17.43%15.37%
Income between 50K and 75K20.26%20.14%
Income between 75K and 100K11.14%12.41%
Income between 100K and 150K9.32%11.27%
Income between 150K and 250K4.11%5.01%
Income between 250K and 500K1.52%1.86%
Income greater than 500K0.13%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.40%14.04%
Professional and Related Occupations18.27%20.61%
Service15.23%14.45%
Sales and Office29.02%26.75%
Farming, Fishing, and Forestry0.27%0.70%
Construction, Extraction, and Maintenance11.34%9.42%
Production, Transportation, and Material Moving11.47%14.05%


Median Household Income

The unemployment rate in Phoenix, AZ, is 7.50%, with job growth of -0.12%. Future job growth over the next ten years is predicted to be 32.26%.

Phoenix, AZ Taxes

Phoenix, AZ,sales tax rate is 8.30%. Income tax is 3.36%.

Phoenix, AZ Income and Salaries

The income per capita is $22,492, which includes all adults and children. The median household income is $46,956.


Phoenix Economy SperlingViews

re: GREAT PLACE TO BE... - 5/1/2011: I have to submit my comment regarding living in Arizona. I laugh at a lot of these comments, but also nod my head in agreement as well. Let's start with, Yes, Phoenix... (read more)Jarrow: I dont reside in the USA. I was born and raised in the north east of England, in a town that has suffered a great deal of unemployment. As a result I got outa town... (read more)GREAT PLACE TO BE...: We recently relocated from central OC,CA. We were so stressed and broke. Did not matter how much money was earned, you needed to pay it all out for rent, bills, and cost... (read more)Have an opinion about Phoenix? Leave a commentTo See All SperlingViews for Phoenix Click Here