Phoenix, Arizona is a great place to move for a lower cost of living. The 2 bedroom rent in 85004 Phoenix, AZ is $1,890 which is around $460 less than the US average of $1,430. Additionally, the Grocery Cost Index in 85004 Phoenix, AZ is 98 compared to 100 in the US. This means groceries overall are slightly cheaper when it comes to 85004 Phoenix, AZ. Looking at local companies for lower rent has its advantages as well. For example, Fairfield Residential offers spacious 2 bedroom apartments starting at just $1,259/month with basic amenities included, making it an ideal choice for those looking for more affordable housing options in this area. Another company offering similarly priced apartments is Camden Coronado with monthly rents starting at $1,205/month plus additional free amenities depending on the unit type you select. When it comes to choosing a place to live while saving money and still having access to all necessary resources and services required for everyday living , 85004 Phoenix, AZ should definitely be considered.
Phoenix (zip 85004) has an unemployment rate of 6.6%. The US average is 6.0%.
Phoenix (zip 85004) 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 85004)
- The Sales Tax Rate for Phoenix (zip 85004) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Phoenix (zip 85004) 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 85004)
- The average income of a Phoenix (zip 85004) resident is $42,187 a year. The US average is $37,638 a year.
- The Median household income of a Phoenix (zip 85004) resident is $59,913 a year. The US average is $69,021 a year.