Phoenix, AZ — income, home value, property tax, and sales tax.
In ZIP 85297, near Phoenix, homes carry a median value of $600,600 while households earn a median of $130,755, or $48,737 per person. Maricopa County's 0.44% effective property tax rate works out to roughly $2,643 a year on that median home — a figure that stays contained against the area's earnings. Combined sales tax reaches 8.30%, so day-to-day purchases cost more, but the property tax side leaves room in most budgets. High home values and high incomes move together here, which keeps ownership within reach for those already earning at this level.
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