Phoenix, AZ — income, home value, property tax, and sales tax.
In ZIP code 85050, near Phoenix, households earn a median of $139,836, with per-capita income at $69,548. Homes here are valued at a median of $618,600, and the county-level property tax rate of 0.44% keeps annual property taxes comparatively contained. A 9.10% combined sales tax applies to purchases in the area. With earnings well above the national median, many households can absorb the sales tax on everyday spending while still directing money toward mortgage payments, savings, or other goals. The gap between income and housing costs shapes day-to-day budgeting here more than either tax rate alone.
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