Phoenix, AZ — income, home value, property tax, and sales tax.
In ZIP 85254, near Phoenix, households earn a median of $123,203, while per-capita income reaches $73,615. A median home value of $785,700 pairs with a county effective property tax rate of just 0.44%, so annual property taxes stay low even on a higher-priced home. Combined with an 8.00% sales tax rate on purchases, the earnings picture leaves many households with room to cover housing, taxes, and everyday spending while still saving. The gap between median household and per-capita income also hints at varied household sizes and earning arrangements across the area.
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