Phoenix, AZ 85045 is a great place to live. It has many advantages, including affordable rent and a low cost of living. The average two bedroom rent in 85045 is only $2,630 per month – that’s a full $1,200 less than the national average. Furthermore, the Grocery Cost Index in Phoenix 85045 is 101 versus 100 nationally. In addition to economic benefits, Phoenix boasts plenty of local amenities such as restaurants, shopping malls and entertainment venues like Topgolf Scottsdale, Arizona Diamondbacks games and the Phoenix Zoo. The community also offers excellent employment opportunities at local companies such as USAA Insurance Group, Amazon Fulfillment Center and Avnet Incorporated.
Phoenix (zip 85045) has an unemployment rate of 6.6%. The US average is 6.0%.
Phoenix (zip 85045) 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 85045)
- The Sales Tax Rate for Phoenix (zip 85045) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Phoenix (zip 85045) 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 85045)
- The average income of a Phoenix (zip 85045) resident is $46,576 a year. The US average is $28,555 a year.
- The Median household income of a Phoenix (zip 85045) resident is $141,615 a year. The US average is $69,021 a year.