Last updated: 2024 BLS data · Page refreshed:
Phoenix has a population of 1,642,323 with a median age of 34.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,642,323 |
| Median Age | 34.9 |
| White | 47.9% |
| Black or African American | 7.8% |
| Asian | 4.1% |
| Hispanic or Latino | 42.0% |
The median household income in Phoenix is $81,332, which is 0.9% above the national median of $80,610. The per capita income is $41,981. The poverty rate is 13.7%.
The unemployment rate in Phoenix is 3.1%, compared to the national rate of 4.1%.
Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.
In Phoenix, 84.8% of residents age 25+ have a high school diploma or higher, and 33.6% hold a bachelor's degree or higher (13.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 84.8% |
| Bachelor's Degree or Higher | 33.6% |
| Graduate or Professional Degree | 13.1% |
The median home value in Phoenix is $420,700, above the national median of $303,400. The median monthly rent is $1,582. The homeownership rate is 57.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $420,700 |
| Median Monthly Rent | $1,582 |
| Homeownership Rate | 57.3% |
| Vacancy Rate | 6.5% |
Explore salary data for popular occupations in Arizona:
Find resources to help plan your move, explore homes, and compare insurance rates in Arizona.
Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.
Join Americans who use data to make smarter decisions. Privacy Policy