Last updated: 2024 BLS data · Page refreshed:
Phoenix has a population of 4,390 with a median age of 55.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 4,390 |
| Median Age | 55.6 |
| White | 76.7% |
| Asian | 0.4% |
| Hispanic or Latino | 15.0% |
| Other / Two or More Races | 7.9% |
The median household income in Phoenix is $66,508, which is 17.5% below the national median of $80,610. The per capita income is $44,316. The poverty rate is 11.5%.
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In Phoenix, 95.1% of residents age 25+ have a high school diploma or higher, and 31.4% hold a bachelor's degree or higher (15.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.1% |
| Bachelor's Degree or Higher | 31.4% |
| Graduate or Professional Degree | 15.4% |
The median home value in Phoenix is $415,300, above the national median of $303,400. The median monthly rent is $1,225. The homeownership rate is 70.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $415,300 |
| Median Monthly Rent | $1,225 |
| Homeownership Rate | 70.8% |
| Vacancy Rate | 5.2% |
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