Phoenix, AZ — income, home value, property tax, and sales tax.
In ZIP code 85281, near Phoenix, homes carry a median value of $381,000 while households earn a median of $64,538, or $34,117 per person. Maricopa County's 0.44% effective property tax rate works out to roughly $1,676 annually on a median-valued home — a figure that stays contained against local earnings largely because that rate is low. Sales taxes add 8.10% at checkout, a cost households absorb on everyday purchases regardless of whether they own or rent. Together these figures sketch a market where ownership hinges more on purchase price and mortgage costs than on the annual tax bill itself.
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