Phoenix vs Tempe
| Phoenix | Tempe | |
|---|---|---|
| Population | 1,609,456 | 181,005 |
| Median Household Income | $81,332 | $79,663 |
| Median Home Value | $420,700 | $455,400 |
| Median Gross Rent | $1,582/mo | $1,743/mo |
| Homeownership Rate | 57.3% | 42.3% |
| Unemployment Rate | 5.0% | 5.5% |
| Bachelor's Degree or Higher | 33.6% | 50.0% |
| Median Age | 34.9 | 30.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.