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t. e. Transaction privilege tax (TPT) refers to a gross receipts tax levied by the state of Arizona on certain persons for the privilege of conducting business in the state. TPT differs from the "true" sales tax imposed by many other U.S. states as it is imposed upon the seller or lessor rather than the purchaser or lessee.
The population of the Phoenix metropolitan area increased by 45.3% from 1990 through 2000, compared to the overall U.S. rate of 13.2%, helping make Arizona the second-fastest growing state in the nation in the 1990s behind Nevada. [6]
The composition of the state's economy is moderately diverse; although health care, transportation and the government remain the largest sectors. Arizona's per capita income was $61,652 in 2023, ranking 33rd in the U.S. [2] The state had a median household income of $74,568, making it 19th in the country and just below the U.S. national mean.
Phoenix. Median home price: $450,000 Median home price change (year-over-year): +2.4% Average time on the market: 51 days Interestingly, home prices are actually up in Phoenix, Arizona.
The sales tax rate in Larimer County is roughly 7.5%. Most transactions in Denver and the surrounding area are taxed at a total of about 8%. The sales tax rate for non food items in Denver is 7.62%. Food and beverage items total 8.00%, and rental cars total 11.25%. [76]
The following projections are based on estimates provided by the City of Phoenix and Thomas J. Klutznick Company. Municipal Tax Revenues. $1 billion to the City of Phoenix over the life of CityNorth; $22 million average annually during years 1 to 10; Construction Sales Tax. City - $21,200,000; State - $57,300,000; Jobs Created. 16,000 during ...
Valley Metro Rail. Valley Metro Rail (styled as METRO) is a 29.8-mile (48 km) [3] light rail system serving the cities of Phoenix, Tempe, and Mesa in Arizona, USA. The network, which is part of the Valley Metro public transit system, began operations on December 27, 2008. In 2023, the system had a ridership of 10,797,600, or about 31,200 per ...
Phoenix (/ ˈ f iː n ɪ k s / ⓘ FEE-niks [8] [9]) is the capital and most populous city of the U.S. state of Arizona, with 1,662,607 residents as of 2024.It is the fifth-most populous city in the United States and the most populous state capital in the country.