Walnut Creek, AZ Economy


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Walnut Creek, AZ is an ideal area to rent a two-bedroom apartment. At a price of $980 per month, it is well below the national average of $1,430. In addition, local grocery stores are cheaper in Walnut Creek than they are nationally as the Grocery Cost Index in Walnut Creek is 94 versus 100 in the US. For prospective renters interested in moving to the area, there are several local companies that can help with this process such as Davidi Real Estate Group, Walnut Creek Apartments and The Moving Company of Arizona offering services such as relocation assistance and home finding.

Walnut Creek has an unemployment rate of 7.1%. The US average is 6.0%.

Walnut Creek has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 41.2%, which is higher than the US average of 33.5%.

Tax Rates for Walnut Creek
- The Sales Tax Rate for Walnut Creek is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Walnut Creek 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 Walnut Creek
- The average income of a Walnut Creek resident is $26,897 a year. The US average is $37,638 a year.
- The Median household income of a Walnut Creek resident is $38,722 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWalnut Creek, ArizonaUnited States
  7.16
  -2.7%-6.2%
  41.2%33.5%
  5.9%6.2%
  3.4%4.6%
  $26,897$37,638
  $38,722$69,021
  $53,833$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.4%6.8%
  23.1%10.0%
  0.0%2.5%
  6.8%11.0%
  20.9%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  5.1%9.3%
  37.6%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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