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Cornfields

Learn about the people, housing, costs and businesses in Cornfields, Arizona

Median Home$34,300
Median Rent$547/month
Population227
Leading IndustriesInformation & Media · Finance & Insurance · Construction12% information & media
Home Value Growth⬆⬆+13.7% over 2 years
Retirees27% of residentsabove average nationally
Homeowners90% of occupied units
NotableAffordable Market$34k median home · lower cost than 100% of the country
Cornfields
AZ

Frequently Asked Questions

What are today's mortgage rates in Cornfields?

As of today, the 30-year fixed mortgage rate for Cornfields is approximately 6.934% (6.971% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Cornfields?

The median home value in Cornfields is $34k. The median monthly rent is $547. Annual property taxes average $199. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cornfields?

Home values in Cornfields have increased 13.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Cornfields?

Based on a typical all-in ownership cost of $216/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $9k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cornfields is $26k/year.

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What industries drive the economy in Cornfields?

The largest employment sectors in Cornfields are public administration (27%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.