Zip 85340 (Litchfield Park, AZ) Economy


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Litchfield Park, Arizona (85340) is located in Maricopa County and is a great place to live with plenty of amenities to enjoy. The two bedroom rent in the area is $2,270 compared to the US average of $1,430. Additionally, grocery cost index in this area is 99 versus 100 in the US.
Local companies and amenities include Shadow Ridge Resort & Club which offers championship golf courses, as well as Big Surf Waterpark which provides plenty of fun for all ages. Other local businesses include Litchfield Country Club, Wildlife World Zoo & Aquarium, as well as several nearby shopping centers like Avondale Marketplace and Estrella Commons Shopping Center. With so many attractions and businesses there’s something for everyone in Litchfield Park (85340).

Litchfield Park (zip 85340) has an unemployment rate of 6.1%. The US average is 6.0%.

Litchfield Park (zip 85340) 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 45.1%, which is higher than the US average of 33.5%.

Tax Rates for Litchfield Park (zip 85340)
- The Sales Tax Rate for Litchfield Park (zip 85340) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Litchfield Park (zip 85340) 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 Litchfield Park (zip 85340)
- The average income of a Litchfield Park (zip 85340) resident is $30,567 a year. The US average is $28,555 a year.
- The Median household income of a Litchfield Park (zip 85340) resident is $103,808 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLitchfield Park, ArizonaUnited States
  6.16
  -2.0%-6.2%
  45.1%33.5%
  6.3%6.2%
  3.4%4.6%
  $38,226$37,638
  $103,808$69,021
  $109,114$85,028
  Population by Occupation
  0.6%1.2%
  0.2%0.5%
  5.2%6.8%
  7.4%10.0%
  2.3%2.5%
  11.8%11.0%
  6.8%4.8%
  2.8%0.8%
  2.0%1.9%
  7.7%4.7%
  4.2%1.9%
  4.4%7.6%
  0.0%0.1%
  3.7%4.2%
  10.2%9.3%
  11.4%14.0%
  2.0%2.1%
  6.1%7.0%
  4.6%4.8%
  6.7%4.7%
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