Litchfield Park, AZ Economy


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Litchfield Park, AZ is a beautiful southwestern town located in the Maricopa County, offering incredible views of the Sonoran Desert. It's known for its year-round mild climate, top-notch recreational activities and its charming downtown area. The average two bedroom rent in Litchfield Park is $2,200 compared to the US average of $1,430. The Grocery Cost Index for Litchfield Park is 99 while it is 100 in the US. Local companies include Wigwam Golf Club & Resort, Hinds Family Honey Farm and Trapp Haus BBQ. Popular amenities include a library with a reading garden, a coffee shop and multiple sports fields. Attractions include White Tank Mountain Regional Park with its spectacular views of the desert and an annual balloon festival held every February.

Litchfield Park has an unemployment rate of 6.1%. The US average is 6.0%.

Litchfield Park has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 45.1%, which is higher than the US average of 33.5%.

Tax Rates for Litchfield Park
- The Sales Tax Rate for Litchfield Park is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Litchfield Park 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 Litchfield Park
- The average income of a Litchfield Park resident is $42,521 a year. The US average is $28,555 a year.
- The Median household income of a Litchfield Park resident is $94,844 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLitchfield Park, ArizonaUnited States
  6.16
  -2.0%-6.2%
  45.1%33.5%
  6.3%6.2%
  3.4%4.6%
  $47,701$37,638
  $94,844$69,021
  $109,916$85,028
  Population by Occupation
  1.3%1.2%
  0.0%0.5%
  5.1%6.8%
  5.4%10.0%
  1.5%2.5%
  9.9%11.0%
  7.5%4.8%
  2.3%0.8%
  1.0%1.9%
  5.8%4.7%
  3.0%1.9%
  7.5%7.6%
  0.0%0.1%
  2.6%4.2%
  13.3%9.3%
  13.7%14.0%
  4.7%2.1%
  6.2%7.0%
  4.3%4.8%
  5.0%4.7%
Reviews for Litchfield Park
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Over 4 years ago

I lived in LP from May 2005 to Aug 2019, and I must say that it was a very nice area. It gives small town living, with moderate (Goodyear and Avondale) to big city  More

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Over 15 years ago

I've been teaching in AZ for 5 years. I came from CA where I taught for 4 years. I have never been so unhappy teaching than I have been in AZ. There is so much pressure  More

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Everything that you need and want is very accesiable. Traffic is much easier to deal then most parts of Phoenix. Stores are opening up all the time, and there is so much  More

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