Phoenix, AZ — income, home value, property tax, and sales tax.
In ZIP 85006, part of Phoenix, households earn a median of $58,248, while per-capita income sits at $33,876. A median home value of $408,100 carries an effective county property tax rate of 0.44%, a fairly light annual hit on ownership costs. Sales taxes, though, combine to 9.10%, so everyday purchases take a noticeable bite out of paychecks. With earnings at this level, housing and daily spending together shape the budget more than property taxes do, and residents here likely watch discretionary purchases closely given that combined rate.
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