US ZIP Code
85023

Phoenix, AZ

Maricopa County  ·  Arizona

● Active
👥 34,635 Population
💰 $72,442 Median HH Income
≈ Avg ↑ 28% since 2019
🎂 37.2 Median Age ↑ 6% since 2019
🏠 $359,200 Median Home Value
▲ 29% above avg ↑ 58% since 2019
🎓 41.6% College Grads
≈ Avg
📊 5.2% Unemployment
≈ Avg ↑ 48% since 2019
ZIP Code Details
ZIP Code85023
CityPhoenix
StateArizona (AZ)
CountyMaricopa County
Area Code602/623
Elevation1,344 ft
Latitude33.634118
Longitude-112.093163
TimezonePhoenix
FIPS04013
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 50.9% (17,615) Female 49.1% (17,020) ♀

Race & Ethnicity

White: 55.6%Hispanic: 26.4%Black: 6.9%Asian: 5.8%Other: 4.2%Race
White55.6%
Hispanic26.4%
Black6.9%
Asian5.8%
Other4.2%

Age Breakdown

Under 5
6%
5–17
17%
18–24
9%
25–44
29%
45–64
26%
65+
7%

Key Indicators

Median Age37.2 yrs ↑ 6% since 2019
Avg Household Size2.47
Below Poverty10.1% ≈ Avg
College Grads41.6% ≈ Avg
Unemployment5.2% ≈ Avg
No HS Diploma301 (1.4%)
HS Graduate5,627 (25.5%)
Some College2,590 (11.7%)
Associates4,366 (19.8%)
Bachelors1,998 (9.1%)
Graduate Degree7,172 (32.5%)

Education

No HS: 1.4%HS Grad: 25.5%Some College: 11.7%Associates: 19.8%Bachelors: 9.1%Graduate: 32.5%Edu
No HS1.4%
HS Grad25.5%
Some College11.7%
Associates19.8%
Bachelors9.1%
Graduate32.5%
Housing & Income

Housing Tenure

Owner: 57.3%Renter: 42.7%Tenure
Owner57.3%
Renter42.7%

Home Value Distribution

Under $50k
7%
$50k–100k
2%
$100k–150k
1%
$150k–200k
3%
$200k–300k
21%
$300k–500k
40%
Over $500k
25%

Financials

Median HH Income$72,442 ≈ Avg ↑ 28% since 2019
Median Home Value$359,200 ▲ 29% above avg ↑ 58% since 2019
Home/Income Ratio5.0x (nat avg ~3.5x)
Median Rent$1,429/mo ↑ 42% since 2019
Total Units14,765
Vacant Units761
Avg HH Size2.47

Income Distribution

Under $25k
11%
$25k–50k
20%
$50k–75k
19%
$75k–100k
13%
$100k–150k
22%
$150k–200k
7%
Over $200k
10%
Employment & Commute

How People Get to Work

Drove Alone
73%
Public Transit
3%
Walked
1%
Work From Home
23%

Commute Time

Under 15 min
19%
15–30 min
38%
30–45 min
28%
Over 45 min
16%
Housing Stock

Year Built

1940s–1950s
4%
1960s–1970s
28%
1980s–1990s
16%
2000+
53%

Summary

Total Units14,765
Vacant761
Owner Occupied57.3%
Renter Occupied42.7%
Avg HH Size2.47
Frequently Asked Questions
ZIP code 85023 is in Phoenix, AZ, in Maricopa County.
ZIP code 85023 is located in Arizona (AZ).
ZIP code 85023 is in Maricopa County, AZ.
ZIP 85023 observes the Phoenix timezone.
The estimated population of ZIP code 85023 is 34,635 people (ACS 2023).
The median household income in ZIP code 85023 is $72,442 (ACS 2023).
The median home value in ZIP 85023 is $359,200 (ACS 2023).
About ZIP Code 85023

ZIP code 85023 is located in Phoenix, Arizona, within Maricopa County. With a population of 34,635, this is a moderately populated ZIP code with a relatively young community — the median age is 37.2 years. Economically, 85023 is a solidly middle-class ZIP code: the median household income of $72,442 is near the national average.

Real estate in ZIP code 85023 represents a mid-range housing market. The median home value of $359,200 is above the national average. Renters can expect to pay around $1,429 per month in median rent. The area has a relatively balanced mix of owners (57.3%) and renters (42.7%). Median home values have increased by 58% since 2019.

The population of 85023 is majority White (55.64%). Residents are well-educated — 41.6% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 10.1%. Household income has grown by 28% since 2019.

The unemployment rate in 85023 stands at 5.2%, which is near the national average. About 21% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 66%.

Overall, ZIP code 85023 in Phoenix, AZ is characterized as solidly middle-class, well-educated, and a relatively young community. With 34,635 residents, a median household income of $72,442, and a median home value of $359,200, it offers a clear picture of life in this part of Arizona.