Nelson, AZ Economy


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Nelson, AZ is a great city for people looking for a comfortable place to live. With a two bedroom rent price of $1,390 it is cheaper than the national average of $1,430. In addition, the Grocery Cost Index in Nelson is 97 compared to 100 in the US overall. Residents of Nelson can find local companies such as Nelson Automotive & Muffler Service and Nelson's Appliance Repair that offer quality services at competitive prices. When comparing cost of living between Nelson and other cities Nelson comes out ahead in many categories such as housing costs and grocery costs. This makes it an attractive option for those looking for a place to call home.

Nelson has an unemployment rate of 6.7%. The US average is 6.0%.

Nelson has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.

Tax Rates for Nelson
- The Sales Tax Rate for Nelson is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Nelson 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 Nelson
- The average income of a Nelson resident is $10,671 a year. The US average is $28,555 a year.
- The Median household income of a Nelson resident is $49,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNelson, ArizonaUnited States
  6.76
  -3.6%-6.2%
  35.1%33.5%
  8.6%6.2%
  3.4%4.6%
  $13,350$37,638
  $49,167$69,021
  $41,799$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  72.3%6.8%
  0.0%10.0%
  0.0%2.5%
  3.7%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  6.6%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  17.5%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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