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Cost of Living in Fountain Hills, AZ

Population 23,789 · Census ACS 2020–2024 5-year estimates

Median rent$1,890
Median home value$622,900
Median household income$112,654

The median rent in Fountain Hills, AZ is $1,890/month, 22% higher than the Arizona median and 34% higher than the U.S. median. The median home value is $622,900, 87% higher than the national median. Households earn a median of $112,654 a year, 41% higher than the state median.

Affordability

Rent as a share of median income: 20.1%
Income needed for median rent (30% rule): $75,600/yr
Home price-to-income ratio: 5.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,150/mo

Run your own numbers: mortgage calculator · hourly to salary

Fountain Hills vs. Arizona vs. U.S.

Fountain HillsArizonaU.S.
Median rent$1,890$1,543$1,413
Median home value$622,900$394,500$332,700
Median household income$112,654$79,964$80,734
Homeownership rate84.4%67.4%65.2%
Bachelor's degree or higher50.4%33.3%35.7%
Poverty rate6.2%12.5%12.5%
Unemployment rate5.3%5.1%5.2%
Work from home30.5%18.4%15.1%
Median age61.539.038.9

FAQ

What is the average rent in Fountain Hills, AZ?

The median gross rent in Fountain Hills, AZ is $1,890 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Fountain Hills, AZ?

Using the common 30% rule, renting a median-priced home takes about $75,600 a year in gross income.

Is Fountain Hills, AZ expensive to live in?

Rent there is 34% higher than the U.S. median, and the median home costs about 5.5 times the median household income.

Other cities in Arizona

Phoenix, AZRent $1,582 · Income $81,332Tucson, AZRent $1,145 · Income $57,073Mesa, AZRent $1,620 · Income $82,752Gilbert, AZRent $2,110 · Income $122,551Chandler, AZRent $1,902 · Income $108,095Glendale, AZRent $1,528 · Income $73,530

Cities with a similar cost of living

Commerce City, CORent $1,880 · Income $111,972Dale City, VARent $1,876 · Income $111,994Milford city, CTRent $1,882 · Income $111,201Hollister, CARent $1,914 · Income $111,834West Whittier-Los Nietos, CARent $1,913 · Income $111,699Aspen Hill, MDRent $1,916 · Income $111,575

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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