ZIP comparison · Phoenix-Mesa-Chandler, AZ
85004 vs 85023
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP85004Phoenix, AZ | ZIP85023Phoenix, AZ |
|---|---|---|
| Home value | ||
| Typical home value | Better: $424,581 | $420,806 |
| 1-year appreciation | -3.0% | Better: -2.2% |
| 5-year CAGR | Better: +4.1% | +3.8% |
| 10-year CAGR | +5.6% | Better: +6.6% |
| Rent & investment | ||
| Monthly rent | $1,738 | Better: $1,295 |
| Gross yield | Better: 4.9% | 3.7% |
| Cap rate | Better: 2.9% | 2.2% |
| Property tax | ||
| Effective tax rate | Better: 0.5% | 0.5% |
| Typical annual tax | Better: $2,134 | $2,307 |
| Demographics | ||
| Population | 12,408 | 35,034 |
| Median household income | $73,750 | Better: $77,369 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Very High | Very High |
| Net migration | +5,261 | +5,261 |
| Schools | ||
| Public schools | 6 | 9 |
| Students enrolled | 6,085 | 5,768 |