Interested in purchasing investment houses in the 85051 zip code in Phoenix, AZ?
The zip code 85051 is in Maricopa county with a latitude of -112.133200000000 and longitude of 33.559080000000, is in the state of Arizona. The average asking price of houses and condos is $87,967.00 and the average sale price was $62,368.00. this regions is classified as the Phoenix metro area and is in the 602 area code. The location in degrees is 33° 33' 32.688" N, 112° 7' 59.52" W. The county F.I.P.S. is 04013. The total land area is 6.3 square miles and the water area is 0.0 square miles. The elevation in this area is 1217 - 1273 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 85051 is in county number 013 and is L. Sector 07, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 45,807 in 2019 and 40,375 in 2010. This further breaks down to 22,886 males (50.0%) and 22,921 females (50.0%). The median age of residents is 33.9 years. The population of the greater Phoenix-Mesa-Scottsdale, AZ area is 4,441,244. The population density (people per square mile) is 7,252. This zip code has a combined total of 16,982 houses and condos. There are 7,445 rented appartments. 48% of residents rent versus the 48% 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 $32,825 and the average salary is $30,410. The median household income of individuals is $48,576.00 and the average is $37,560.00. This zip code has a mean commute time to work of 30.2 minutes. The unemployment rate is 7.2%. Income earners by percent breakdown as 51.70% (Under $50,000), 35.90% ($50,000-$100,000), and 12.40% earn over $100,000. 25.6% 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 79.2% have a high school education or higher, 16.1% have a bachelor's degree or higher, and 4.5% have some kind of profesional degree.
This area has 14,174 households and the average size is 2.9 people. Individuals who are single and have never been married are 40.3%, 38.1% are now married, 2.4% are separated, 5.1% are widowed, and 14.1% are divorced. The average yearly contribution amount given by people to charity was $2,851 versus the state average of $4,114. The percent of residents who gave to charity was 13.9%.
The estimated median value of houses and condos is $183,996. The median monthly owner costs of mortgage holders was $1,163, where as the costs for those who don't have a mortgage are $391. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $985. 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 $1,002. 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 $951. Reported taxable interest for persons was $711, dividends $2,537, capital gains +$2,677, and itemized deductions $16,188. The average earned income tax credit is $2,600. The percent of individuals that use a tax preparer is 55.2%. The total average income taxes paid by individuals was $3,286. Businesses reported an average profit of $8,706.
Romanelli's Italian Deli
3437 W Dunlap Ave, Phoenix, AZ 85051
Bobby Q
8501 N 27th Ave, Phoenix, AZ 85051
Ruby Tuesday
9617 N Metro Pkwy W, Phoenix, AZ 85051
Siamese Kitchen
4352 W Olive Ave, Glendale, AZ 85302 (2.5 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!
