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Tempe, Arizona

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
188,065
Population
$79,663
Median Income
$455,400
Home Value
30.0
Median Age

Demographics

Tempe has a population of 188,065 with a median age of 30.0. Here is the racial and ethnic breakdown of the population:

White
57.0%
Hispanic
23.1%
Asian
9.8%
Black
7.1%
Other
3.0%
Demographic Value
Total Population188,065
Median Age30.0
White57.0%
Black or African American7.1%
Asian9.8%
Hispanic or Latino23.1%
Other / Two or More Races3.0%
Tempe, Arizona — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 57.0%Hispanic/Latino: 23.1%Asian: 9.8%Black: 7.1%Other: 3.0%188,065PopulationWhiteWhite57.0%Hispanic/LatinoHispanic/Latino23.1%AsianAsian9.8%BlackBlack7.1%OtherOther3.0%

Income & Economy

The median household income in Tempe is $79,663, which is 1.2% below the national median of $80,610. The per capita income is $44,493. The poverty rate is 15.8%.

$79,663
Median Household Income
$44,493
Per Capita Income
15.8%
Poverty Rate

Employment

The unemployment rate in Tempe is 3.0%, compared to the national rate of 4.1%.

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Education

In Tempe, 93.8% of residents age 25+ have a high school diploma or higher, and 50.0% hold a bachelor's degree or higher (21.0% with a graduate or professional degree).

HS Diploma+
93.8%
Bachelor's+
50.0%
Graduate+
21.0%
Education Level % of Adults (25+)
High School Diploma or Higher93.8%
Bachelor's Degree or Higher50.0%
Graduate or Professional Degree21.0%

Housing

The median home value in Tempe is $455,400, above the national median of $303,400. The median monthly rent is $1,743. The homeownership rate is 42.3%.

$455,400
Median Home Value
$1,743/mo
Median Rent
42.3%
Homeownership Rate
Housing Metric Value
Median Home Value$455,400
Median Monthly Rent$1,743
Homeownership Rate42.3%
Vacancy Rate9.2%

Salaries in Arizona

Explore salary data for popular occupations in Arizona:

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Other Cities in Arizona

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Frequently Asked Questions

What is the population of Tempe, Arizona?
The population of Tempe, Arizona is 188,065 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Tempe, Arizona?
The median household income in Tempe, Arizona is $79,663. This is 1.2% below the national median of $80,610.
What is the median home value in Tempe, Arizona?
The median home value in Tempe, Arizona is $455,400. The median monthly rent is $1,743.
What percentage of people in Tempe have a college degree?
In Tempe, Arizona, 50.0% of adults age 25 and older hold a bachelor's degree or higher, and 93.8% have a high school diploma or higher.
Is Tempe, Arizona an affordable place to live?
The home price-to-income ratio in Tempe, Arizona is 5.7x (median home value $455,400 vs. median income $79,663), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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