Phoenix, AZ 85029 is a bustling city with plenty of amenities. The average 2 bedroom rent in the area is $1,540. This is slightly higher than the national average of $1,430 for two bedrooms. There are many local companies in and around this area such as Phoenix Suns professional basketball team, Arizona Diamondbacks baseball team, Desert Botanical Garden and Heard Museum. The grocery cost index in Phoenix 85029 is 96 compared to the US which has an index of 100. With its numerous attractions and diverse population, Phoenix 85029 is an exciting place to live.
Phoenix (zip 85029) has an unemployment rate of 6.6%. The US average is 6.0%.
Phoenix (zip 85029) 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 85029)
- The Sales Tax Rate for Phoenix (zip 85029) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Phoenix (zip 85029) 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 85029)
- The average income of a Phoenix (zip 85029) resident is $26,198 a year. The US average is $37,638 a year.
- The Median household income of a Phoenix (zip 85029) resident is $53,565 a year. The US average is $69,021 a year.