ZIP comparison · Phoenix-Mesa-Chandler, AZ
85031 vs 85040
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 | ZIP85031Phoenix, AZ | ZIP85040Phoenix, AZ |
|---|---|---|
| Home value | ||
| Typical home value | Better: $323,034 | $321,736 |
| 1-year appreciation | -4.4% | Better: -3.9% |
| 5-year CAGR | Better: +4.4% | +3.9% |
| 10-year CAGR | Better: +9.3% | +9.2% |
| Rent & investment | ||
| Monthly rent | Better: $1,363 | $1,897 |
| Gross yield | 5.1% | Better: 7.1% |
| Cap rate | 3.0% | Better: 4.2% |
| Property tax | ||
| Effective tax rate | 0.4% | Better: 0.4% |
| Typical annual tax | $1,443 | Better: $1,427 |
| Demographics | ||
| Population | 31,191 | 34,117 |
| Median household income | Better: $70,412 | $60,727 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Very High | Very High |
| Net migration | +5,261 | +5,261 |
| Schools | ||
| Public schools | 14 | 18 |
| Students enrolled | 6,408 | 6,273 |