Tucson, AZ 85711 is an attractive city for renters due to its affordable cost of living. The average 2 bedroom rent in this area is only $1,070 compared to the nationwide average of $1,430. Additionally, the grocery cost index in Tucson is 95 versus 100 in the US. This lower cost of living has created a sought-after environment for both individuals and businesses alike. There are many local companies that have set up shop in Tucson including the University of Arizona Medical Center, Raytheon Missile Systems and Davis Monthan Air Force Base. Other businesses include Intuit Inc., IBM Corporation, and PepsiCo Inc. All these companies benefit from the relatively low costs associated with living and operating a business in Tucson while reaping the rewards of being located near one of America's most vibrant cities.
Tucson (zip 85711) has an unemployment rate of 7.4%. The US average is 6.0%.
Tucson (zip 85711) has seen the job market decrease by -3.6% 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 Tucson (zip 85711)
- The Sales Tax Rate for Tucson (zip 85711) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Tucson (zip 85711) 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 Tucson (zip 85711)
- The average income of a Tucson (zip 85711) resident is $25,946 a year. The US average is $37,638 a year.
- The Median household income of a Tucson (zip 85711) resident is $45,984 a year. The US average is $69,021 a year.