Parks, AZ is an affordable city with rent and grocery costs that are lower than the US average. A two-bedroom apartment in Parks will cost $1,560 a month whereas nationally it's $1,430. The grocery cost index in Parks is 99 versus 100 in the US. The city is also home to many major companies like Microsoft, Amazon, and Walmart who have local offices or warehouses here. It is a great area for anyone looking for an affordable place to live with convenient access to job opportunities.
Parks has an unemployment rate of 8.0%. The US average is 6.0%.
Parks 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 34.9%, which is higher than the US average of 33.5%.
Tax Rates for Parks
- The Sales Tax Rate for Parks is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Parks 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 Parks
- The average income of a Parks resident is $26,900 a year. The US average is $28,555 a year.
- The Median household income of a Parks resident is $86,080 a year. The US average is $69,021 a year.