Home Affordability in 85281
Tempe, AZ — Maricopa County
The median home price in ZIP code 85281 (Tempe) is $395,000 with a median household income of $52,000. The price-to-income ratio is 7.6x.
Median Home Price
$395,000
Median Income
$52,000
Price-to-Income
7.6x
Est. Affordable Home
$202,000
Property Tax Rate
0.56%
Annual Property Tax
$2,212
Cost of Living
102
Metro Area
Phoenix-Mesa-Chandler MSA
Down Payment Scenarios for ZIP 85281
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $11,850 | $383,150 | Yes |
| 5% | $19,750 | $375,250 | Yes |
| 10% | $39,500 | $355,500 | Yes |
| 20% | $79,000 | $316,000 | No |
Get a Personalized Estimate
Use our Home Affordability Calculator with your actual income, debts, and down payment.
Calculate Now