Phoenix, AZ — income, home value, property tax, and sales tax.
In ZIP code 85329, near Phoenix, homes carry a median value of $240,000 while the county's effective property tax rate sits at 0.44%. That rate translates to roughly $1,056 in annual property taxes on a median-valued home. Households here earn a median of $36,399, with per-capita income at $18,818, so that tax bill equals about 2.9% of median household earnings. A 6.30% combined sales tax rate adds further cost to everyday purchases. The gap between local incomes and home prices shapes how much buyers here can absorb.
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