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Flowing Wells

Learn about the people, housing, costs and businesses in Flowing Wells, Arizona

Median Home$83,205
Median Rent$1,065/month
Population16,320
Leading IndustriesEducation · Healthcare · Wholesale Trade4% education
Home Value Growth⬆⬆⬆+41.9% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners70% of occupied units
NotableAmenity Score69/100 · highly walkable area
Flowing Wells
AZ

Frequently Asked Questions

What are today's mortgage rates in Flowing Wells?

As of today, the 30-year fixed mortgage rate for Flowing Wells is approximately 7.055% (7.096% 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 Flowing Wells?

The median home value in Flowing Wells is $83k. The median monthly rent is $1,065. Annual property taxes average $836. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Flowing Wells?

Home values in Flowing Wells have increased 41.9% 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 Flowing Wells?

Based on a typical all-in ownership cost of $907/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Flowing Wells is $44k/year.

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What industries drive the economy in Flowing Wells?

The largest employment sectors in Flowing Wells are healthcare (18%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.