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Phoenix has a population of approximately 1,591,119 and experiences a population change rate of 20.44%. The population density is 3,073.6 / sq mi .
The median household income for Phoenix is $64,927, with 579,876 households and an average household size of 2.71.
The median value of a home in Phoenix is $413,000 with an appreciation rate of 21.80%. 52.06% of housing in the state is owned while 40.81% is rented.
The cost of living in Phoenix is 113.4 %.
The unemployment rate in Phoenix is 2.90%, and recent job growth is at 1.96%. Future job growth is projected at 49.05%.
The sales tax rate in Phoenix is 8.60%, while the income tax rate is 4.17% .
School expenditures in Phoenix are $10,564, and the school ratio is 18.2:1.
The average high temperature in July is 104.5 degrees, with an average low temperature in January of 43.2 degrees. The average rainfall is approximately 9.2 inches per year, with 0 inches of snow per year.
