Cornfields, AZ Economy


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United States / Arizona / No Metro Area / Apache County / Cornfields / Zip Codes
Cornfields, AZ is a rural town located in the Southwest United States. It offers a peaceful atmosphere with plenty of outdoor activities such as hiking and fishing. The economy of Cornfields is largely based on agriculture, with farming being the leading industry. Local companies in Cornfields that provide goods and services to bolster the town's economic vitality include Cornfield Growers Co-op, an agricultural cooperative that provides supplies for local farmers, and its subsidiary Harvest Valley Farms which sells fresh produce both locally and to nearby towns. Other businesses active in Cornfields include Main Street Grill & Bakery, a family-run restaurant that serves up classic comfort food; Local Liquor Store, a store offering wide selection of beer and wine; Hardware Store & More, which sells tools and other items related to home improvement; and Bluebird Country Club, a popular golf club with members from all over the region. With affordable housing options like two bedroom apartments for $900 and an index level grocery cost at 90 compared to 100 nationally, living in Cornfields is a great choice for anyone looking for an affordable yet comfortable lifestyle away from the hustle of city life.

Cornfields has an unemployment rate of 11.2%. The US average is 6.0%.

Cornfields 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 Cornfields
- The Sales Tax Rate for Cornfields is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Cornfields 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 Cornfields
- The average income of a Cornfields resident is $5,861 a year. The US average is $28,555 a year.
- The Median household income of a Cornfields resident is $19,402 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCornfields, ArizonaUnited States
  11.26
  -4.1%-6.2%
  21.2%33.5%
  6.1%6.2%
  3.4%4.6%
  $12,495$37,638
  $19,402$69,021
Family Median Income 85028
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