Phoenix, AZ — income, home value, property tax, and sales tax.
In ZIP code 85337, near Phoenix, homes are valued at a median of $116,500, and the county's 0.44% effective property tax rate works out to roughly $513 a year on such a home. Households here earn a median of $55,365, with per-capita income at $34,283, so that tax bill takes up under one percent of typical annual earnings. A 6.30% combined sales tax applies to purchases. Lower home values paired with a low rate keep ownership costs within reach for many working households in this area.
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