Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in ZCTA5 85118, Arizona?
ZIP code · Census ACS 5-Year estimates
The median home value in ZCTA5 85118, Arizona (ZIP 85118) is $481,700 (±$28,036), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,387/month, and the median household income is $86,393/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 85118
| Metric | Value |
|---|---|
| Median Home Value | $481,700 |
| Median Gross Rent | $1,387 |
| Median Household Income | $86,393 |
| Total Housing Units | 7,427 |
| Renter-Occupied Units | 623 |
| Renter-Occupied Share | 8% |
How does ZIP 85118 compare?
Median home value ranked against all ZIP codes in Arizona.
Higher home value than 81% of ZIP codes in Arizona · 72th of 368
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 85253 | $2,000,001 |
| 2 | ZCTA5 85262 | $1,287,300 |
| 3 | ZCTA5 85266 | $1,128,500 |
| … 68 more … | ||
| 72 | ZCTA5 85118(you are here) | $481,700 |
| … 293 more … | ||
| 366 | ZCTA5 86016 | $30,500 |
| 366 | ZCTA5 86540 | $30,500 |
| 368 | ZCTA5 85530 | $23,200 |
More data for ZIP 85118
Frequently asked questions
What is the median home value in ZCTA5 85118, Arizona?
The median home value in ZCTA5 85118, Arizona (ZIP 85118) is $481,700, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in ZCTA5 85118, Arizona?
The median gross rent in ZCTA5 85118, Arizona (ZIP 85118) is $1,387/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in ZCTA5 85118, Arizona?
The median household income in ZCTA5 85118, Arizona is $86,393/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $481,700 has a margin of error of ±$28,036. In very small areas, MOEs can be large relative to the estimate.
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