PhoenixArizona

Phoenix Population Demographics

According to US population projections for 2022, the estimated population of Phoenix is 1,624,539. 27.25% is under 18, while 11.67% is over 65.

A closer look at the age demography reveals that 6.14% of the population was five years old or younger, 27.25% were 18 years or younger and 22.76% were aged 65 years and over. The gender split in the state was nearly even, with 49.59% female and 50.41% male.

Phoenix Housing

According to the US Census, Phoenix has 644,625 housing units. The average owner-occupied housing unit rate in Phoenix was 93.39%. At the same time, the city's median value of owner-occupied homes was $352,600

Phoenix Racial Demographics

In 2020, the US Census estimated that White Alone and Some Other Race Alone constitute 69.83% of Phoenix's population. Residents of the city who were Black Or African American Alone, made up 7.79% of the total population.

Other racial groups include Asian Alone, constituting 4.11% of the city's population and American Indian And Alaska Native Alone at 2.55%

How Educated is Phoenix

According to Census estimates, in 2021, 20.2% of Phoenix residents had a bachelor's degree, while 12.6% had a graduate or professional degree.

Overall, 32.80% of residents have a bachelor's degree or higher.

Average Income in Phoenix

The median household income in Phoenix is $68,435. This figure is significantly (approximately 0.00%) less than the state average of $68,435.

Estimates by family type revealed that families earned an average of $79,209 per year, while married-couple families earned an average of $97,846.

A closer examination of the income groups of Phoenix households revealed that the largest income group consisted of households with an annual income between $50,000 and $74,999. Other groups with yearly high household incomes include those between $100,000 and $149,999 (16.6%) and those with incomes exceeding $200,000 (8.6%). 5.6% of households in the City of Angels had an annual income of less than $10,000.

Median Income by Type of Family