Phoenix, AZ — income, home value, property tax, and sales tax.
In ZIP 85021, on Phoenix's north side, homes carry a median value of $470,400, yet the county-level effective property tax rate sits at just 0.44%. That combination yields an annual tax bill far below what the price tag might imply. Households here earn a median of $59,768, with per-capita income at $38,713, so owning property in this range demands substantial income or equity. Sales taxes reach 9.10% on purchases. The gap between home prices and local earnings shapes who can buy here, while the low rate keeps ongoing ownership costs from climbing as steeply as values have.
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