| ZIP Code | 85040 |
|---|---|
| City | Phoenix |
| State | Arizona (AZ) |
| County | Maricopa County |
| Area Code | 480/602/623 |
| Elevation | 1,109 ft |
| Latitude | 33.405566 |
|---|---|
| Longitude | -112.025492 |
| Timezone | Phoenix |
| FIPS | 04013 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 30.7 yrs ↑ 5% since 2019 |
|---|---|
| Avg Household Size | 2.95 |
| Below Poverty | 23.0% ▲ 130% above avg |
| College Grads | 26.8% ▼ 31% below avg |
| Unemployment | 6.2% ▲ 26% above avg |
| No HS Diploma | 671 (4.3%) |
| HS Graduate | 5,887 (37.8%) |
| Some College | 1,991 (12.8%) |
| Associates | 2,852 (18.3%) |
| Bachelors | 1,352 (8.7%) |
| Graduate Degree | 2,811 (18.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $57,890 ▼ 24% below avg ↑ 40% since 2019 |
|---|---|
| Median Home Value | $294,800 ≈ Avg ↑ 103% since 2019 |
| Home/Income Ratio | 5.1x (nat avg ~3.5x) |
| Median Rent | $1,193/mo ↑ 28% since 2019 |
| Total Units | 11,962 |
| Vacant Units | 703 |
| Avg HH Size | 2.95 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 11,962 |
|---|---|
| Vacant | 703 |
| Owner Occupied | 47.6% |
| Renter Occupied | 52.4% |
| Avg HH Size | 2.95 |
ZIP code 85040 is located in Phoenix, Arizona, within Maricopa County. With a population of 33,325, this is a moderately populated ZIP code with a relatively young community — the median age is 30.7 years. Economically, 85040 is a solidly middle-class ZIP code: the median household income of $57,890 is below the national average.
Real estate in ZIP code 85040 represents a mid-range housing market. The median home value of $294,800 is near the national average. Renters can expect to pay around $1,193 per month in median rent. The area has a relatively balanced mix of owners (47.6%) and renters (52.4%). Median home values have increased by 103% since 2019.
The population of 85040 is majority Hispanic (63.65%). Residents are moderately educated — 26.8% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 23.0%. Household income has grown by 40% since 2019.
The unemployment rate in 85040 stands at 6.2%, which is above the national average. About 12% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 71%.
Overall, ZIP code 85040 in Phoenix, AZ is characterized as solidly middle-class, moderately educated, and a relatively young community. With 33,325 residents, a median household income of $57,890, and a median home value of $294,800, it offers a clear picture of life in this part of Arizona.