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Parker

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

Median Home$299,457
Median Rent$964/month
Population3,392
Leading IndustriesEducation · Arts, Food & Hospitality · Professional Services4% education
Home Value Growth⬆⬆⬆+30.6% over 2 years
Young Adults33% of residentswell above average
Homeowners61% of occupied units
Parker
AZ

Frequently Asked Questions

What are today's mortgage rates in Parker?

As of today, the 30-year fixed mortgage rate for Parker is approximately 6.812% (6.845% 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 Parker?

The median home value in Parker is $299k. The median monthly rent is $964. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Parker?

Home values in Parker have increased 30.6% 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 Parker?

Based on a typical all-in ownership cost of $955/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Parker is $66k/year.

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What industries drive the economy in Parker?

The largest employment sectors in Parker are public administration (22%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.