Rio Rico, AZ is a small town located in Southern Arizona. It is home to a few local businesses such as the Rio Rico Deli, RocaFires Pharmacy, and El Triunfo Mexican Restaurant. The cost of living in Rio Rico is relatively low compared to the rest of the United States--the average two-bedroom rent in Rio Rico is $900 while the US average is $1,430. Additionally, the grocery cost index in Rio Rico stands at 94 versus 100 in the US. Overall, Rio Rico has a lower cost of living than many other places in Arizona and across the country.
Rio Rico has an unemployment rate of 10.3%. The US average is 6.0%.
Rio Rico has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Rio Rico
- The Sales Tax Rate for Rio Rico is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Rio Rico 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 Rio Rico
- The average income of a Rio Rico resident is $18,521 a year. The US average is $28,555 a year.
- The Median household income of a Rio Rico resident is $54,554 a year. The US average is $69,021 a year.