Phoenix, AZ — income, home value, property tax, and sales tax.
Households in ZIP code 85086, near Phoenix, bring in a median of $121,676 a year, while per-capita income sits at $58,044. With home values averaging $598,900 and the county's effective property tax rate at 0.44%, property taxes run lighter than many metros charge. Sales tax, though, adds up quickly at a combined 9.10% on purchases, so everyday spending eats into earnings faster than the tax bill on a home does. The gap between the two rates shapes how far a paycheck stretches in this part of the Phoenix area.
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