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Miracle Valley

Learn about the people, housing, costs and businesses in Miracle Valley, Arizona

Median Home$280,700
Population611
Leading IndustriesArts, Food & Hospitality · Education11% arts, food & hospitality
Home Value Growth+1.9% over 2 years
Retirees33% of residentstop 4% nationally
Homeowners96% of occupied units
NotableVeteran Community25% of residents · top 1% nationally
Miracle Valley
AZ

Frequently Asked Questions

What are today's mortgage rates in Miracle Valley?

As of today, the 30-year fixed mortgage rate for Miracle Valley is approximately 6.933% (6.970% 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 Miracle Valley?

The median home value in Miracle Valley is $281k. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Miracle Valley?

Home values in Miracle Valley have increased 1.9% over the past two years. The market has been relatively stable. 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 Miracle Valley?

Based on a typical all-in ownership cost of $1,104/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Miracle Valley is $82k/year.

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What industries drive the economy in Miracle Valley?

The largest employment sectors in Miracle Valley are public administration (22%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.