Zip 85006 (Phoenix, AZ) Economy


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The 85006 zip code in Phoenix Arizona has an average 2 bedroom rent of $1,390 which is slightly below the US average at $1,430. The grocery cost index for the area is 96 compared to 100 nationwide. There are many local businesses that serve the 85006 zip code such as M&M Electrical Services, Inc., E & G Auto Repair, Horton's Professional Carpet Cleaning, and G C Plumbing & Mechanical Systems Inc. These companies provide a variety of services that help keep the community running smoothly from providing electrical services to carpet cleaning and plumbing repairs.

Phoenix (zip 85006) has an unemployment rate of 6.6%. The US average is 6.0%.

Phoenix (zip 85006) 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 (zip 85006)
- The Sales Tax Rate for Phoenix (zip 85006) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Phoenix (zip 85006) 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 Phoenix (zip 85006)
- The average income of a Phoenix (zip 85006) resident is $12,083 a year. The US average is $28,555 a year.
- The Median household income of a Phoenix (zip 85006) resident is $46,963 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPhoenix, ArizonaUnited States
  6.66
  -2.0%-6.2%
  48.2%33.5%
  8.6%6.2%
  3.4%4.6%
  $23,763$37,638
  $46,963$69,021
  $50,062$85,028
  Population by Occupation
  0.2%1.2%
  0.2%0.5%
  11.1%6.8%
  5.6%10.0%
  1.4%2.5%
  8.5%11.0%
  3.8%4.8%
  1.5%0.8%
  1.7%1.9%
  5.1%4.7%
  2.2%1.9%
  6.7%7.6%
  0.1%0.1%
  10.7%4.2%
  7.1%9.3%
  10.8%14.0%
  2.4%2.1%
  13.9%7.0%
  5.0%4.8%
  2.0%4.7%
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