Phoenix, AZ — income, home value, property tax, and sales tax.
In ZIP 85016, part of Phoenix, households earn a median of $87,850, with per-capita income at $70,139. Homes here carry a median value of $564,900, and the county property tax rate of 0.44% applies to that figure. Sales tax across the area totals 9.10%, a rate shoppers encounter on most purchases. Together, these figures sketch a local economy where incomes run well above many parts of the metro, though housing costs are steep enough that property taxes still add up. The sales tax rate, meanwhile, shapes day-to-day spending on goods and services throughout the ZIP.
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