Economy in Glendale, AZ

Glendale, AZ is an attractive city with many amenities. It is a great place to live for those looking for a balance between work and leisure. With rent for a 2 bedroom at just $1,700, it is significantly lower than the national average of $1,430. The cost of groceries in Glendale is also lower than the US average index of 100 with its own Grocery Cost Index coming in at 97. This makes Glendale an economical choice for people looking for a new place to settle down. There are numerous local businesses in Glendale that add to the charm, such as the popular Arrowhead Towne Center mall or independent stores like El Tlacuache Mexican Restaurant or Moon Valley Nurseries. All in all, Glendale has much to offer and is a great value when it comes to cost of living.

Glendale has an unemployment rate of 7.0%. The US average is 6.0%.

Glendale has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 46.1%, which is higher than the US average of 33.5%.

Tax Rates for Glendale
- The Sales Tax Rate for Glendale is 9.2%. The US average is 7.3%.
- The Income Tax Rate for Glendale 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 Glendale
- The average income of a Glendale resident is $21,817 a year. The US average is $28,555 a year.
- The Median household income of a Glendale resident is $60,499 a year. The US average is $69,021 a year.