Phoenix, AZ — income, home value, property tax, and sales tax.
In ZIP code 85205, near Phoenix, homes carry a median value of $339,900 while the county-level effective property tax rate sits at 0.44%. That combination yields an annual property tax bill well below what many metro areas charge. Households here earn a median of $73,283, with per-capita income at $43,597, so the tax on a median-valued home equals a slim share of yearly earnings. Sales tax in the area totals 8.30%, a cost that touches daily purchases. Together these figures show a market where ownership stays within reach of local incomes.
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