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Phoenix Elementary District

Learn about the people, housing, costs and businesses in Phoenix Elementary District, Arizona

Median Home$391,064
Median Rent$1,403/month
Population59,317
Leading IndustriesHealthcare · Wholesale Trade · Professional Services14% healthcare
Home Value Growth⬆⬆+13.6% over 2 years
Young Adults33% of residentswell above average
Renters66% of occupied units
Phoenix Elementary District
AZ

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Phoenix Elementary District?

As of today, the 30-year fixed mortgage rate for Phoenix Elementary District is approximately 6.855% (6.890% 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 Phoenix Elementary District?

The median home value in Phoenix Elementary District is $391k. The median monthly rent is $1,403. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Phoenix Elementary District?

Home values in Phoenix Elementary District have increased 13.6% 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 Phoenix Elementary District?

Based on a typical all-in ownership cost of $1,341/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Phoenix Elementary District is $61k/year.

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What industries drive the economy in Phoenix Elementary District?

The largest employment sectors in Phoenix Elementary District are public administration (20%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.