This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Tempe page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 186,419, so Tempe should be compared with similar-size places before using broader Arizona averages. Median household income is $77,643, so the best affordability read for Tempe is income versus housing, taxes, utilities, and insurance together.
Median home value is $421,900, so ownership costs in Tempe should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $1,623/mo, so renters can compare Tempe against ownership costs and nearby rental markets.
Housing and Income Context
For Tempe, income is solid, so housing and taxes usually decide the budget picture. Home values are elevated enough that taxes and financing terms can move the total cost.
Use the home value, rent, and income fields together before deciding whether Tempe looks more favorable for renting, buying, or comparing with Chandler, AZ.
Utility Cost Context
The residential electricity benchmark is $0.156/kWh, so Tempe households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Tempe is a Arizona state-level EIA benchmark, so it should not be read as a local provider tariff.
For Tempe, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $2,179, so Tempe buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Tempe address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Tempe depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Tempe, especially when comparing with Chandler, AZ.
Population and Demographics
Median age is 29.9, so Tempe may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 49.5%, so Tempe education context can be useful when reading labor-market and school sections.
Unemployment is 4.7%, so Tempe wage and job-market context should be compared with commute options and regional employment centers.
