Interested in purchasing investment houses in the 85040 zip code in Phoenix, AZ?
The zip code 85040 is in Maricopa county with a latitude of -112.026570000000 and longitude of 33.406130000000, is in the state of Arizona. The average asking price of houses and condos is $100,159.00 and the average sale price was $56,588.00. this regions is classified as the Phoenix metro area and is in the 602 area code. The location in degrees is 33° 24' 22.068" N, 112° 1' 35.652" W. The county F.I.P.S. is 04013. This zip code contains two cities including Phoenix, AZ (99.81%), and Tempe, AZ (0.19%) The total land area is 10.2 square miles and the water area is 0.0 square miles. The elevation in this area is 1109 - 1165 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 85040 is in county number 013 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 35,587 in 2019 and 29,352 in 2010. This further breaks down to 17,177 males (48.3%) and 18,410 females (51.7%). The median age of residents is 29.4 years. The population of the greater Phoenix-Mesa-Scottsdale, AZ area is 4,441,244. The population density (people per square mile) is 3,498. This zip code has a combined total of 11,458 houses and condos. There are 5,881 rented appartments. 56% of residents rent versus the 56% 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 $28,913 and the average salary is $27,302. The median household income of individuals is $30,456.00 and the average is $35,810.00. This zip code has a mean commute time to work of 23.7 minutes. The unemployment rate is 7.8%. Income earners by percent breakdown as 73.60% (Under $50,000), 21.40% ($50,000-$100,000), and 5.00% earn over $100,000. 25.1% of residents live below poverty line versus the 13.5% in the state that are below this line. The cost of living index is 93.8. The educational breakdown is 67.6% have a high school education or higher, 11.7% have a bachelor's degree or higher, and 4.1% have some kind of profesional degree.
This area has 8,666 households and the average size is 3.4 people. Individuals who are single and have never been married are 46.0%, 35.3% are now married, 2.8% are separated, 4.7% are widowed, and 11.2% are divorced. The average yearly contribution amount given by people to charity was $3,230 versus the state average of $4,114. The percent of residents who gave to charity was 7.5%.
The estimated median value of houses and condos is $160,665. The median monthly owner costs of mortgage holders was $1,146, where as the costs for those who don't have a mortgage are $350. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $882. 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 0.6% which amounted to an average tax amount of $1,025. 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 $641. Reported taxable interest for persons was $800, dividends $3,279, capital gains +$7,750, and itemized deductions $17,741. The average earned income tax credit is $2,900. The percent of individuals that use a tax preparer is 57.1%. The total average income taxes paid by individuals was $4,005. Businesses reported an average profit of $8,043.
Pete's Fish & Chips
3920 S Central Ave, Phoenix, AZ 85040
Stockyards Restaurant
5009 E Washington St Ste 115, Phoenix, AZ 85034 (2.6 miles away)
T-Bone Steak House
10037 S 19th Ave, Phoenix, AZ 85041 (4.2 miles away)
The Breadfruit & Rum Bar
108 E Pierce St, Phoenix, AZ 85004 (4.2 miles away)
The Keg Steakhouse & Bar
23 S Mcclintock Dr, Tempe, AZ 85281 (5.9 miles away)
Prankster's
1024 E Broadway Rd, Tempe, AZ 85282 (5.9 miles away)
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