Fredonia, AZ is a small city located in Coconino County. It has a unique vibe compared to other cities due to its low population and small-town feel. Fredonia is home to several local companies such as Smith Energy, Johnson Motors, and R&R Automotive Repair. With its low population, there are fewer rental opportunities available leading to an increase in rent prices when compared to other cities in the US. The grocery cost index of 94 versus 100 in the US also reflects this difference in demand for housing and suggests a lower cost of living than the national average.
Fredonia has an unemployment rate of 8.0%. The US average is 6.0%.
Fredonia has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 34.9%, which is higher than the US average of 33.5%.
Tax Rates for Fredonia
- The Sales Tax Rate for Fredonia is 10.9%. The US average is 7.3%.
- The Income Tax Rate for Fredonia 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 Fredonia
- The average income of a Fredonia resident is $18,041 a year. The US average is $37,638 a year.
- The Median household income of a Fredonia resident is $43,661 a year. The US average is $69,021 a year.