Maricopa County
Arizona · Pop. 4,536,828
Ranked #139 of 200 counties
34Crisis
Median Home Price
🏠$440K
3.8% YoY
Median Rent
🔑$1,600
Median Income
💰$68K
Rent Burden
📊32.0%
% of income to rent
Housing Shortage
🏗️130,000
estimated unit deficit
Building Permits (2024)
📋42,000
Price-to-Income Ratio
⚖️6.5x
Homeownership Rate
🏡62.5%
How Maricopa County Compares
| Metric | Maricopa County | Arizona | National |
|---|---|---|---|
| Home Price | $440K | $411K | $410K |
| Rent | $1,600 | $1,608 | $1,500 |
| Income | $68K | $77K | $75K |
| Rent Burden | 32.0% | 34.1% | 30.0% |
| Homeownership | 62.5% | 68.0% | 65.0% |
Key Takeaways
- • Home prices are 7% above the national average.
- • Rent is 7% above the national average.
- • The county has an estimated housing shortage of 130,000 units.
- • 42,000 building permits were issued in 2024.
- • Year-over-year home prices changed by 3.8%.