Zip Code
85040
City
Phoenix, AZ
Population & Migration
What is the forecasted population for Zip code 85040 Phoenix, AZ?
- Population census 2020
- 35,399
- Forecasted population 2025
- 37,864
- 7% vs. 2020
- Forecasted population 2030
- 41,162
- 16.3% vs. 2020
Zip code 85040 Phoenix, AZ population is forecasted to grow 7% by 2025 (2.3 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 37,864 people for 2025 zip code 85040 Phoenix, AZ will generate a good demand for housing, which is expected to have a deficit of 2,028 houses for 2030. Vacancy rate is 3.2 points below national US average.
- Total homes available 2020
- 11,634
- Estimated total home demand in 2030
- 13,662
- Total homes balance inventory
- 2,028
Average Household Income in zip code 85040 Phoenix, AZ
from Internal Revenue Service
- Average household income in 2021
- $56,938
Affordability
- Affordability Index
- 5
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 85040 Phoenix, AZ?
County total number of drinking water violations
2206
+876%
226
County total number of drinking water contaminations
98
+326%
23
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