Zip 85014 (Phoenix, AZ) Economy


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Phoenix, AZ is a great place to live, especially for those looking for an affordable 2 bedroom rental. According to data from the area, the average cost of rent for a 2 bedroom in 85014 Phoenix, AZ is $1,810 per month. This is significantly lower than the US average of $1,430 per month. Those living in 85014 Phoenix, AZ can also enjoy the lower Grocery Cost Index of 98 compared to the US average of 100.
85014 Phoenix, AZ is surrounded by many local companies such as Insight Enterprises Inc., Gannett Co., Inc., PetSmart Corporation and Bashas' Supermarkets Inc. There are also numerous smaller businesses that provide quality goods and services to local residents. With these businesses in tow, it makes 85014 Phoenix, AZ a great place to call home.

Phoenix (zip 85014) has an unemployment rate of 6.6%. The US average is 6.0%.

Phoenix (zip 85014) 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 85014)
- The Sales Tax Rate for Phoenix (zip 85014) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Phoenix (zip 85014) 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 85014)
- The average income of a Phoenix (zip 85014) resident is $40,418 a year. The US average is $37,638 a year.
- The Median household income of a Phoenix (zip 85014) resident is $59,168 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPhoenix, ArizonaUnited States
  6.66
  -2.0%-6.2%
  48.2%33.5%
  8.6%6.2%
  3.4%4.6%
  $40,418$37,638
  $59,168$69,021
  $81,263$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  6.5%6.8%
  5.4%10.0%
  3.3%2.5%
  7.9%11.0%
  3.6%4.8%
  0.3%0.8%
  2.9%1.9%
  10.1%4.7%
  3.8%1.9%
  7.8%7.6%
  0.1%0.1%
  4.6%4.2%
  8.7%9.3%
  15.6%14.0%
  1.5%2.1%
  8.0%7.0%
  5.3%4.8%
  4.3%4.7%
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