Zip 85551 (Solomon, AZ) Economy


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Solomon, Arizona (85551) is a small city in Cochise County. It is known for its low cost of living, with the two bedroom rent estimated to be around $1,010 per month and the grocery cost index being 94 compared to the US average of 100. There are a few local companies in Solomon that offer services such as construction, plumbing, electrical works and HVAC repairs. Residents can also find retail stores such as Dollar General and Taco Bell located on Main Street. In addition, there are several restaurants available which offer a variety of Mexican dishes as well as Italian and American cuisine. With its affordable housing and convenient amenities, Solomon is an excellent place to live for those looking for a peaceful home away from the hustle and bustle of big cities.

Solomon (zip 85551) has an unemployment rate of 5.4%. The US average is 6.0%.

Solomon (zip 85551) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.

Tax Rates for Solomon (zip 85551)
- The Sales Tax Rate for Solomon (zip 85551) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Solomon (zip 85551) 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 Solomon (zip 85551)
- The average income of a Solomon (zip 85551) resident is $22,572 a year. The US average is $37,638 a year.
- The Median household income of a Solomon (zip 85551) resident is $68,207 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySolomon, 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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