ZIP code 85040: income, home prices and cost of living

The median household income in ZIP 85040 is $55,771, which is 12% below the Arizona median of $63,102 and 19% below the national figure. The typical home is valued at $240,100, and the median rent is $1,138/month. 46.0% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$55,771

Arizona average
$63,10212%
National
$68,75019%

Median home value

$240,100

Arizona average
$263,9009%
National
$209,60015%

Median gross rent

$1,138

Arizona average
$1,1672%
National
$98416%

Median age

29.4 yrs

Arizona average
38.7 yrs24%
National
41.0 yrs28%

Homeownership rate

46.0%

Arizona average
74.2%38%
National
75.8%39%

Bachelor's degree or higher

8.1%

Arizona average
14.8%45%
National
15.9%49%

How ZIP 85040 compares with Arizona and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Nearby ZIP codes in Arizona

85041850428503785043850448503585045850338503285048

Or compare 85040 with 85041.

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See every local figure on the Arizona money guide.

What people search about ZIP 85040

Searches for the cost of living in 85040, the median household income in 85040, average rent in 85040 and home values in this part of Arizona all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 85040, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.