Zip 85254 (Phoenix, AZ) Economy


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85254 Phoenix, AZ is a great place to live and offers plenty of amenities. The average two bedroom rent is $2,300 and the US average is $1,430. Additionally, the grocery cost index in 85254 Phoenix, AZ is 103 versus 100 in the US, making groceries slightly more expensive than average. Local companies include Fry’s Food Stores, Walmart Neighborhood Stores, Safeway Grocery Store, and Sprouts Farmers Market. Each of these stores offer a variety of products at competitive prices ideal for people living in 85254 Phoenix, AZ.

Phoenix (zip 85254) has an unemployment rate of 6.6%. The US average is 6.0%.

Phoenix (zip 85254) 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 85254)
- The Sales Tax Rate for Phoenix (zip 85254) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Phoenix (zip 85254) 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 85254)
- The average income of a Phoenix (zip 85254) resident is $59,469 a year. The US average is $37,638 a year.
- The Median household income of a Phoenix (zip 85254) resident is $104,284 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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