Zip 85006 (Phoenix, AZ) Economy


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The 85006 zip code in Phoenix Arizona has an average 2 bedroom rent of $1,390 which is slightly below the US average at $1,430. The grocery cost index for the area is 96 compared to 100 nationwide. There are many local businesses that serve the 85006 zip code such as M&M Electrical Services, Inc., E & G Auto Repair, Horton's Professional Carpet Cleaning, and G C Plumbing & Mechanical Systems Inc. These companies provide a variety of services that help keep the community running smoothly from providing electrical services to carpet cleaning and plumbing repairs.

Phoenix (zip 85006) has an unemployment rate of 6.6%. The US average is 6.0%.

Phoenix (zip 85006) 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 48.2%, which is higher than the US average of 33.5%.

Tax Rates for Phoenix (zip 85006)
- The Sales Tax Rate for Phoenix (zip 85006) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Phoenix (zip 85006) 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 85006)
- The average income of a Phoenix (zip 85006) resident is $23,763 a year. The US average is $37,638 a year.
- The Median household income of a Phoenix (zip 85006) resident is $46,963 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPhoenix, 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%
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