Phoenix is a sprawling metropolis that pulses with an energy all its own, drawing in newcomers with its promise of sunshine, affordability, and a vibrant lifestyle. Forget the national average walk score of 50; here, you'll find a pedestrian paradise in many areas with a Walk Score of 97. The cost of living is a major draw, too. While the median home value hovers around $330,000—a steal compared to many other major cities—you'll also find a relatively low median rent of $2,182. The city offers a unique blend of urban excitement and accessible outdoor recreation, all wrapped in a package that's significantly more affordable than the national average.
From an investment standpoint, Phoenix offers a compelling opportunity. With a low unemployment rate of 3.5% and a solid Affordability Index of 82, the job market is robust, and the city is attracting a diverse population. While the homeownership rate sits at 19%, the rental market is thriving. Though property crime is a concern, violent crime rates are moderate at 4.8 per 1,000 residents. Phoenix is ideally suited for young professionals, families, and retirees, all seeking a dynamic urban environment without the hefty price tag.
Beyond the financial advantages, Phoenix boasts a unique environment. The air quality is moderate, with an AQI of 54, offering clear skies for most of the year. The noise levels are generally quiet, allowing for a peaceful urban experience. With an average electricity rate of 12.0¢/kWh, you can enjoy the famous Arizona sunshine while keeping your energy bills manageable. The city's transit score of 65 and bike score of 57 make it easy to explore the city without relying solely on a car.
Median Home Value
$330,000
Median Income
$57,459
Population
1,608,139
Walk Score
97
Air Quality
AQI 54
Moderate
Climate Risk
Relatively High
- Population
- 1,608,139
- Median Age
- N/A
- Median Household Income
- $57,459
- Bachelor's Degree+
- N/A
- Poverty Rate
- N/A
- Median Home Value
- $330,000
- Median Rent
- $2,182
- Homeownership Rate
- 19.0%
- Affordability Index
- 82
- Violent Crime Rate
- 4.8 per 1K
- Property Crime Rate
- 28.2 per 1K
- AQI
- 54
- Category
- Moderate
- Overall Risk
- Relatively High
- Risk Score
- 93.7
Top Hazards
- Overall
- Quiet
- Road Traffic
- 0 dBA
- Aviation
- 0 dBA
- Rail
- 0 dBA
- Electricity Rate
- 12.0¢/kWh
- Est. Monthly Electric
- $108
- Unemployment Rate
- 3.5%
- Poverty Rate
- N/A
Weather & Climate in Phoenix
Avg High
87°F
Avg Low
62°F
Annual Rainfall
13.6"
Avg Humidity
33%
Political Landscape
→ Politically stable
Based on Maricopa County county-level presidential election data
Culture & Things to Do in Phoenix
Phoenix Film Festival
Annual film festival showcasing independent films.
Arizona State Fair
A multi-day event with rides, food, and entertainment.
Waste Management Phoenix Open
A PGA Tour golf tournament known for its lively atmosphere.
Scottsdale Arts Festival
An annual arts festival featuring visual and performing arts.
Neighborhoods in Phoenix
Camelback East
Phoenix, AZ
Arcadia
Phoenix, AZ
Desert Ridge
Phoenix, AZ
Downtown Phoenix
Phoenix, AZ
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