Omaha Mortgage Calculator for Phoenix, Arizona (85002)

Free omaha mortgage calculator for residents of Phoenix, Arizona. Calculate your monthly mortgage payment in Omaha, NE. Includes Nebraska property tax and insurance rates so you know your true housing cost.

MEDIAN HOUSEHOLD INCOME
$62,129
per year in Phoenix
MEDIAN HOME VALUE
$298,071
in Phoenix, AZ
HOUSING AFFORDABILITY: MODERATELY AFFORDABLE

Home prices require a significant portion of household income in this area.

Local Context for Phoenix, Arizona

In Phoenix, Arizona (Maricopa County, ZIP area), the median household income is $62,129 per year and the median home value is $298,071. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Phoenix, Arizona (ZIP 85002)

City Phoenix, Arizona
County Maricopa County
ZIP Code 85002
State Arizona
Time Zone Phoenix
Median Household Income $62,129/year
Median Home Value $298,071

Housing & Cost of Living — Phoenix, Arizona

Affordability Tier Moderately Expensive
Price-to-Income Ratio 4.8x
Est. Monthly Mortgage (20% down, 6.65%) $1,531/mo
Mortgage as % of Monthly Income 29.6%
Income vs. National Median near the national median
Income Tier Lower-Middle Income
Home Value vs. National Median near the national median
Housing Market Tier Affordable Market
Cost of Living Index 100 (Near National Average)

With a price-to-income ratio of 4.8x — above the national average of 4.1x — buyers in this area need to stretch further relative to their income.

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