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AREA INFORMATION

85040 (Phoenix, AZ)

Explore the real estate in 85040 (Phoenix, AZ)

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Area Highlights

85040 (Phoenix, AZ) residents have a median age of 31.3 years old, with employment highest in the administrative support and construction industries.

35,738 Population

The population has increased by 3% since the year 2010.

11,544 Households

$48,491 /yr
Median Household Income

$330,000
Median Home Sale Price

25m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

31.3 Median Age

Average Household Size

3.1
persons per
household

31.3%

Married Households

Community Population By Education

High School Graduate 35%
Some High School 27%
Some College 19%
Bachelors Degree 7%
Associates Degree 7%
Graduate Degree 5%

Household Family Expenses vs National Average

43.3% of households have children

Economics

$48,491 /yr
Median Household Income
$330,000
Median Sales Price
25 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 89%
  • Work from Home 6%
  • Walk or Bike 3%
  • Public Transit 3%

Occupancy by Type

Rented 6,219 50%
Owned 5,325 43%
Vacant 895 7%

White vs Blue Collar Jobs







White Collar 58%
Blue Collar 42%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

Community Population By Ethnicity

Hispanic 62%
Other 34%
White 21%
Black 18%
Native American 4%
Asian 3%

Crime & Pollution

Crime vs National Average

Pollution vs National Average

Weather

105° July
Hottest Average Month
38° January
Coldest Average Month

Severe Weather

Average Temperature by Month

Low (°F)
High (°F)
Jan
38°
66°
Feb
41°
71°
Mar
46°
76°
Apr
52°
85°
May
60°
93°
Jun
68°
103°
Jul
76°
105°
Aug
75°
103°
Sep
68°
99°
Oct
56°
88°
Nov
45°
75°
Dec
38°
67°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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