Sedona, AZ is a beautiful and vibrant city located in the northern part of the state. It has become an increasingly popular place to live due to its stunning red rocks, rich cultural offerings, and outdoor activities that residents can enjoy year-round. The average two-bedroom rental cost in Sedona is $1,550 a month which is slightly higher than the US average of $1,430. Additionally, local grocery costs are higher with an index score of 105 compared to 100 nationally. Businesses in Sedona include a variety of restaurants and retail stores such as Tlaquepaque Arts & Shopping Village, Olga’s Mexican Restaurant and Cantina Real and Beyond Bread Bakery & Cafe. Other local companies include Sedona Vision Source optometrist office, Arizona Outdoor Fun ATV tours and Southwest Adventures Jeep Tours.
Sedona has an unemployment rate of 5.6%. The US average is 6.0%.
Sedona has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 44.1%, which is higher than the US average of 33.5%.
Tax Rates for Sedona
- The Sales Tax Rate for Sedona is 9.4%. The US average is 7.3%.
- The Income Tax Rate for Sedona 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 Sedona
- The average income of a Sedona resident is $38,202 a year. The US average is $28,555 a year.
- The Median household income of a Sedona resident is $58,901 a year. The US average is $69,021 a year.