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Mesa

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

Median Home$392,261
Median Rent$1,749/month
Population512,255
Leading IndustriesHealthcare · Education · Arts, Food & Hospitality13% healthcare
Home Value Growth+9.4% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners65% of occupied units
NotableAmenity Score72/100 · highly walkable area
NotableHigh Incomes$87k/year · top 28% nationally
Mesa
AZ

Frequently Asked Questions

What are today's mortgage rates in Mesa?

As of today, the 30-year fixed mortgage rate for Mesa is approximately 6.893% (6.929% 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 Mesa?

The median home value in Mesa is $392k. The median monthly rent is $1,749. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mesa?

Home values in Mesa have increased 9.4% over the past two years. This represents moderate growth. 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 Mesa?

Based on a typical all-in ownership cost of $1,505/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mesa is $87k/year.

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What industries drive the economy in Mesa?

The largest employment sectors in Mesa are public administration (21%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.