Phoenix, AZ — income, home value, property tax, and sales tax.
In ZIP 85373, on Phoenix's northern edge, homes carry a median value of $348,500 while the county's effective property tax rate sits at 0.44%, yielding an annual bill of roughly $1,530. Against a median household income of $72,063, that equals about 2% of yearly earnings — a light load by national standards. Per-capita income reaches $41,278. The combined sales tax rate of 9.30% does add cost to everyday purchases, yet the property tax side leaves breathing room in monthly budgets, helping buyers absorb the area's home prices without straining.
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