85037

2023 Data
Phoenix, Arizona

85037 is an average-income neighborhood in Phoenix with affordable housing options.

Population

53,041

Income Rank

Top 51%

2%

$82K

Median Income

vs national

7%

$291K

Home Value

vs national

25%

$1,649

Monthly Rent

vs national

30.4 yrs

Median Age

How 85037 Compares

Key metrics versus national medians

Median Income
$81,919+2%

National median: $80,610

Home Value
$290,600-7%

National median: $311,500

Monthly Rent
$1,649+25%

National median: $1,314

College Educated
13.7%-61%

National median: 34.8%

Income Distribution in 85037

How household incomes are distributed across brackets

% of Households
Median Income Bracket

This chart shows the percentage of households in each income bracket. The highlighted bar represents the bracket containing the median household income of $81,919.

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What is the Average Income in 85037?

Household earnings and economic conditions

$81,919

Median Household Income

$28,755

Per Capita Income

6.3%

Unemployment Rate

Residents of 85037 earn a median household income of $81,919 per year. This is 2% higher than the national median of $80,610. The per capita income of $28,755 provides insight into individual earning power.

How Much Does it Cost to Live in 85037?

Real estate market and rental conditions in Phoenix

Home Buying

Median Home Value$290,600
20% Down Payment$58,120
Est. Monthly Mortgage$1,627

*Estimated at 7% APR, 30-year fixed

Renting

Median Monthly Rent$1,649
Annual Rent Cost$19,788
Rent-to-Income Ratio24%

Affordability Score

How affordable is it to live here?

0
out of 100
Highly Affordable

How is this calculated?

Based on the standard 4x annual income mortgage guideline used by lenders: (Median Income x 4) / Median Home Value, combined with the 28% rent-to-income ratio recommended by financial advisors. This is not financial advice.

Strong income-to-cost ratio makes this area financially accessible for most households.

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Age Distribution in 85037

Population breakdown by age and gender

Male
Female
Median Age (30.4 yrs)

This population pyramid shows the distribution of residents by age group and gender. The median age in 85037 is 30.4 years, which is younger than the national median of 39 years.

Who Lives in 85037? Demographics & Population

Age, diversity, and population breakdown

53,041

Total Population

30.4

Median Age

14%

College Educated

15,451

Households

85037 has a population of 53,041 residents in approximately 15,451 households. The median age of 30.4 years is younger than the national median of 39 years. About 14% of residents have completed higher education.

Diversity & Ethnicity in 85037

Racial and ethnic composition of the community

White(35.9%)
Two or More(31.5%)
Other(16.2%)
Black(12.6%)
Asian(2.2%)
Native American(1.5%)
Pacific Islander(0.1%)

Diversity Index

73

Very Diverse

0 = Single race, 100 = Perfect diversity

Hispanic/Latino Population

65%

Note: Hispanic/Latino is an ethnicity, counted separately from race

Racial Composition

White
35.9%
Two or More
31.5%
Other
16.2%
Black
12.6%

The Diversity Index measures the probability that two randomly chosen residents belong to different racial groups. With a score of 73, this is a diverse community.

Education Levels in 85037

Educational attainment of adults 25 and older

College Educated (Bachelor's+)

13.6%

National average: 34.8%

High School or Higher

78.5%

National average: 88.6%

Education Breakdown

Less than HS
21.5%
HS Graduate
32.6%
Some College
23.7%
Associate's Degree
8.6%
Bachelor's Degree
8.4%
Graduate+
5.2%

Educational attainment data shows the highest level of education completed by residents 25 years and older. With 13.7% holding a bachelor's degree or higher, this area is below the national average of 34.8%.

What is 85037 Like? Neighborhood Profile

Community personality and lifestyle analysis

Community profile generated from Census data analysis
Community Type

Young Working-Class Community

The 85037 zip code represents a young working-class community in the Phoenix region.

Household incomes align closely with national averages.

Young professionals and new families make up much of the population.

Residents bring practical skills and work experience rather than formal degrees.

Best Suited For

  • +Young working families
  • +Service industry workers
  • +First-time renters

May Not Suit

  • -Those seeking upscale amenities
  • -Remote workers needing quiet spaces

Key Characteristics

  • Young, energetic population
  • Workforce with practical skills and trade experience
  • Culturally diverse population
  • Affordable path to homeownership
  • Reasonable rental costs for the area

Typical Resident Profile

A typical 85037 resident is a adult in their early 30s, homeowner in an accessible neighborhood, working in steady employment in service or trade industries with practical work experience and vocational skills.

Lifestyle

Active, affordable urban living with strong community bonds

Frequently Asked Questions

Common questions about 85037 Phoenix, AZ

The median household income in 85037 (Phoenix, AZ) is $81,919, which is 2% higher than the national median of $80,610.

The median home value in 85037 is $290,600. A 20% down payment would be $58,120, with an estimated monthly mortgage of $1,627 at current rates.

The median monthly rent in 85037 is $1,649, totaling $19,788 annually. This represents 24% of the median household income.

85037 in Phoenix, Arizona is an average-income neighborhood with a median age of 30.4 years. The area has diverse educational backgrounds.

The unemployment rate in 85037 is 6.3%, compared to the national rate of 4.8%. This means 93.7% of the labor force is employed.

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