Tempe has a population of 181,005 with a median age of 29.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 181,005 |
| Median Age | 29.7 |
| White | 62.6% |
| Black or African American | 7.3% |
| Asian | 9.0% |
| Hispanic or Latino | 23.5% |
The median household income in Tempe is $72,022, which is 4.2% below the national median of $75,149. The per capita income is $40,495. The poverty rate is 16.8%.
The unemployment rate in Tempe is 5.7%, compared to the national rate of 5.4%.
In Tempe, 93.7% of residents age 25+ have a high school diploma or higher, and 48.9% hold a bachelor's degree or higher (20.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.7% |
| Bachelor's Degree or Higher | 48.9% |
| Graduate or Professional Degree | 20.6% |
The median home value in Tempe is $382,100, above the national median of $281,900. The median monthly rent is $1,472. The homeownership rate is 40.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $382,100 |
| Median Monthly Rent | $1,472 |
| Homeownership Rate | 40.7% |
| Vacancy Rate | 8.5% |
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