City of Sierra Vista, AZ
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Low Cost of Doing Business
Arizona offers one of the lowest cost areas of doing business in the United States, primarily because of low taxes and small state government. After a recent phasedown, Arizona’s corporate taxes are near the nation’s lowest at 4.9%. While the national average of per capita income going to taxes is 9.9 percent, here the amount is only 8.8%. In addition, Arizona’s taxes on property, gas, and personal income remain low compared to the rest of the country. The average costs for workers compensation are another advantage, with Arizona among the lowest in the U.S.
Property taxes in Sierra Vista, at 0.1136%, are far below the state’s average (0.68%) and even lower than the nation’s average of 1.15%. In fact, Sierra Vista has one of the lowest combined property and retail transaction privilege taxes in Arizona. Did you know Sierra Vista was ranked as the most affordable place to live in the state by AZ Big Media in 2024?
City/Town | 2016 Combined Property Tax | City Retail TPT | Overall Retail TPT |
---|---|---|---|
Chandler | 1.16 | 1.5% | 7.80% |
Gilbert | 1.0609 | 1.5% | 7.80% |
Huachuca City | 1.25 | 1.50% | 7.60% |
Scottsdale | 1.129 | 1.65% | 7.95% |
Yuma | 1.8281 | 1.70% | 8.41% |
Sierra Vista | 0.1136 | 1.95% | 8.55% |
Mesa | 1.1578 | 1.75% | 8.05% |
Peoria |
1.44 |
1.80% |
8.10% |
Benson |
0.5838 |
3.50% |
9.60% |
Bisbee |
2.5873 |
3.50% |
9.60% |