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Parks

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

Median Home$479,700
Median Rent$1,464/month
Population1,498
Leading IndustriesInformation & Media · Finance & Insurance · Manufacturing10% information & media
Home Value Growth+8.0% over 2 years
Young Adults24% of residents
Homeowners94% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableHigh Incomes$92k/year · top 23% nationally
Parks
AZ

Frequently Asked Questions

What are today's mortgage rates in Parks?

As of today, the 30-year fixed mortgage rate for Parks is approximately 6.989% (7.031% 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 Parks?

The median home value in Parks is $480k. The median monthly rent is $1,464. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Parks?

Home values in Parks have increased 8.0% 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 Parks?

Based on a typical all-in ownership cost of $912/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 Parks is $92k/year.

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What industries drive the economy in Parks?

The largest employment sectors in Parks are public administration (20%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.