85281 Tempe, AZ is an ideal place to live for those looking for a lower cost of living. The median 2 bedroom rent in Tempe is $1,890 compared to the US average of $1,430, making it a more affordable option than many other cities in Arizona. In terms of groceries, Tempe has a Grocery Cost Index of 97 versus the US average of 100. This means that groceries are slightly less expensive in Tempe than elsewhere in the US. For those who live and work in this area, there are many local businesses to support such as Fry's Food Stores, Walgreens Pharmacy, Chevron Gas Station and Goodwill Industries International Inc. With its low costs of living and abundance of local businesses, 85281Tempe AZ is an excellent choice for individuals seeking stability and affordability.
Tempe (zip 85281) has an unemployment rate of 5.4%. The US average is 6.0%.
Tempe (zip 85281) 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 49.9%, which is higher than the US average of 33.5%.
Tax Rates for Tempe (zip 85281)
- The Sales Tax Rate for Tempe (zip 85281) is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Tempe (zip 85281) 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 Tempe (zip 85281)
- The average income of a Tempe (zip 85281) resident is $17,556 a year. The US average is $28,555 a year.
- The Median household income of a Tempe (zip 85281) resident is $49,204 a year. The US average is $69,021 a year.