Sanders, AZ is a small town located in the Arizona's Navajo County. Despite its size, Sanders has a robust economy with a number of locally owned businesses. These include Sanders Grocery Store, Sanders Auto Repair and Sanders Hardware Store. The cost of living in Saunders is quite low compared to the nationwide average - for example, two bedroom rent is an affordable $920 per month in contrast to the US average of $1,430. Similarly, the grocery cost index in Sanders is 92 versus 100 in the US. This suggests that food prices are 8% lower than the national norm in this area. All these economic indicators point towards a strong local economy backed by competitively priced goods and services from local retailers.
Sanders has an unemployment rate of 11.2%. The US average is 6.0%.
Sanders has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 21.2%, which is lower than the US average of 33.5%.
Tax Rates for Sanders
- The Sales Tax Rate for Sanders is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Sanders 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 Sanders
- The average income of a Sanders resident is $5,919 a year. The US average is $28,555 a year.
- The Median household income of a Sanders resident is $27,487 a year. The US average is $69,021 a year.