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Peridot

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

Median Home$41,751
Median Rent$586/month
Population1,299
Leading IndustriesWholesale Trade · Manufacturing · Agriculture & Mining17% wholesale trade
Home Value Growth+10.3% over 2 years
Family-Friendly33% of residentstop 2% nationally
Homeowners62% of occupied units
NotableAffordable Market$42k median home · lower cost than 100% of the country
Peridot
AZ

Frequently Asked Questions

What are today's mortgage rates in Peridot?

As of today, the 30-year fixed mortgage rate for Peridot 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 Peridot?

The median home value in Peridot is $42k. The median monthly rent is $586. Annual property taxes average $553. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Peridot?

Home values in Peridot have increased 10.3% 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 Peridot?

Based on a typical all-in ownership cost of $380/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $16k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Peridot is $36k/year.

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What industries drive the economy in Peridot?

The largest employment sectors in Peridot are public administration (25%) and wholesale trade (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.