Located in Jerome Arizona, 86331 is a small city that offers an affordable cost of living. The average rent for a two bedroom apartment in this area is $1,120 which is much lower than the national average of $1,430. Additionally, grocery costs are relatively low with the Grocery Cost Index measuring in at 98 compared to 100 nationally. As a result of these discounted prices 86331 Jerome provides locals with convenience and affordability when it comes to their lifestyle expenses. There are various local companies that operate within the city such as Jerome Grocer Co., AZ Growers Farm & Garden, and Arizona Computer Solutions. These businesses provide valuable goods and services to the community and contribute to the strong local economy in this area.
Jerome (zip 86331) has an unemployment rate of 5.6%. The US average is 6.0%.
Jerome (zip 86331) has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 44.1%, which is higher than the US average of 33.5%.
Tax Rates for Jerome (zip 86331)
- The Sales Tax Rate for Jerome (zip 86331) is 9.9%. The US average is 7.3%.
- The Income Tax Rate for Jerome (zip 86331) 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 Jerome (zip 86331)
- The average income of a Jerome (zip 86331) resident is $36,763 a year. The US average is $37,638 a year.
- The Median household income of a Jerome (zip 86331) resident is $39,896 a year. The US average is $69,021 a year.