Zip 85623 (Oracle, AZ) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Oracle, Arizona is a small town located in Pinal County with a population of 3,686 people. It is known for its close proximity to nearby Tucson, which makes it a great choice for those who wish to enjoy all the amenities of city life while also having access to quieter and more rural areas. The average 2 bedroom rent in Oracle is $1,410 per month, slightly lower than the US average of $1,430. Oracle also boasts a low grocery cost index of 97 compared to 100 nationally.
Oracle offers plenty of local businesses for residents and visitors alike. For instance, there's The Oracle Inn restaurant that serves delicious American fare, as well as Enterprise Rent-A-Car for car rentals and an Ace Hardware store for hardware supplies. Additionally, there are several family owned stores such as the Oracle Deli Market & Cafe and Four Corners Restaurant that provide fresh ingredients from local farms for people to enjoy.
In summary, Oracle offers an affordable cost of living compared to many other places in Arizona and beyond. Local businesses like The Oracle Inn and Four Corners Restaurant provide produce from local farms so that residents can enjoy fresh meals without breaking their budget. With its close proximity to Tucson combined with its reasonable rent prices makes it an ideal location for those looking for a balance between rural and urban life in Arizona.

Oracle (zip 85623) has an unemployment rate of 6.4%. The US average is 6.0%.

Oracle (zip 85623) has seen the job market decrease by -2.0% 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 Oracle (zip 85623)
- The Sales Tax Rate for Oracle (zip 85623) is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Oracle (zip 85623) 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 Oracle (zip 85623)
- The average income of a Oracle (zip 85623) resident is $47,508 a year. The US average is $37,638 a year.
- The Median household income of a Oracle (zip 85623) resident is $58,965 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOracle, ArizonaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.