Phoenix, AZ — income, home value, property tax, and sales tax.
ZIP code 85087, on the northern edge of Phoenix, sits firmly in affluent territory. A median household income of $138,566 and per-capita income of $54,895 both run well above national averages, while a median home value of $552,300 reflects a market of substantial, higher-priced properties. The county-level effective property tax rate of 0.44% keeps annual tax bills low against that expensive housing stock. Sales tax, at a combined 9.10%, is where everyday purchases carry more weight, applying broadly across goods and services regardless of income level.
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