🏦 Mortgage Calculators Arizona

How Much House Can I Afford in Arizona?

Find out how much house you can afford in Arizona with 0.62% property tax. Uses 28/36 rule with Arizona-specific data.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Arizona Quick Facts

2.5% Income Tax Rate

0.62% Property Tax Rate

$72,581 Median Income

102.2 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Calculates home affordability in Arizona using the 28/36 rule. Maximum 28% of gross monthly income for housing (PITI). Includes Arizona's effective property tax rate of 0.62% and average home insurance of $2,080/year. Median home price in Arizona: $380,000.

Key State Information

Arizona housing market: Median home price $380,000 | Property tax rate 0.62% | Avg home insurance $2,080/yr | Median household income $72,581. Homes are expensive relative to income.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Census Bureau, Zillow, Tax Foundation

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much house can I afford on the median income in Arizona?

With Arizona's median household income of $72,581 and a 10% down payment, you can typically afford a home priced around $254,034-$326,615 depending on debts and interest rates. The median home in Arizona costs $380,000.

What is the property tax rate in Arizona?

Arizona's effective property tax rate is 0.62%. On a $380,000 home, that's approximately $2,356/year or $196/month.