Phoenix, AZ — income, home value, property tax, and sales tax.
Households in ZIP code 85207, on Phoenix's northeast edge, earn a median of $108,699, with per-capita income at $58,000 — placing the area solidly above middle-income and into affluent territory. Median home values reach $505,000, and the county's 0.44% effective property tax rate keeps annual bills lower than many metros charge. Add an 8.30% combined sales tax on purchases, and the overall tax picture leans on consumption rather than property. High earnings paired with a low rate on expensive homes mean owners here keep more of what they make, even as everyday spending carries the heavier share.
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