Phoenix, AZ — income, home value, property tax, and sales tax.
In ZIP 85037, near Phoenix, homes carry a median value of $330,200, while households earn a median of $84,016. The county's 0.44% effective property tax rate works out to a comparatively gentle annual bill on that value, though per-capita income sits at $29,263, meaning the tax still draws on limited individual earnings. Adding a 9.10% combined sales tax raises the overall cost of living. Buyers weighing a purchase here should consider how the property tax, sales tax, and local wages together shape what a household can truly afford over time.
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