85941 Whiteriver, AZ is a small town located in the White Mountains of Arizona. The town has a population of about 2,000 people and is home to many Native American tribes as well as other small businesses. The economy of Whiteriver is largely dependent on tourism, ranching, logging and other natural resources. The cost of living is relatively low compared to other cities in Arizona, with two-bedroom rentals going for around $1,040. Additionally, groceries are less expensive than the US average with a grocery cost index at 92 versus 100 in the US.
Local companies in 85941 Whiteriver include Native Americans Smoke Shop & Trading Post which sells traditional Native American arts and crafts as well as other goods and services; White Mountain Business Solutions which provides business consulting services to local businesses; and Blue Sky Adventures which offers guided tours of the area.
The economic outlook for 85941 Whiteriver remains positive due to its strong industries such as tourism, ranching and logging that continue to draw people to the area year round. Additionally, the low cost of living combined with access to unique resources serve as a major draw for potential residents looking for an affordable place to live while still having close access to larger cities.
Whiteriver (zip 85941) has an unemployment rate of 8.7%. The US average is 6.0%.
Whiteriver (zip 85941) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.
Tax Rates for Whiteriver (zip 85941)
- The Sales Tax Rate for Whiteriver (zip 85941) is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Whiteriver (zip 85941) 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 Whiteriver (zip 85941)
- The average income of a Whiteriver (zip 85941) resident is $9,092 a year. The US average is $28,555 a year.
- The Median household income of a Whiteriver (zip 85941) resident is $38,054 a year. The US average is $69,021 a year.