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Economy, jobs and prices in Phoenix, Arizona: official figures

The median household income in Phoenix was $81,332 a year in the 2020-2024 American Community Survey (in 2024 dollars), 405th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Arizona median $79,964.

Median household income
$81,332
2020-2024
Unemployment rate (ACS)
5.0%
2020-2024
Mean travel time to work
25.6 min
2020-2024
Median gross rent (monthly)
$1,582
2020-2024
Median home value (owner-occupied)
$420,700
2020-2024
Homes occupied by their owners
57.3%
2020-2024
Households with a broadband subscription
91.4%
2020-2024

What is the per capita income in Phoenix?

Income per resident (per capita income) in Phoenix averaged $41,981 a year in 2020-2024, 375th highest of 823 US cities of 50,000 or more (US: $44,673; Arizona: $42,503).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Phoenix?

Phoenix's Gini index of household income inequality was 0.465 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 272nd most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Phoenix, Arizona?

5.0% of the civilian labor force in Phoenix was unemployed on average over 2020-2024 (44,679 people), 369th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Arizona's 5.1%.

Source: U.S. Census Bureau · saved copy

What share of people in Phoenix are working?

68.3% of Phoenix's 1,300,484 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 256th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Phoenix have jobs?

842,500 residents of Phoenix held civilian jobs, 64.8% of those aged 16 and over (US: 59.7%), and 1,083 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Phoenix?

The largest industry group for working residents of Phoenix was education, health care and social assistance (20.3% of employed residents), followed by professional, scientific, management and administrative services (14.2%) and retail trade (11.5%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Phoenix work in manufacturing?

Manufacturing employed 7.2% of working residents of Phoenix, 268th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 14.2% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Phoenix, Arizona?

Commuters in Phoenix took 25.6 minutes on average to get to work in 2020-2024, 353rd longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 5.8% travelled an hour or more and 20.5% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Phoenix get to work?

19.0% of workers living in Phoenix worked from home in 2020-2024, 238th highest of 823 US cities of 50,000 or more (US: 15.1%). 64.2% drove to work alone, 10.8% carpooled, 1.9% used public transport and 1.5% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Phoenix, Arizona?

The median gross rent (rent plus utilities) in Phoenix was $1,582 a month in 2020-2024, 405th lowest of 823 US cities of 50,000 or more (US: $1,413; Arizona: $1,543).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Phoenix?

Owner-occupied homes in Phoenix had a median value of $420,700 in 2020-2024 as estimated by their owners, 359th highest of 823 US cities of 50,000 or more (US: $332,700; Arizona: $394,500).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Phoenix?

The median home value in Phoenix was 5.2 times the median household income, 340th highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Phoenix, Arizona own their home?

57.3% of the 610,442 occupied homes in Phoenix were lived in by their owners in 2020-2024 and 260,441 were rented, 390th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Arizona: 67.4%).

Source: U.S. Census Bureau · saved copy

What share of homes in Phoenix have broadband?

91.4% of households in Phoenix had a broadband internet subscription of some type in 2020-2024, 302nd lowest of 823 US cities of 50,000 or more (US: 91.0%; Arizona: 91.5%).

Source: U.S. Census Bureau · saved copy

How many households in Phoenix have no internet?

6.3% of households in Phoenix (38,256) had no internet access at home in 2020-2024, 256th highest of 823 US cities of 50,000 or more (US: 6.5%); 11.6% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Phoenix compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Phoenix ranks 405 of 823, highest first.

RankCityMedian household income (2024 dollars)
402Grand Prairie$81,619
403Lancaster$81,511
404Vancouver$81,338
405Phoenix$81,332
406Olympia$81,302
407Summerville$81,046
408Manchester$81,007
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Phoenix ranks 375 of 823, highest first.

RankCityPer capita income (2024 dollars)
372Sparks$42,099
373Concord$42,090
374Palm Coast$42,023
375Phoenix$41,981
376Whittier$41,927
377Oak Lawn$41,927
378Surprise$41,888
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Phoenix ranks 272 of 823, highest first.

RankCityGini index of household income inequality
269Brownsville0.466
270Missoula0.466
271Rocky Mount0.466
272Phoenix0.465
273Walnut Creek0.465
274Longview0.465
275Boise City0.465
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Phoenix ranks 455 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
452San Jose5.1%
453St. Louis5.0%
454Coconut Creek5.0%
455Phoenix5.0%
456Lake Havasu City5.0%
457Bryan5.0%
458Richardson5.0%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Phoenix ranks 256 of 823, highest first.

RankCityLabor force participation rate (16 and over)
253Livermore68.3%
254Waxahachie68.3%
255Lansing68.3%
256Phoenix68.3%
257Rockwall68.3%
258St. Cloud68.2%
259Rockville68.2%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Phoenix ranks 353 of 823, highest first.

RankCityMean travel time to work (minutes)
350Blue Springs25.7
351Pawtucket25.6
352South San Francisco25.6
353Phoenix25.6
354St. Petersburg25.6
355Lakewood25.5
356O'Fallon25.5
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Phoenix ranks 238 of 823, highest first.

RankCityWorkers who worked from home
235Mooresville19.1%
236West Des Moines19.1%
237Fort Lauderdale19.0%
238Phoenix19.0%
239Noblesville18.9%
240Santa Barbara18.9%
241Corvallis18.9%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Phoenix ranks 273 of 823, highest first.

RankCityWorkers commuting by public transportation
270Woodland1.9%
271Springfield1.9%
272Orlando1.9%
273Phoenix1.9%
274Durham1.9%
275Florissant1.9%
276Frederick1.9%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Phoenix ranks 556 of 823, highest first.

RankCityEmployed residents working in manufacturing
553Little Elm7.2%
554Bellevue7.2%
555Kirkland7.2%
556Phoenix7.2%
557San Bernardino7.2%
558Eagle Mountain7.1%
559Chesapeake7.1%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Phoenix ranks 643 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
640Newark20.3%
641Parker20.3%
642Mount Prospect20.3%
643Phoenix20.3%
644Parma20.2%
645North Charleston20.2%
646Vancouver20.2%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Phoenix ranks 419 of 823, highest first.

RankCityMedian gross rent per month
416Gresham$1,586
417Marietta$1,586
418Woodland$1,583
419Phoenix$1,582
420Fort Myers$1,580
421Prescott Valley$1,580
422Stockton$1,577
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Phoenix ranks 359 of 823, highest first.

RankCityMedian value of owner-occupied homes
356Taunton$422,800
357San Bernardino$422,300
358Novi$421,900
359Phoenix$420,700
360Little Elm$420,700
361Tampa$420,400
362Troy$420,300
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Phoenix ranks 337 of 820, highest first.

RankCityMedian home value as a multiple of median household income
334Wellington5.2x
335Deerfield Beach5.2x
336Victorville5.2x
337Phoenix5.2x
338Pembroke Pines5.2x
339Spokane Valley5.2x
340Haverhill5.1x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Phoenix ranks 434 of 823, highest first.

RankCityOccupied homes lived in by their owners
431West Des Moines57.4%
432Omaha57.4%
433Smyrna57.4%
434Phoenix57.3%
435Yuba City57.3%
436Rogers57.2%
437Glendale57.2%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Phoenix ranks 522 of 823, highest first.

RankCityHouseholds with a broadband subscription
519Lynn91.4%
520Cheyenne91.4%
521Sherman91.4%
522Phoenix91.4%
523Champaign91.4%
524Peabody91.4%
525Lafayette91.4%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Phoenix ranks 256 of 823, highest first.

RankCityHouseholds with no internet access
253Santa Fe6.3%
254Cathedral City6.3%
255Urban Honolulu6.3%
256Phoenix6.3%
257Tucson6.3%
258Gallatin6.2%
259Chattanooga6.2%
Source: U.S. Census Bureau · saved copy

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Sources

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