Zip 85043 (Phoenix, AZ) Economy


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Phoenix, AZ is a great place to call home with its affordable rent and cost of living. In zip code 85043, the average rent for a two bedroom apartment is $1,880 per month. This is $450 less than the national average of $1,430 for two bedroom apartments. Grocery costs in Phoenix are also significantly lower than the national index at 96 versus 100.
The town of Phoenix provides plenty of amenities to keep residents entertained. There are many different restaurants and shops like Trader Joes, Whole Foods Market and Sprouts Farmers Market where you can pick up groceries or grab a bite to eat. There are also plenty of parks to explore such as Steele Indian School Park and Mountain Preserve which offer trails for biking, hiking and much more! For those who want to stay active there are numerous fitness centers around including LA Fitness, 24 Hour Fitness and Gold's Gym. Additionally there are multiple theaters nearby including Harkins Theatres and AMC Centerpoint 11 where you can catch the latest movie releases.

Phoenix (zip 85043) has an unemployment rate of 6.6%. The US average is 6.0%.

Phoenix (zip 85043) 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 85043)
- The Sales Tax Rate for Phoenix (zip 85043) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Phoenix (zip 85043) 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 85043)
- The average income of a Phoenix (zip 85043) resident is $21,128 a year. The US average is $37,638 a year.
- The Median household income of a Phoenix (zip 85043) resident is $57,941 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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