Peoria, AZ Economy


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Peoria, AZ is a vibrant community located in the Phoenix metropolitan area. With a population of over 168,000 people, it's one of Arizona's fastest-growing cities and boasts an array of businesses that create jobs and support economic growth. Notable companies include Banner Health, Phonenix Suns, and Amazon Fulfillment Center. Peoria is also known for its affordable housing with 2 bedroom rents averaging $2,050 compared to the nationwide average of $1,430. Additionally, grocery costs are slightly lower than the US average at 98 versus 100 respectively. Overall Peoria offers excellent quality of life and plenty of opportunities for all its citizens.

Peoria has an unemployment rate of 5.8%. The US average is 6.0%.

Peoria has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.

Tax Rates for Peoria
- The Sales Tax Rate for Peoria is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Peoria 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 Peoria
- The average income of a Peoria resident is $39,408 a year. The US average is $37,638 a year.
- The Median household income of a Peoria resident is $81,017 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPeoria, ArizonaUnited States
  5.86
  -2.0%-6.2%
  32.5%33.5%
  8.1%6.2%
  3.4%4.6%
  $39,408$37,638
  $81,017$69,021
  $95,894$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  6.5%6.8%
  6.5%10.0%
  2.5%2.5%
  12.7%11.0%
  4.6%4.8%
  1.0%0.8%
  1.6%1.9%
  9.7%4.7%
  2.4%1.9%
  6.6%7.6%
  0.5%0.1%
  5.1%4.2%
  8.6%9.3%
  14.4%14.0%
  1.9%2.1%
  5.8%7.0%
  4.4%4.8%
  4.9%4.7%
Reviews for Peoria
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Over 3 years ago

personally not for me. the people tried to burn me at the stake but i ran away. if this is somehting you are inot would definetly recommend!! <3 ur  More

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I know, its strange, I want to go live in Prescott for years!!!! Don't know why!!!! Its a strong feeling I have! I don't know what to do or why I have this strong  More

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Over 9 years ago

great  More

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