Palominas, AZ Economy


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\nPalominas, AZ is a small rural town in Arizona with an estimated population of 293 people. The cost of living in Palominas is quite attractive with 2 bedroom rent costing $1,180 versus $1,430 in the US. Even the grocery cost index in Palominas is 97 compared to 100 in the US. Local companies and amenities include Apache Peak Trading Post, which offers a variety of general goods and services ranging from clothing to automotive repair, and Chiricahua Desert Museum which educates its visitors about the local flora and fauna. Other amenities include the Coronado National Forest offering outdoor recreational activities, such as camping and hiking trails. Additionally, Palominas boasts facilities like Sonic Drive-In for fast food lovers, a post office for mailing needs as well as a gas station for fueling up vehicles.

Palominas has an unemployment rate of 5.9%. The US average is 6.0%.

Palominas has seen the job market increase by 2.1% 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 Palominas
- The Sales Tax Rate for Palominas is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Palominas 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 Palominas
- The average income of a Palominas resident is $47,434 a year. The US average is $37,638 a year.
- The Median household income of a Palominas resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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