Greasewood, AZ Economy


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Greasewood, AZ is a quaint town located in Arizona that offers an affordable cost of living. Rent for a two bedroom home in Greasewood is much lower than the national average at $900, and the Grocery Cost Index is also lower, at 90 compared to 100 nationally. Greasewood locals can save money on essential costs while still enjoying access to amenities such as local restaurants, banks, and shops. Notable businesses in the area include The Pizza Place, Western National Bank, and Greasewood Groceries.

Greasewood has an unemployment rate of 8.7%. The US average is 6.0%.

Greasewood has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.

Tax Rates for Greasewood
- The Sales Tax Rate for Greasewood is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Greasewood 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 Greasewood
- The average income of a Greasewood resident is $11,092 a year. The US average is $28,555 a year.
- The Median household income of a Greasewood resident is $25,938 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreasewood, ArizonaUnited States
  8.76
  -3.5%-6.2%
  31.6%33.5%
  6.1%6.2%
  3.4%4.6%
  $12,780$37,638
  $25,938$69,021
  $25,938$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  13.1%6.8%
  0.0%10.0%
  0.0%2.5%
  11.9%11.0%
  4.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  4.8%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  36.9%9.3%
  9.5%14.0%
  6.0%2.1%
  0.0%7.0%
  0.0%4.8%
  13.1%4.7%
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