Zip 85012 (Phoenix, AZ) Economy


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85012 Phoenix, AZ is a great place to call home. The average two-bedroom rent in the area is $1,770 which is significantly higher than the national average of $1,430. Grocery costs index in 85012 Phoenix, AZ is 103 compared to the US average of 100 meaning groceries are slightly more expensive here. Local companies including Amazon and USAA have a presence in the area and there are some great attractions like the Desert Botanical Garden or the Musical Instrument Museum. Whether you are looking for a vibrant nightlife or a relaxed lifestyle, 85012 Phoenix has something for everyone.

Phoenix (zip 85012) has an unemployment rate of 6.6%. The US average is 6.0%.

Phoenix (zip 85012) 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 85012)
- The Sales Tax Rate for Phoenix (zip 85012) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Phoenix (zip 85012) 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 85012)
- The average income of a Phoenix (zip 85012) resident is $43,092 a year. The US average is $28,555 a year.
- The Median household income of a Phoenix (zip 85012) resident is $72,708 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%
  $59,351$37,638
  $72,708$69,021
  $109,050$85,028
  Population by Occupation
  0.2%1.2%
  0.4%0.5%
  4.6%6.8%
  4.1%10.0%
  2.4%2.5%
  6.4%11.0%
  2.4%4.8%
  0.4%0.8%
  3.3%1.9%
  8.1%4.7%
  5.7%1.9%
  9.0%7.6%
  0.5%0.1%
  4.1%4.2%
  12.2%9.3%
  20.4%14.0%
  0.8%2.1%
  5.1%7.0%
  4.5%4.8%
  5.2%4.7%
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