Zip 85118 (Gold Canyon, AZ) Economy


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Gold Canyon, Arizona is a small city located in Pinal County with a population of approximately 10,000 people. It's known for its close proximity to the Superstition Mountains, and is situated about 60 miles east of Phoenix. Gold Canyon is an attractive destination for those who want to experience peaceful desert surroundings without sacrificing any of the convenience and amenities of larger cities. The average 2-bedroom rent in Gold Canyon is $1,680, which is more than the US average of $1,430, making it a relatively affordable area to live in. The Grocery Cost Index for Gold Canyon is 98 versus 100 in the US. \nThere are numerous local businesses and attractions within Gold Canyon. These range from golf courses like Dinosaur Mountain at Gold Canyon Golf Resort to retail stores like Goodwill and CVS Pharmacy. There are also plenty of restaurants such as Macayo's Mexican Kitchen and Red Robin Gourmet Burgers & Brews that cater to visitors' needs. With all these features combined and its cost of living being relatively low compared to other areas in Arizona, Gold Canyon remains an attractive destination for many people looking for an ideal place to call home.

Gold Canyon (zip 85118) has an unemployment rate of 6.4%. The US average is 6.0%.

Gold Canyon (zip 85118) has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 48.0%, which is higher than the US average of 33.5%.

Tax Rates for Gold Canyon (zip 85118)
- The Sales Tax Rate for Gold Canyon (zip 85118) is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Gold Canyon (zip 85118) 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 Gold Canyon (zip 85118)
- The average income of a Gold Canyon (zip 85118) resident is $43,466 a year. The US average is $28,555 a year.
- The Median household income of a Gold Canyon (zip 85118) resident is $71,474 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGold Canyon, ArizonaUnited States
  6.46
  -2.0%-6.2%
  48.0%33.5%
  7.2%6.2%
  3.4%4.6%
  $50,202$37,638
  $71,474$69,021
  $83,463$85,028
  Population by Occupation
  0.0%1.2%
  1.5%0.5%
  8.9%6.8%
  8.0%10.0%
  1.8%2.5%
  10.2%11.0%
  2.8%4.8%
  4.8%0.8%
  1.6%1.9%
  5.2%4.7%
  1.8%1.9%
  7.5%7.6%
  0.3%0.1%
  2.6%4.2%
  6.1%9.3%
  14.7%14.0%
  0.9%2.1%
  12.3%7.0%
  4.6%4.8%
  4.3%4.7%
Health