Interested in purchasing investment houses in the 85003 zip code in Phoenix, AZ?
The zip code 85003 is in Maricopa county with a latitude of -112.078360000000 and longitude of 33.450760000000, is in the state of Arizona. The average asking price of houses and condos is $295,356.00 and the average sale price was $189,925.00. this regions is classified as the Phoenix metro area and is in the 602 area code. The location in degrees is 33° 27' 2.736" N, 112° 4' 42.096" W. The county F.I.P.S. is 04013. The total land area is 1.9 square miles and the water area is 0.0 square miles. The zip code is on mountain standard time and observes daylight savings time.
The zip 85003 is in county number 013 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 8,591 in 2019 and 9,369 in 2010. This further breaks down to 4,764 males (55.5%) and 3,827 females (44.5%). The median age of residents is 39.3 years. The population of the greater Phoenix-Mesa-Scottsdale, AZ area is 4,441,244. The population density (people per square mile) is 4,640. This zip code has a combined total of 5,009 houses and condos. There are 2,525 rented appartments. 61% of residents rent versus the 61% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $61,090 and the average salary is $54,788. The median household income of individuals is $26,893.00 and the average is $87,020.00. This zip code has a mean commute time to work of 20.0 minutes. The unemployment rate is 2.8%. Income earners by percent breakdown as 70.70% (Under $50,000), 16.80% ($50,000-$100,000), and 12.50% earn over $100,000. 17.9% of residents live below poverty line versus the 13.5% in the state that are below this line. The cost of living index is 99.4. The educational breakdown is 87.0% have a high school education or higher, 46.8% have a bachelor's degree or higher, and 18.9% have some kind of profesional degree.
This area has 3,900 households and the average size is 1.9 people. Individuals who are single and have never been married are 48.3%, 31.3% are now married, 2.2% are separated, 4.0% are widowed, and 14.1% are divorced. The average yearly contribution amount given by people to charity was $3,513 versus the state average of $4,114. The percent of residents who gave to charity was 25.2%.
The estimated median value of houses and condos is $382,589. The median monthly owner costs of mortgage holders was $2,108, where as the costs for those who don't have a mortgage are $449. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 3.1.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $2,021. In comparision, the average real estate tax percent rate in the state is 0.6% which equated to an average real estate tax amount payment in the state of $1,578. The median housing property tax percent for residents with mortgages was 0.5% which amounted to an average tax amount of $2,326. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $1,054. Reported taxable interest for persons was $967, dividends $6,258, capital gains +$6,569, and itemized deductions $21,543. The average earned income tax credit is $2,330. The percent of individuals that use a tax preparer is 48.4%. The total average income taxes paid by individuals was $6,440. Businesses reported an average profit of $14,788.
The Breadfruit & Rum Bar
108 E Pierce St, Phoenix, AZ 85004 (0.6 miles away)
Stockyards Restaurant
5009 E Washington St Ste 115, Phoenix, AZ 85034 (2.1 miles away)
Pete's Fish & Chips
3920 S Central Ave, Phoenix, AZ 85040 (4.3 miles away)
Schreiner's Fine Sausage
3601 N 7th St, Phoenix, AZ 85014 (4.3 miles away)
T-Bone Steak House
10037 S 19th Ave, Phoenix, AZ 85041 (4.4 miles away)
Ruth's Chris Steak House
2201 E Camelback Rd Ste 106A, Phoenix, AZ 85016 (4.4 miles away)