Miracle Valley, AZ is a great place to live with 2 bedroom rent being significantly lower than the US at $1,180 versus $1,430. The cost of living in Miracle Valley is also much lower as indicated by its Grocery Cost Index of 97 compared to the US average of 100. Local companies in Miracle Valley include Bank of America, Martin's Tire & Automotive Service, and Gateway Community Health Center. There are plenty of shops and restaurants nearby to enjoy a night out on the town. Miracle Valley offers all the amenities needed for comfortable living with a significantly lower price tag than other areas of the United States.
Miracle Valley has an unemployment rate of 5.9%. The US average is 6.0%.
Miracle Valley has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Miracle Valley
- The Sales Tax Rate for Miracle Valley is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Miracle 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 Miracle Valley
- The average income of a Miracle Valley resident is $15,436 a year. The US average is $28,555 a year.
- The Median household income of a Miracle Valley resident is $56,341 a year. The US average is $69,021 a year.