Zip 85940 (Vernon, AZ) Economy


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United States / Arizona / No Metro Area / Apache County / Vernon / Vernon (zip 85940)
85940 Vernon, Arizona is a small town located in Apache County. This quaint community is known for its peaceful atmosphere and friendly people. The average two bedroom rent cost is $940, with groceries costing an index of 96 compared to the national average of 100. Companies located in 85940 Vernon include Christopher Ranch General Contractors, who specialize in remodeling homes, apartments, and businesses; as well as Smith’s Automotive Repair, providing quality repairs on vehicles of all makes and models. Similarly, there is also Peters Heating & Air Conditioning offering reliable solutions for heating and cooling needs. For those who are looking for entertainment options, 85940 Vernon also has places like the Black Raven Events Center which hosts special events such as weddings or parties. With so many great local businesses to choose from 85940 Vernon is definitely worth a visit!

Vernon (zip 85940) has an unemployment rate of 11.2%. The US average is 6.0%.

Vernon (zip 85940) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 21.2%, which is lower than the US average of 33.5%.

Tax Rates for Vernon (zip 85940)
- The Sales Tax Rate for Vernon (zip 85940) is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Vernon (zip 85940) 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 Vernon (zip 85940)
- The average income of a Vernon (zip 85940) resident is $20,149 a year. The US average is $28,555 a year.
- The Median household income of a Vernon (zip 85940) resident is $56,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVernon, ArizonaUnited States
  11.26
  -4.1%-6.2%
  21.2%33.5%
  8.1%6.2%
  3.4%4.6%
  $26,146$37,638
  $56,625$69,021
  $56,825$85,028
  Population by Occupation
  10.8%1.2%
  0.0%0.5%
  21.3%6.8%
  0.0%10.0%
  0.0%2.5%
  10.4%11.0%
  14.7%4.8%
  8.4%0.8%
  2.0%1.9%
  0.0%4.7%
  0.0%1.9%
  2.3%7.6%
  3.2%0.1%
  5.2%4.2%
  5.0%9.3%
  7.3%14.0%
  0.0%2.1%
  0.0%7.0%
  2.9%4.8%
  6.5%4.7%
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