Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 21.8 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $91,042 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $64,992 |
What is a good salary in Scottsdale AZ?
The average salary in Scottsdale is $87,746. A good hourly wage in Scottsdale is $34.13 per hour. That works out to a good weekly wage of $1,365 per week and a good monthly wage of $5,916 per month. However, using the median income is only one way to calculate a good salary in Scottsdale.
What is the average cost of living in Scottsdale AZ?
Scottsdale cost of living is 133.2
| COST OF LIVING | Scottsdale | Arizona |
|---|---|---|
| Grocery | 103.3 | 96.1 |
| Health | 92.2 | 95.2 |
| Housing | 203 | 107.8 |
| Median Home Cost | $673,400 | $349,300 |
Is the cost of living high in Scottsdale?
Looking at the Scottsdale cost of living, you’ll find the city is about 33% more expensive to live in than the average across the nation. These higher expenses include everything from groceries and the real estate market to home utilities and local transportation.
What is considered high income in Arizona?
According to Business Insider, Arizona residents need to make at least $107,120 each year to be considered “upper income” or “rich” — a far cry from the state’s median annual household income, which was $35,880 in 2016.
What is a livable salary in Arizona?
Living Wage Calculation for Arizona
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $17.43 | $37.82 |
| Poverty Wage | $6.19 | $12.74 |
| Minimum Wage | $12.80 | $12.80 |
What is a living wage in Phoenix 2022?
Labor Department – Minimum Wage
Effective January 1, 2022, through December 31, 2022, Arizona’s minimum wage will be $12.80 per hour.
Is Scottsdale a wealthy town?
Scottsdale is a prosperous place. Only Paradise Valley in the entire metro Phoenix area has a higher median income. Some of the places where the wealthiest people live are expected. They are north of Bell Road, in some cases pretty far north.
Is Scottsdale a wealthy city?
A long-time favorite in Maricopa County, Scottsdale comes in at number four with a median household income of $88,213. No matter what your preference, Scottsdale has it. Learn more about living in Scottsdale here.
Why are Scottsdale homes so expensive?
The Scottsdale housing market is dealing with high demand and low supply. Sellers are well aware that they can command a premium for their homes because demand is the craziest it’s ever been. According to local Realtors, the Scottsdale housing market has joined the list of popular destinations.
What are the pros and cons of living in Scottsdale Arizona?
Weather
- Pro: For most months of the year, you’ll enjoy the most perfect weather imaginable.
- Con: Arizona summers can be serious scorchers.
- Pro: The Arizona job market is full of opportunities.
- Con: Competition can be tough for candidates.
- Pro: There are many housing options available for new residents.
Why is Scottsdale so popular?
It has an abundance of safe suburban areas, low crime, and some of the best schools in the state. It’s also ideal for young adults just starting out. There are plenty of job opportunities, an abundance of nightlife, great dining, and plenty of shopping opportunities.
What is the average electric bill in Scottsdale AZ?
On average, electricity users in Scottsdale, AZ spend about $201 per month on electricity. That adds up to $2,412 per year. That’s 28% higher than the national average electric bill of $1,892.
What is the top 5% income in Arizona?
Arizona
- Average top 5% income: $328,778.
- Lower limit of top 5%: $195,113.
What is considered middle class in Phoenix?
While ZipRecruiter is seeing salaries as high as $125,013 and as low as $17,998, the majority of salaries within the Lower Middle Class jobs category currently range between $31,131 (25th percentile) to $71,018 (75th percentile) with top earners (90th percentile) making $116,743 annually in Phoenix.
What is the richest zip code in Arizona?
| List of 25 Wealthiest Zipcodes in Arizona | ||
|---|---|---|
| Rank | Zipcode | Zip Name |
| 1 | 85253 | Paradise Valley |
| 2 | 85262 | Scottsdale |
| 3 | 85255 | Scottsdale |
Is it cheaper to live in Texas or Arizona?
Which state is more affordable? In short, Texas. The cost of living index and median housing prices are lower in Texas than in Arizona, but that also depends on the neighborhood you are in.
Is it cheaper to live in Arizona than California?
Cost of living
California is 29.3% more expensive than Arizona. If to compare the average cost of living in Phoenix, Arizona, and Los Angeles, California, you will find that CA is far more costlier than AZ. California’s housing cost is 36.8% costlier.
What do you need to make to live comfortably in Arizona?
To live comfortably in Arizona, a renter should earn at least $4,764 before taxes each month. This translates to an annual pre-tax salary of $57,168.
What is a livable salary in Phoenix?
Living Wage Calculation for Phoenix-Mesa-Scottsdale, AZ
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Living Wage | $17.55 | $26.35 |
| Poverty Wage | $6.19 | $7.46 |
| Minimum Wage | $12.80 | $12.80 |
How much do you need to make in Phoenix to live comfortably?
According to the site, the income needed in Phoenix is $48,876. The article considers 50 percent for necessities, 30 percent for discretionary spending and 20 percent for savings.