Somerton, AZ Economy


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Somerton, AZ is an affordable place to live with a 2 bedroom rent of just $1,030, compared to the US average of $1,430. The cost of groceries in Somerton is also lower than the national average, coming in at 94 on the Grocery Cost Index versus 100 for the US overall. There are many local companies and attractions to explore in Somerton. For shopping, there's Coolidge Corner Store and Apache Ranch Market; for entertainment, locals can visit Rodeo Ground Stadium and Klassic Kountry Karaoke Bar; and there are several beautiful outdoor sites like Somerton Historic Park and The City of Somerton Water Tower.

Somerton has an unemployment rate of 11.3%. The US average is 6.0%.

Somerton has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.

Tax Rates for Somerton
- The Sales Tax Rate for Somerton is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Somerton 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 Somerton
- The average income of a Somerton resident is $18,030 a year. The US average is $37,638 a year.
- The Median household income of a Somerton resident is $53,741 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySomerton, ArizonaUnited States
  11.36
  -2.4%-6.2%
  21.6%33.5%
  6.7%6.2%
  3.4%4.6%
  $18,030$37,638
  $53,741$69,021
  $57,198$85,028
  Population by Occupation
  8.9%1.2%
  0.0%0.5%
  7.3%6.8%
  9.6%10.0%
  3.6%2.5%
  12.9%11.0%
  2.1%4.8%
  0.0%0.8%
  1.3%1.9%
  0.6%4.7%
  0.3%1.9%
  2.7%7.6%
  0.0%0.1%
  4.8%4.2%
  6.7%9.3%
  10.1%14.0%
  3.6%2.1%
  10.5%7.0%
  6.0%4.8%
  8.9%4.7%
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