Chino Valley, AZ is a small town located close to Prescott with a population of about 12,000. It's a beautiful place surrounded by mountains and national forests which makes it great for outdoor activities like hiking and camping. It also offers a unique blend of small-town charm and modern amenities. The cost of living in Chino Valley is relatively low when compared to other parts of Arizona. Rent for two bedroom apartments in Chino Valley is only $1,240 per month on average; whereas the US average for 2 Bedroom rent is $1,430 per month. Additionally, the Grocery Cost Index in Chino Valley is 98 versus 100 in the US. This makes it an affordable place to live with plenty of things to do and opportunities for work or recreation. Amongst the local companies are All West Stone Fabricator, Northern Arizona Home Builders Association and Chino Valley Chamber of Commerce which offer various services related to home building and local businesses. All these factors make Chino Valley a great place to live with affordable housing options and several job prospects
Chino Valley has an unemployment rate of 5.6%. The US average is 6.0%.
Chino Valley 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 Chino Valley
- The Sales Tax Rate for Chino Valley is 10.4%. The US average is 7.3%.
- The Income Tax Rate for Chino Valley 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 Chino Valley
- The average income of a Chino Valley resident is $21,538 a year. The US average is $28,555 a year.
- The Median household income of a Chino Valley resident is $46,893 a year. The US average is $69,021 a year.