Zip 85353 (Phoenix, AZ) Economy


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Phoenix, Arizona’s 85353 zip code is a great place to call home. The average rent for a two bedroom apartment in the area is $1,980, which is significantly higher than the national average of $1,430. Grocery costs are also on par with the national average, with a 100 grocery cost index compared to an index of 97 locally.
The area has plenty of amenities and things to do. Local companies such as Fry's Food Stores provide quality products and services for area residents, while other businesses in the area include Target, Home Depot and Best Buy. For entertainment, locals can visit Westgate Entertainment District or take part in recreational activities at Lakeside Park. With so much to offer, it’s no wonder why 85353 Phoenix is such a popular destination for both visitors and locals alike.

Phoenix (zip 85353) has an unemployment rate of 6.6%. The US average is 6.0%.

Phoenix (zip 85353) 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 85353)
- The Sales Tax Rate for Phoenix (zip 85353) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Phoenix (zip 85353) 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 85353)
- The average income of a Phoenix (zip 85353) resident is $16,719 a year. The US average is $28,555 a year.
- The Median household income of a Phoenix (zip 85353) resident is $77,905 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPhoenix, ArizonaUnited States
  6.66
  -2.0%-6.2%
  48.2%33.5%
  8.6%6.2%
  3.4%4.6%
  $24,172$37,638
  $77,905$69,021
  $76,568$85,028
  Population by Occupation
  0.6%1.2%
  0.2%0.5%
  11.6%6.8%
  8.1%10.0%
  3.1%2.5%
  13.5%11.0%
  9.5%4.8%
  0.7%0.8%
  1.2%1.9%
  9.2%4.7%
  2.3%1.9%
  3.6%7.6%
  0.1%0.1%
  5.1%4.2%
  4.5%9.3%
  10.6%14.0%
  1.0%2.1%
  8.6%7.0%
  2.7%4.8%
  3.8%4.7%
Reviews for Phoenix
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Over 17 years ago

Tolleson/volterra (83rd & Lower Buckeye) is still up in the air in what kind of a community it will develope to. Most residents take care of their homes but about 20%  More

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