Phoenix, Arizona is a great place to live in the US. With an average 2 bedroom rent of $2,110, which is cheaper than the national average of $1,430, Phoenix offers a great value for its residents. It also has some of the most affordable groceries in the country; the Grocery Cost Index for Phoenix is 98 versus 100 in the US.
The 85024 zip code area of Phoenix includes several popular neighborhoods such as Arcadia Lite and Camelback East. This area also houses many local businesses such as Brio Tuscan Grille, Arrowhead Grill and La Grande Orange Pizzeria. There are also other places like The Vig Uptown and Gallo Blanco that offer great dining options for locals.
Phoenix (zip 85024) has an unemployment rate of 6.6%. The US average is 6.0%.
Phoenix (zip 85024) 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 85024)
- The Sales Tax Rate for Phoenix (zip 85024) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Phoenix (zip 85024) 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 85024)
- The average income of a Phoenix (zip 85024) resident is $40,623 a year. The US average is $37,638 a year.
- The Median household income of a Phoenix (zip 85024) resident is $81,359 a year. The US average is $69,021 a year.