Phoenix, AZ
1,642,323Residents
$81,332Median household income
$1,582/moMedian gross rent
$420,700Median home value
34.9Median age
34%Adults with a bachelor’s degree or higher
57%Homes lived in by their owners
5.2×Home value to household income
Median rent takes about 23% of the median household income in Phoenix.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $63,000 a year. In Arizona that leaves roughly $4,269 a month after tax. See the full paycheck breakdown for $65,000.
Largest places in Arizona
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.