Interested in purchasing investment houses in the 85031 zip code in Phoenix, AZ?
The zip code 85031 is in Maricopa county with a latitude of -112.168330000000 and longitude of 33.494920000000, is in the state of Arizona. The average asking price of houses and condos is $65,416.00 and the average sale price was $40,825.00. this regions is classified as the Phoenix metro area and is in the 623 area code. The location in degrees is 33° 29' 41.712" N, 112° 10' 5.988" W. The county F.I.P.S. is 04013. This zip code contains two cities including Phoenix, AZ (99.78%), and Glendale, AZ (0.17%) The total land area is 4.1 square miles and the water area is 0.0 square miles. The elevation in this area is 1047 - 1089 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 85031 is in county number 013 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 34,255 in 2019 and 30,493 in 2010. This further breaks down to 17,455 males (51.0%) and 16,799 females (49.0%). The median age of residents is 28.6 years. The population of the greater Phoenix-Mesa-Scottsdale, AZ area is 4,441,244. The population density (people per square mile) is 8,450. This zip code has a combined total of 9,084 houses and condos. There are 3,625 rented appartments. 45% of residents rent versus the 45% 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 $25,096 and the average salary is $24,408. The median household income of individuals is $42,883.00 and the average is $31,150.00. This zip code has a mean commute time to work of 31.2 minutes. The unemployment rate is 5.3%. Income earners by percent breakdown as 58.80% (Under $50,000), 32.20% ($50,000-$100,000), and 9.00% earn over $100,000. 30.0% of residents live below poverty line versus the 13.5% in the state that are below this line. The cost of living index is 94.1. The educational breakdown is 54.6% have a high school education or higher, 4.4% have a bachelor's degree or higher, and 1.1% have some kind of profesional degree.
This area has 7,612 households and the average size is 4.2 people. Individuals who are single and have never been married are 45.2%, 38.0% are now married, 2.4% are separated, 3.6% are widowed, and 10.8% are divorced. The average yearly contribution amount given by people to charity was $2,500 versus the state average of $4,114. The percent of residents who gave to charity was 4.6%.
The estimated median value of houses and condos is $160,444. The median monthly owner costs of mortgage holders was $1,142, where as the costs for those who don't have a mortgage are $381. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $838. 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 $875. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $791. Reported taxable interest for persons was $388, dividends $1,330, and itemized deductions $17,273. The average earned income tax credit is $3,055. The percent of individuals that use a tax preparer is 65.2%. The total average income taxes paid by individuals was $2,633. Businesses reported an average profit of $9,150.
Texas Roadhouse
1616 N 75th Ave, Phoenix, AZ 85035 (1.7 miles away)
Haus Murphy's of Glendale
5739 W Glendale Ave, Glendale, AZ 85301 (2.6 miles away)
Number 1
6721 W Bethany Home Rd, Glendale, AZ 85303 (3.4 miles away)
Romanelli's Italian Deli
3437 W Dunlap Ave, Phoenix, AZ 85051 (5 miles away)
Siamese Kitchen
4352 W Olive Ave, Glendale, AZ 85302 (5.1 miles away)
McFaddens
9425 W Coyotes Blvd, Glendale, AZ 85305 (5.1 miles away)
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