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ZipNumbers

Arizona · Census place 55000

Phoenix city, AZ

Quick answer

Phoenix city has 1,624,832 residents, ranking #1 of 467 places in Arizona. Median household income is $77,041, the median home is worth $381,900 and median gross rent runs $1,458 a month.

Population
1,624,832Phoenix city residents
Median household income
$77,041Past 12 months, inflation adjusted
Median home value
$381,900Owner-occupied units
Median gross rent
$1,458Rent plus utilities, monthly
Median age
34.8 yrsAll residents
Homeownership rate
57.1%Owner-occupied households

What the numbers mean in Phoenix city

Housing cost measured against local earnings.

A household earning the Phoenix city median would spend about 22.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 5.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.3% of residents and 57.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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