Phoenix is home to 5,028,754 people. The population has risen by half since 2000, adding 1,776,878 people. Few US metro areas rank higher on income. The typical home is worth $443,119, having more than tripled since 2000. Households earn $88,457 at the median, near the US median. About 35% of adults have finished a four-year degree.
At a glance
Wealthier
median household income $88,457, above the US median
US median: $82,259
Mid-age
median age 37.9
US median: 38.9
Average education
35% hold a bachelor's degree
US average: 36%
Less affordable
home values up 104%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Phoenix
What changed most since 1990
Population2,238,480 → 5,028,754(+125%)US over the same years: +35%
Median home value (2024 dollars)$199,380 → $443,119(+122%)US over the same years: +67%
White share76.4% → 52.7%(−23.7 pts)US over the same years: −17.8 pts
Among the 11 metro and micro areas based in Arizona
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)26.1%(70,207)
US avg: 26.4%
Gulf War (1990s)23.8%(64,150)
US avg: 24.3%
Vietnam era34.2%(92,055)
US avg: 33.1%
Korean War4.1%(11,120)
US avg: 4.5%
World War II0.9%(2,429)
US avg: 1%
Share of the 268,982 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Phoenix, decade by decade
Phoenix population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
2,238,480
$72,730
$199,380
21.4%
48.0
2000
3,251,876
$81,670
$217,641
25.1%
62.6
2010
4,192,887
$78,716
$333,625
28.0%
70.5
2020
4,845,832
$81,448
$329,445
32.3%
76.6
2024
5,028,754
$88,457
$443,119
35.4%
77.0
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
How many people live in Phoenix-Mesa-Chandler, AZ?
Phoenix-Mesa-Chandler, AZ has about 5,028,754 residents according to the 2024 American Community Survey.
What is the median household income in Phoenix-Mesa-Chandler, AZ?
The typical household in Phoenix-Mesa-Chandler, AZ earns about $88,457 a year. Half of households make more than that, and half make less.
Is Phoenix-Mesa-Chandler, AZ expensive?
In Phoenix-Mesa-Chandler, AZ, the median home is worth about $443,119, and the typical rent is about $1,692 a month.
How educated are people in Phoenix-Mesa-Chandler, AZ?
About 35.4% of adults age 25 and over in Phoenix-Mesa-Chandler, AZ hold a bachelor's degree or higher.
What is the poverty rate in Phoenix-Mesa-Chandler, AZ?
About 11.0% of people in Phoenix-Mesa-Chandler, AZ live below the federal poverty line.
Has Phoenix-Mesa-Chandler, AZ grown since 1990?
Yes, Phoenix-Mesa-Chandler, AZ has grown since 1990. The population has added about 2,790,274 residents, a change of about 125 percent over that period.