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Phoenix, Arizona Mortgage and Housing Information
Population: 1,321,045
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Value of Houses and Condos
| U.S. | Arizona | Phoenix | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $236,500 | $244,200 |
Monthly Owner Costs
| U.S. | Arizona | Phoenix | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,359 | $1,390 |
| Without a mortgage | $399 | $321 | $377 |
Ownership of Houses and Condos
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 54,823 | 18.8% |
| First Mortgage Only | 173,375 | 59.6% |
| Second Mortgage and/or Home Equity Loan | 62,853 | 21.6% |
| Total | 291,051 | 100% |
Tenancy in Phoenix
| Owner-occupied homes | 291,051 |
|---|---|
| Renter-occupied homes | 189,459 |
| Homes for sale | 9,589 |
| Homes for rent | 20,433 |
| Total | 540,082 |
Age of Phoenix Residents
| Males | 30 |
|---|---|
| Females | 31 |
Income
| U.S. | Arizona | Phoenix | |
|---|---|---|---|
| Median Earnings | $27,239 | $27,283 | $27,735 |
| Median Earnings, Males | $32,396 | $31,457 | $30,098 |
| Median Earnings, Females | $22,097 | $22,781 | $25,048 |
Males earn $5,050 (20.2%) more than Females in Phoenix.
Commuting in Phoenix
| Means of Transport | Number of People |
|---|---|
| Car, solo | 429,616 |
| Carpooled | 104,339 |
| Public Transit | 19,564 |
| Bicycle | 5,146 |
| Walking | 12,998 |
| Other Means | 7,993 |
| Total, Commuted | 579,656 |
| Worked from home | 19,936 |
| Total | 599,592 |
Time Spent Commuting in Phoenix
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 10,845 |
| 5-9 | 46,489 |
| 10-14 | 73,375 |
| 15-19 | 88,162 |
| 20-24 | 94,426 |
| 25-29 | 40,082 |
| 30-34 | 103,068 |
| 35-39 | 17,994 |
| 40-44 | 24,309 |
| 45-59 | 45,776 |
| 60-89 | 23,728 |
| Over 90 | 11,402 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 86,918 | 19.4% | 92,338 | 20.6% |
| Associate Degree | 29,795 | 6.7% | 34,011 | 7.6% |
| Bachelor's Degree | 70,890 | 15.8% | 68,160 | 15.2% |
| Master's Degree | 24,770 | 5.5% | 27,819 | 6.2% |
| Professional Degree | 9,086 | 2.0% | 7,141 | 1.6% |
| Doctorate Degree | 4,340 | 1.0% | 3,199 | 0.7% |
| Total (at least some college) | 225,799 | 50.4% | 232,668 | 53.6% |
| Total over 25 | 447,881 | 100% | 434,041 | 100% |
Comments on Phoenix
Latest comment on Phoenix
July 25th, 2008
In the summer it’s common for the temperature to reach over 100 degrees!
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July 25th, 2008
In the summer it’s common for the temperature to reach over 100 degrees!
– John
July 23rd, 2008
Phoenix has grown explosively in recent decades, although it’s hard to find anyone who can say anything nice about the city. Temperatures about 110 are common in the summer. I will say they have a very nice airport.
– Dan
July 23rd, 2008
Hot and dry, kind of a commuter city. I remember the city being pretty empty at night during a weekday
– Unregistered User