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Tolleson

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

Median Home$306,400
Median Rent$1,309/month
Population7,668
Leading IndustriesEducation · Information & Media · Finance & Insurance7% education
Home Value Growth+8.9% over 2 years
Family-Friendly29% of residentswell above average
Renters58% of occupied units
Tolleson
AZ

Frequently Asked Questions

What are today's mortgage rates in Tolleson?

As of today, the 30-year fixed mortgage rate for Tolleson is approximately 6.886% (6.922% 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 Tolleson?

The median home value in Tolleson is $306k. The median monthly rent is $1,309. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tolleson?

Home values in Tolleson have increased 8.9% 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 Tolleson?

Based on a typical all-in ownership cost of $1,259/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tolleson is $60k/year.

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What industries drive the economy in Tolleson?

The largest employment sectors in Tolleson are public administration (18%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.