Phoenix, AZ
Population 1,624,832 · Arizona
About Phoenix, AZ
Phoenix is a major city in Arizona with a population of 1,624,832 residents. The median household income is $77,041 per year, which is above the national average. The median age in Phoenix is 34.8 years.
Housing in Phoenix has a median home value of $381,900 and median monthly rent of $1,458. Of the 642,867 total housing units, the majority are owner-occupied, with 343,369 owner-occupied and 258,028 renter-occupied units.
The unemployment rate in Phoenix is 5.1% and the poverty rate is 14.3%. 32.3% of residents hold a bachelor's degree or higher. The average commute time is 25.7 minutes.
How Phoenix Ranks in Arizona
Cost of Living in Phoenix, AZ
Compared to national averages, Phoenix has a median household income of $77,041 (3% above the national median of $75,149). Home values average $381,900, which is 56% above the national median. Monthly rent at $1,458 is 25% above the US average of $1,163. Within Arizona, Phoenix's income is 24% above the state average of $62,086, and home values are 61% above the state median of $237,048.
Why Live in Phoenix, AZ?
Phoenix offers a strong local economy with a median household income of $77,041, well above the national average.
Potential considerations include a competitive housing market where the typical home costs $381,900. However, as a major city, Phoenix provides access to a wide range of amenities and services.
Phoenix has a population of 1,624,832 with a median age of 34.8 years. Compare Phoenix with other cities to see how it stacks up, or explore all cities in Arizona.
Similar Cities Near Phoenix
Cities in Arizona with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tucson | 543,348 | $54,546 | $242,200 | Compare |
| Mesa | 507,478 | $78,779 | $364,300 | Compare |
| Chandler | 278,123 | $103,691 | $469,800 | Compare |
| Gilbert | 271,118 | $121,351 | $518,600 | Compare |
| Glendale | 250,193 | $70,139 | $347,000 | Compare |
| Scottsdale | 242,169 | $107,372 | $709,900 | Compare |
| Peoria | 194,338 | $93,403 | $429,400 | Compare |
| Tempe | 186,419 | $77,643 | $421,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arizona
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Phoenix With Other Cities
Frequently Asked Questions about Phoenix
What is the population of Phoenix, AZ?
The population of Phoenix, AZ is 1,624,832 according to the latest Census data.
What is the median household income in Phoenix?
The median household income in Phoenix, AZ is $77,041 per year.
What is the median home value in Phoenix?
The median home value in Phoenix, AZ is $381,900.
What is the average rent in Phoenix?
The median monthly rent in Phoenix, AZ is $1,458.
What is the unemployment rate in Phoenix?
The unemployment rate in Phoenix, AZ is 5.1%.