ZIP Code 85040

In ZIP 85040, part of the Phoenix area, households earn a median of $60,727, or $25,719 per person. A median-valued home here costs $329,800, and the county's 0.44% effective property tax rate translates to a comparatively small annual bill on that amount. Sales tax, however, runs 9.10% combined, so everyday purchases carry a noticeable premium. Together, these figures sketch a place where buying a home may strain less than daily spending does, since income sits below the home price while the sales tax applies to nearly everything bought locally.