ZIP 85042 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Phoenix city, AZ (85042)

Median Income

$86,837

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,529

Wealth inflow

Population

45,575

Unemployment

5.3%

1.6pp above US avg

IRS migration statistics show a net inflow of about 1,529 for ZIP 85042 (Phoenix city, AZ) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

5.3%+44% vs US avg

Self-Employed

2.4%-61% vs US avg

SNAP Benefits

9.8%-16% vs US avg

519

Establishments

6,861

Employees

~13 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.8%
Construction7.8%
Manufacturing9.1%
Wholesale trade2.5%
Retail trade10.9%
Transportation, utilities6.1%
Information1.7%
Finance, insurance, real estate11.7%
Professional, scientific, management13.2%
Education, health care, social22.7%
Arts, entertainment, food services6.5%
Other services2.9%
Public administration4.2%

Household Income

Historical Trends in 85042 (2020–Present)

Since 2020, population declined 7.7%, median income rose 10.7% (inflation-adjusted), home values increased 35.5%.

Median Income

$86,837

+16% vs US avg

Unemployment Rate