While certain career paths, like software programming and graphic design, sometimes allowed employees to work remotely before the COVID-19 pandemic, the spread of the virus was the catalyst that truly changed the American workforce for the long term.
As companies in almost every industry closed their physical offices during quarantine, owners and executives were forced to reevaluate their policies. Many businesses ulitmately realized that their employees were more productive – and they saved a lot of money on overhead expenses – as fully remote operations.
In fact, Fortune shared earlier this year that work from home culture is expected to cause the value of office buildings in previously sought-after urban locations like New York City and Chicago to plummet by nearly $500 billion by 2029.
All of this begs the question, if you work from home, where should you live?
For some workers, the answer to this question is simple – they have to live in a certain area due to family members providing childcare or other obligtations. For others, though, working remotely can mean the chance to start over somewhere completely different.
According to a new report, Arizona just might be the best bet for remote office workers in the United States. Four of the top 10 cities are in the Grand Canyon State, which boasts warm weather year-round, a relatively low cost of living, and all sorts of activities for outdoor enthusiasts.
The full list of the top 10 cities for remote employees is:
One of the biggest reasons for Arizona’s strong showing are the state’s tax regulations. The report notes that an employee earning $75,000 annually will pay less than 23% in state and federal taxes.
Additionally, compared to other states nationwide, Arizona is home to a high percentage of homes with two or more bedrooms and bathrooms. This makes it an appealing location for young families and for those who want dedicated home offices.
What do you think? Is Arizona the most friendly state in the nation for remote workers?
About Martinez & Shanken, PLLC
Martinez & Shanken, PLLC is a Certified Public Accountant (CPA) firm based in Gilbert, Arizona. We provide a full range of accounting, bookkeeping, consulting, outsourcing and business services. Partners Deborah Martinez and Earl Shanken work to ensure your business accounting is done with integrity and to your satisfaction.
