Phoenix, Arizona 

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Economy in Phoenix, Arizona

Phoenix has an unemployment rate of 4.2%. The US average is 3.9%.

Phoenix has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 48.2%, which is higher than the US average of 33.5%.

Tax Rates for Phoenix
- The Sales Tax Rate for Phoenix is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Phoenix is 4.2%. The US average is 4.6%.

Income and Salaries for Phoenix
- The average income of a Phoenix resident is $24,057 a year. The US average is $28,555 a year.
- The Median household income of a Phoenix resident is $46,881 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYPhoenix, ArizonaUnited States
  Unemployment Rate4.2%3.9%
  Recent Job Growth3.3%1.6%
  Future Job Growth48.2%33.5%
  Sales Taxes8.6%7.3%
  Income Taxes0.04240.046
  Income per Cap.$26,528$31,177
  Household Income$52,080$57,652
  Family Median Income$60,013$70,850
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.4%1.3%
  Mining, quarrying, oil and gas extraction0.1%0.6%
  Construction7.6%6.2%
  Manufacturing7.4%10.4%
  Wholesale trade2.7%2.7%
  Retail trade11.6%11.6%
  Transportation and warehousing4.4%4.1%
  Utilities00
  Information2.0%2.1%
  Finance and insurance7.3%4.7%
  Real estate, rental, leasing2.4%1.9%
  Professional, scientific, technical services6.7%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs7.3%4.3%
  Educational services7.4%9.3%
  Health care and social assistance12.2%13.8%
  Arts, entertainment, recreation2.0%2.2%
  Accommodation, food services8.7%7.4%
  Other services5.3%4.9%
  Public administration3.8%4.8%
ECONOMY MAP
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    Reviews for Phoenix    420 Reviews
    From the Windy City to a Desert Paradise! - 12/4/2018
    30 years old--moved here from Chicago and have been living here for 5 years. I live in North Phoenix and absolutely love it. 15 min from downtown, where you can ALWAYS... Read More

    Start Your Review of Phoenix


    The One Positive Review I Know. - 10/26/2018
    I want to start off saying that I think James from Tempe did a very thorough analytical look at what life is like in Phoenix---or Tempe, as that's where he's a current... Read More

    Detroit in the desert meets mad max - 9/18/2018
    I've lived in AZ for 8 years now and I absolutely do NOT recommend moving here, a fools paradise indeed!! first, let me start off by saying what everyone else is saying:... Read More


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    MAPS OF PHOENIX, ARIZONA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Phoenix,Arizona Map
    ZIP CODES IN PHOENIX, ARIZONA

    NEW LISTINGS IN PHOENIX AZ
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    $279,495
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    $284,495
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    Bed 3 | Bath 2.0 |

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