Real Estate Market Update for 85040 (Phoenix, AZ)

Video: Real Estate Community Tour for 85040 (Phoenix, AZ)

See Real estate community tour for 85040 (Phoenix, AZ)
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Map Information for 85040 (Phoenix, AZ)
Area Information for 85040 (Phoenix, AZ)
  • Population: 31,974
  • Median Age: 29.39 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 3,142/sq mi
  • Population Change Since 2000: 10.63%
  • Closest Airport: Phoenix Sky Harbor International
  • Closest College: Collins College
  • Closest Jr. College: South Mountain Community College
  • Median Household Income: $30,932
  • Annual Residential Turnover: 19%
  • Median Home Sales Price: $102,500
  • Closest Major Sports Team: Arizona Diamondbacks
  • Change Avg. Household Income Since 2000: 35.15%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 85040 (Phoenix, AZ)
Median Age: 29.39 Married: 24% Number of Households: 9,392 Households with Children: 3,802
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 85040 (Phoenix, AZ)

      School Name Distance Type Grades School Rating Parent Rating
      Martin Luther King School Early Childhood Center 0.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Percy L Julian School 0.4 mi Public K-8 0 0
      Eagle College Prep Harmony 0.6 mi Public K-8 2 0
      Sabis International 0.7 mi Public K-8 2 0
      George Gervin Prep Academy 0.9 mi Public PRESCHOOL-8 1 0
      Kaizen - South Pointe Elementary 1.0 mi Public K-5 0 0
      Phoenix Collegiate Academy High School 1.6 mi Public 9-12 2 2
      Irene Lopez School 1.6 mi Public K-8 2 3
      Edkey - Sequoia Choice Precision Village 1.8 mi Public 9-12 3 0
      South Phoenix Prep And Arts Academy 2.0 mi Public K-4 1 0
      South Mountain High School 2.2 mi Public 9-12 1 3
      Cesar E Chavez Community School 2.4 mi Public PRESCHOOL-8 1 0
      Advance U 2.5 mi Public PRESCHOOL-2 0 0
      Aim Higher College Prep Academy 2.5 mi Public 7-12 0 0
      Reyes Maria Ruiz Leadership Academy 2.5 mi Public K-6 3 0
      Phoenix Collegiate Academy Charter School 2.7 mi Public K-12 2 2
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 85040 (Phoenix, AZ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.