Phoenix, AZ — income, home value, property tax, and sales tax.
Households in ZIP code 85295, part of the Phoenix area, earn a median of $118,467, placing the area well above middle-income territory and closer to affluent. Per-capita income reaches $52,568, and homes typically value at $579,500. Property taxes run at an effective 0.44% county rate, a comparatively gentle figure given those home prices. Sales tax, at 8.30% combined, applies to everyday purchases and adds a steady cost on top of the property tax bill. Together these figures describe a prosperous community where high earnings and valuable housing coexist with a tax load weighted more toward consumption than ownership.
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