Interested in purchasing investment houses in the 85007 zip code in Phoenix, AZ?
The zip code 85007 is in Maricopa county with a latitude of -112.091200000000 and longitude of 33.447130000000, is in the state of Arizona. The average asking price of houses and condos is $165,333.00 and the average sale price was $117,174.00. this regions is classified as the Phoenix metro area and is in the 602 area code. The location in degrees is 33° 26' 49.668" N, 112° 5' 28.32" W. The county F.I.P.S. is 04013. The total land area is 4.5 square miles and the water area is 0.1 square miles. The elevation in this area is 1122 - 1152 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 85007 is in county number 013 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 14,585 in 2019 and 14,040 in 2010. This further breaks down to 7,108 males (48.7%) and 7,476 females (51.3%). The median age of residents is 33.2 years. The population of the greater Phoenix-Mesa-Scottsdale, AZ area is 4,441,244. The population density (people per square mile) is 3,231. This zip code has a combined total of 6,245 houses and condos. There are 3,418 rented appartments. 64% of residents rent versus the 64% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $43,138 and the average salary is $37,324. The median household income of individuals is $29,719.00 and the average is $54,350.00. This zip code has a mean commute time to work of 23.5 minutes. The unemployment rate is 5.0%. Income earners by percent breakdown as 68.90% (Under $50,000), 18.30% ($50,000-$100,000), and 12.80% earn over $100,000. 29.8% of residents live below poverty line versus the 13.5% in the state that are below this line. The cost of living index is 99.8. The educational breakdown is 71.9% have a high school education or higher, 24.5% have a bachelor's degree or higher, and 9.9% have some kind of profesional degree.
This area has 4,811 households and the average size is 2.6 people. Individuals who are single and have never been married are 45.8%, 33.7% are now married, 2.8% are separated, 4.4% are widowed, and 13.4% are divorced. The average yearly contribution amount given by people to charity was $4,562 versus the state average of $4,114. The percent of residents who gave to charity was 16.4%.
The estimated median value of houses and condos is $317,128. The median monthly owner costs of mortgage holders was $1,585, where as the costs for those who don't have a mortgage are $439. The median number of rooms in houses and condos are 5.4 versus apartments which had a median number of 3.7.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $1,474. In comparision, the average real estate tax percent rate in the state is 0.6% which equated to an average real estate tax amount payment in the state of $1,578. The median housing property tax percent for residents with mortgages was 0.5% which amounted to an average tax amount of $1,614. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $1,129. Reported taxable interest for persons was $1,615, dividends $5,046, capital gains +$11,690, and itemized deductions $23,609. The average earned income tax credit is $2,547. The percent of individuals that use a tax preparer is 54.7%. The total average income taxes paid by individuals was $6,626. Businesses reported an average profit of $16,190.
The Breadfruit & Rum Bar
108 E Pierce St, Phoenix, AZ 85004 (1.2 miles away)
Stockyards Restaurant
5009 E Washington St Ste 115, Phoenix, AZ 85034 (2.8 miles away)
T-Bone Steak House
10037 S 19th Ave, Phoenix, AZ 85041 (4.4 miles away)
Schreiner's Fine Sausage
3601 N 7th St, Phoenix, AZ 85014 (4.5 miles away)
Pete's Fish & Chips
3920 S Central Ave, Phoenix, AZ 85040 (4.8 miles away)
Ruth's Chris Steak House
2201 E Camelback Rd Ste 106A, Phoenix, AZ 85016 (4.8 miles away)
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