The 2 bedroom rent in Phoenix, AZ (zip code 85003) is $1,490 compared to the US average of $1,430. Additionally, the Grocery Cost Index for this area is 101 versus the US index of 100. This means that prices are slightly higher than national averages. Popular local stores include Fry's Food and Drug, Safeway, and Bashas'. These stores offer a wide selection of groceries and household items. There are also several other well-known chain stores in the area such as Walmart Supercenter and Target.
Phoenix (zip 85003) has an unemployment rate of 6.6%. The US average is 6.0%.
Phoenix (zip 85003) 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 48.2%, which is higher than the US average of 33.5%.
Tax Rates for Phoenix (zip 85003)
- The Sales Tax Rate for Phoenix (zip 85003) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Phoenix (zip 85003) 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 Phoenix (zip 85003)
- The average income of a Phoenix (zip 85003) resident is $29,026 a year. The US average is $28,555 a year.
- The Median household income of a Phoenix (zip 85003) resident is $47,813 a year. The US average is $69,021 a year.