 | We Buy Homes |
| The First and Original 1-800-932-8946 | |
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| The First and Original 1-800-932-8946 | |
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Investors
Interested in purchasing investment houses in the 85042 zip code in Phoenix, AZ?
Detailed Demographic Statistics
The zip code 85042 is in Maricopa county, is in the state of Arizona. The total land area is 15.0 square miles and the water area is 0.0 square miles.
The zip 85042 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 48,480 in 2019. This further breaks down to 23,982 males (49.5%) and 24,497 females (50.5%). The median age of residents is 32.9 years. The population density (people per square mile) is 3,225. This zip code has a combined total of 16,276 houses and condos. There are 6,023 rented appartments. 40% of residents rent versus the 40% of residents in the state who rent.
The average individual gross adjusted income is $42,539 and the average salary is $39,338. The estimated median household income of individuals is around $63,413. This zip code has a mean commute time to work of 24.8 minutes. The unemployment rate is 5.0%. 14.1% of residents live below poverty line versus the 13.5% in the state that are below this line. The cost of living index is 88.3. The educational breakdown is 80.8% have a high school education or higher, 20.8% have a bachelor's degree or higher, and 6.6% have some kind of profesional degree.
The average size of households is 3.2 people. Individuals who are single and have never been married are 42.5%, 41.3% are now married, 2.0% are separated, 4.4% are widowed, and 9.8% are divorced. The average yearly contribution amount given by people to charity was $3,011 versus the state average of $4,114. The percent of residents who gave to charity was 19.1%.
The estimated median value of houses and condos is $211,751. The median monthly owner costs of mortgage holders was $1,349, where as the costs for those who don't have a mortgage are $400. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $1,265. 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 $1,390. 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 $903. Reported taxable interest for persons was $722, dividends $2,702, capital gains +$4,817, and itemized deductions $18,557. The average earned income tax credit is $2,687. The percent of individuals that use a tax preparer is 52.3%. The total average income taxes paid by individuals was $4,663. Businesses reported an average profit of $8,910.Local Restaurants
Pete's Fish & Chips
3920 S Central Ave, Phoenix, AZ 85040 (1.8 miles away)
T-Bone Steak House
10037 S 19th Ave, Phoenix, AZ 85041 (3.9 miles away)
Stockyards Restaurant
5009 E Washington St Ste 115, Phoenix, AZ 85034 (4.4 miles away)
Hong Kong Gourmet Buffet
4909 E Chandler Blvd, Phoenix, AZ 85048 (4.9 miles away)
Joe's Crab Shack
1606 W Baseline Rd, Tempe, AZ 85283 (5.7 miles away)
The Breadfruit & Rum Bar
108 E Pierce St, Phoenix, AZ 85004 (5.8 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
