Phoenix, AZ — income, home value, property tax, and sales tax.
In ZIP 85032, part of Phoenix, households earn a median of $78,643, or $43,139 per person. A median home is valued at $416,800, and the county-level property tax rate of 0.44% works out to roughly $1,834 a year on that amount. Sales tax adds up to 9.10% on purchases, a cost that hits every transaction regardless of homeownership. Together, the two taxes draw on income in different ways: one tied to property, the other to everyday spending.
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