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Picacho Elementary District

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

Median Home$712,611
Median Rent$2,154/month
Population57,063
Leading IndustriesTransportation · Finance & Insurance · Information & Media3% transportation
Home Value Growth⬆⬆+17.7% over 2 years
Young Adults29% of residentsslightly above average
Renters53% of occupied units
Picacho 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 Picacho Elementary District?

As of today, the 30-year fixed mortgage rate for Picacho Elementary District is approximately 6.809% (6.842% 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 Picacho Elementary District?

The median home value in Picacho Elementary District is $713k. The median monthly rent is $2,154. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Picacho Elementary District?

Home values in Picacho Elementary District have increased 17.7% 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 Picacho Elementary District?

Based on a typical all-in ownership cost of $2,036/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $87k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Picacho Elementary District is $100k/year.

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What industries drive the economy in Picacho Elementary District?

The largest employment sectors in Picacho Elementary District are public administration (25%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.