Zip 85716 (Tucson, AZ) Economy


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Tucson, AZ is an ideal place to live. With a two bedroom rental rate at $1,080, it is significantly cheaper than the US median of $1,430. Additionally, the Grocery Cost Index for Tucson is 96 versus 100 in the US. This means that people looking to move to 85716 Tucson will benefit from lower costs of living. The area offers plenty of amenities and entertainment options due to its many local businesses. Companies such as Raytheon Missile Systems, International Cruise & Excursions Inc., Davis-Monthan Air Force Base and Banner University Medical Center are just some of the larger employers in the city. There are numerous local parks, museums and galleries offering plenty of activities for everyone who calls 85716 home. With all these advantages, it’s no wonder that so many people choose to call Tucson, AZ home!

Tucson (zip 85716) has an unemployment rate of 7.4%. The US average is 6.0%.

Tucson (zip 85716) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.

Tax Rates for Tucson (zip 85716)
- The Sales Tax Rate for Tucson (zip 85716) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Tucson (zip 85716) 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 Tucson (zip 85716)
- The average income of a Tucson (zip 85716) resident is $26,303 a year. The US average is $28,555 a year.
- The Median household income of a Tucson (zip 85716) resident is $43,907 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTucson, ArizonaUnited States
  7.46
  -3.6%-6.2%
  33.1%33.5%
  8.7%6.2%
  3.4%4.6%
  $31,590$37,638
  $43,907$69,021
  $60,863$85,028
  Population by Occupation
  0.7%1.2%
  0.3%0.5%
  5.2%6.8%
  5.8%10.0%
  1.4%2.5%
  11.6%11.0%
  2.4%4.8%
  0.3%0.8%
  1.4%1.9%
  1.2%4.7%
  3.9%1.9%
  7.4%7.6%
  0.1%0.1%
  6.5%4.2%
  17.8%9.3%
  14.7%14.0%
  3.3%2.1%
  8.5%7.0%
  4.3%4.8%
  3.4%4.7%
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