Katherine, AZ Economy


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Katherine, AZ is a small town located in the Coconino County of Arizona, known for its warm climate and beautiful scenery. The cost of living in Katherine is relatively low compared to other parts of the nation, with a two-bedroom rent averaging at $1,020, while the US average remains at $1,430. Grocery costs are also comparatively lower in Katherine than elsewhere in the US, with an index score of 97 relative to 100. Major local employers include Carbon Medical Technologies and Bright Racing Enterprises. There are plenty of recreational activities available in Katherine too, such as hiking or fishing along Oak Creek Canyon. Overall, residents can enjoy a comfortable life at an affordable price in this charming city.

Katherine has an unemployment rate of 7.1%. The US average is 6.0%.

Katherine has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 41.2%, which is higher than the US average of 33.5%.

Tax Rates for Katherine
- The Sales Tax Rate for Katherine is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Katherine 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 Katherine
- The average income of a Katherine resident is $19,994 a year. The US average is $37,638 a year.
- The Median household income of a Katherine resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKatherine, ArizonaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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