ZIP 85043 — Economy & Jobs

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

Middle ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Phoenix city, AZ (85043)

Median Income

$70,051

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,328

Wealth inflow

Population

39,603

Unemployment

5.0%

1.3pp above US avg

IRS migration statistics show a net inflow of about 1,328 for ZIP 85043 (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

5.0%+36% vs US avg

Self-Employed

5.8%-6% vs US avg

SNAP Benefits

16.5%+41% vs US avg

977

Establishments

58,925

Employees

~60 per establishment — mix of small and larger employers

Construction

Top Industry

Economic Distributions

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

Occupation

Industry

Agriculture, forestry, mining0.6%
Construction13.9%
Manufacturing5.8%
Wholesale trade2.6%
Retail trade9.4%
Transportation, utilities9.4%
Information1.0%
Finance, insurance, real estate6.3%
Professional, scientific, management10.9%
Education, health care, social20.6%
Arts, entertainment, food services7.9%
Other services6.2%
Public administration5.2%

Household Income

Historical Trends in 85043 (2020–Present)

Since 2020, population grew 4.8%, median income rose 7.1% (inflation-adjusted), home values increased 29.4%.

Median Income

$70,051

-7% vs US avg

Unemployment Rate