Everything You Need to Know About the City of Tempe Arizona

 

In 2017, Tempe, AZ had a population of 178k people with a median age of 28.8 and a median household income of $51,829. Somewhere in the range of 2016 and 2017 the number of inhabitants in Tempe, AZ grew from 174,708 to 178,339, a 2.08% increase, and its median household income grew from $50,474 to $51,829, a 2.68% increase.

The population of Tempe, AZ is 57.7% White Alone, 22.7% Hispanic or Latino, and 7.86% Asian Alone. N/A% of the people in Tempe, AZ speak a non-English language, and 90.1% are U.S. citizens.

The largest universities in Tempe, AZ are University of Phoenix-Arizona (36,420 degrees awarded in 2017), Arizona State University-Tempe (13,751 degrees), and Rio Salado College (4,864 degrees).

The median property value in Tempe, AZ is $237,200, and the homeownership rate is 40.1%. Most people in Tempe, AZ commute by Drove Alone, and the average commute time is 20 minutes. The average car ownership in Tempe, AZ is 2 cars per household.

 

Education in Tempe

In 2017, universities in Tempe, AZ awarded 57,574 degrees. The student population of Tempe, AZ is skewed towards women, with 70,540 male students and 107,959 female students.

Most students graduating from Universities in Tempe, AZ are White (25,332 and 46.6%), followed by Black or African American (8,841 and 16.3%), Hispanic or Latino (8,263 and 15.2%), and Unknown (7,325 and 13.5%).

The largest universities in Tempe, AZ by the number of degrees awarded are the University of Phoenix-Arizona (36,420 and 63.3%), Arizona State University-Tempe (13,751 and 23.9%), and Rio Salado College (4,864 and 8.45%).

The most popular majors in Tempe, AZ are General Business Administration & Management (10,509 and 18.3%), Behavioral Sciences (2,491 and 4.33%), and Health Information & Medical Records Technology (1,806 and 3.14%).

The median tuition costs in Tempe, AZ are $N/A for private four-year colleges, and $10,104 and $26,684 respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Tempe

The economy of Tempe, AZ employs 100k people and Tempe has an unemployment rate of 3.8%. Tempe has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 49.9%, which is higher than the US average of 33.5%. The largest industries in Tempe, AZ are Educational Services (13,821 people), Retail Trade (11,940 people), and Accommodation & Food Services (11,273 people), and the highest paying industries are Utilities ($65,186), Public Administration ($48,579), and Professional, Scientific, & Technical Services ($46,971).

Households in Tempe, AZ have a median annual income of $51,829, which is less than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $50,474 in 2016, which represents a 2.68% annual growth.

 

Tax Rates for Tempe

– The Sales Tax Rate for Tempe is 8.1%. The US average is 7.3%.
– The Income Tax Rate for Tempe is 4.2%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Tempe

– The average income of a Tempe resident is $26,094 a year.
– The Median household income of a Tempe resident is $48,183 a year.