Phoenix (zip 85040), Arizona 

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Population

32,526

+10.8% since 2020

Unemployment Rate

6.6%

Median Income

$30,664

Median Home Price

$308,100

Median Age

28.5

Comfort Index (Climate)

4.1 / 8.8

summer / winter


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Best Places to Live in Phoenix (zip 85040), Arizona

Regional center / Capital city - South-central Arizona in a low desert valley.
Zip Codes: Phoenix (zip 85040)
Cost of Living: -2.5% lower
Time zone: Mountain Standard Time (no daylight savings time)
Elevation: 1107 ft above sea level

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Phoenix, Az Housing Market
Least Expensive HomesHomes Over 2,000 Sq. Ft.
Most Expensive HomesHomes less than 10 yrs old
All Single Family Homes
Pros
Pleasant winters
Entertainment
Air service
Cons
Intense summer heat
Growth and sprawl
Rapidly rising home prices

What Bert Has To Say About Phoenix-Mesa-Scottsdale Metro Area

Originally a resort city, Phoenix has grown phenomenally in the past 40 years into a full-scale urban center- largely made possible by the advent of air-conditioning. The Phoenix metropolitan area covers over 1,000 square miles. Downtown, which is fairly modest for a city its size, features a few skyscrapers, the capitol, government offices, and a few quality museums. Surrounding downtown are several large and fairly distinct city-suburbs, mostly built on a sprawling grid, in some cases separated by low hills. These include the large middle-class suburbs of Peoria, Mesa, Chandler, and Glendale; upscale Scottsdale; and the college area of Tempe which serves as home to Arizona State University. All areas are modern and generally lacking in historic interest, but keep in mind that Phoenix only had 100,000 residents in 1950.


Highlights

ECONOMY
The unemployment rate in Phoenix (zip 85040) is 6.6% (U.S. avg. is 6.0%). Recent job growth is Positive. Phoenix (zip 85040) jobs have increased by 3.3%. More Economy

COST OF LIVING
Compared to the rest of the country, Phoenix (zip 85040)'s cost of living is 2.5% lower than the U.S. average. More Cost of Living or Compare Phoenix (zip 85040)'s Cost of Living

WEATHER & CLIMATE
April, March and November are the most pleasant months in the 85040 zip code, while July and August are the least comfortable months. Today's Weather | Climate Averages

VOTING
In the last Presidential election, Maricopa county flipped narrowly Democratic, 50.1% to 48.0%. More Voting Stats

POPULATION
Phoenix (zip 85040)'s population is 32,526 people. Since 2020, it has had a population growth of 10.8%. Learn More...

TRANSPORTATION
Average Commute time is 23.1 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Phoenix (zip 85040) is Real Estate: $308,100. Home appreciation the last 10 years has been 10.7%.

SCHOOLS
Phoenix (zip 85040) public schools spend $11,368 per student. The average school expenditure in the U.S. is $12,383. There are about 20.1 students per teacher in Phoenix (zip 85040). More Education



Best Places to Live in Phoenix Rankings


Housing Market in Phoenix

It's a good time to buy in Phoenix. Home Appreciation is up 10.7% in the last 12 months.
The median home price in Phoenix is $308,100.
Real Estate: See Homes

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MAPS OF PHOENIX (ZIP 85040), ARIZONA
Phoenix,Arizona County Map
ZIP CODES IN PHOENIX (ZIP 85040), ARIZONA
Phoenix (zip 85040)

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