Phoenix, AZ · standard
ZIP Code 85023
Maricopa County, Arizona - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 31,274
- 1,653/sq mi High-density area
- $77,369
- Median income Near-median income area
- $391,200
- Median home value Above-median home value
- 32.8%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Phoenix pairs an above-median household income with upper-quartile home values, in a low-density, mixed-tenure area.
- Top 42%
- household income, US ZIPs
- Top 22%
- home value, US ZIPs
- 1,653
- people per sq mi
- 60%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 85023 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 85023 (Phoenix, AZ) rose +4.7% from 2023 to 2024. The all-transactions index moved from 332.4 in 2023 to 348.0 in 2024 (2000 = 100).
ZIP code 85023 is a densely settled ZIP (a standard USPS delivery area) in Phoenix, Maricopa County, Arizona, with 31,274 residents across 18.9 square miles, a density of 1,653 people per square mile, in the Phoenix time zone.
ZIP 85023 lands in the middle-income range, with a median household income of $77,369 (6% above the average Arizona ZIP), while per-capita income is $42,322. The poverty rate is 9.4%, with unemployment at 5.5%; those measures add context to the income figure. Median home value is $391,200 (16% above the average Arizona ZIP) and median rent is $1,577; 59.6% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 32.8% of adults hold a bachelor's degree or higher, the median age is 37.9, and the average commute is 28 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Maricopa County, so 85023 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 85023
Top 5 sectors by establishment count in Phoenix, AZ
Which industries have the most business establishments in ZIP 85023.
- Retail trade
Retail trade
77 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
77 establishments
- Construction
Construction
69 establishments
- Health care and social assistance
Health care and social assistance
60 establishments
- Accommodation and food services
Accommodation and food services
55 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 85023, Phoenix, AZ · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
31,274
Population
18.9
Area (sq mi)
1,653
People / sq mi
Phoenix
Time Zone
standard
ZIP Type
Who lives in ZIP 85023?
37.9
Median Age
48.8%
Male
51.2%
Female
15.0%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$77,369
Median Household Income
+6% vs state ZIP avg
$42,322
Per Capita Income
9.4%
Poverty Rate
5.5%
Unemployment Rate
28.3 min
Mean Commute Time
How ZIP 85023 ranks nationally
Phoenix, AZ household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$77,369 Top 42% higher than 58% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
15,000housing units
15,000
Total Housing Units
14,243
Occupied Units
757
Vacant Units
2.45
Avg Household Size
Occupancy Type
$391,200
Median Home Value
+16% vs state ZIP avg
$1,577
Median Rent
1984
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+4.7%
YoY Change (2024)
348
HPI Index (2000 = 100)
+248%
Total Change Since 2000
Home values in ZIP 85023 have increased 4.7% over the past year (2024). Since 2000, this ZIP has seen +248% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +8.0% | 223 |
| 2021 | +20.9% | 270 |
| 2022 | +23.9% | 335 |
| 2023 | -0.7% | 332 |
| 2024 | +4.7% | 348 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 577 business establishments in ZIP 85023, employing approximately 12,364 people with a combined annual payroll of $677,662,000.
577
Businesses
12,364
Employees
$677.7M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 77 | 13.3% |
| Professional, scientific, and technical services | 77 | 13.3% |
| Construction | 69 | 12.0% |
| Health care and social assistance | 60 | 10.4% |
| Accommodation and food services | 55 | 9.5% |
| Administrative and support and waste management and remediation services | 53 | 9.2% |
| Other services (except public administration) | 46 | 8.0% |
| Real estate and rental and leasing | 40 | 6.9% |
| Wholesale trade | 28 | 4.8% |
| Finance and insurance | 21 | 3.6% |
| Manufacturing | 17 | 3.0% |
| Transportation and warehousing | 12 | 2.1% |
| Arts, entertainment, and recreation | 9 | 1.6% |
| Educational services | 5 | 0.9% |
| Information | 4 | 0.7% |
| Management of companies and enterprises | 3 | 0.5% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 85023 vs 85053 →
ZIP 85023 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 85032
Phoenix (85032)
65,485 residents
- 85022
Phoenix (85022)
46,395 residents
- 85029
Phoenix (85029)
43,233 residents
- 85051
Phoenix (85051)
40,375 residents
- 85021
Phoenix (85021)
37,743 residents
- 85027
Phoenix (85027)
37,140 residents
- 85020
Phoenix (85020)
32,850 residents
- 85023
Phoenix (85023)
31,274 residents
- 85053
Phoenix (85053)
28,480 residents
What this shows Among its immediate neighbors, ZIP 85023 ranks #8 by population - useful context the national average alone can't give.
ZIP 85023 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 85304
Glendale (85304)
$86,927 median income
- 85306
Glendale (85306)
$84,779 median income
- 85020
Phoenix (85020)
$83,735 median income
- 85032
Phoenix (85032)
$78,643 median income
- 85023
Phoenix (85023)
$77,369 median income
- 85027
Phoenix (85027)
$76,605 median income
- 85053
Phoenix (85053)
$70,011 median income
- 85022
Phoenix (85022)
$69,927 median income
- 85051
Phoenix (85051)
$69,189 median income
What this shows By household income, ZIP 85023 ranks #5 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 85053 | Phoenix, AZ | 28,480 | 2.1 mi |
| 85022 | Phoenix, AZ | 46,395 | 2.5 mi |
| 85029 | Phoenix, AZ | 43,233 | 2.7 mi |
| 85027 | Phoenix, AZ | 37,140 | 3.5 mi |
| 85021 | Phoenix, AZ | 37,743 | 4.9 mi |
| 85306 | Glendale, AZ | 24,191 | 4.7 mi |
| 85032 | Phoenix, AZ | 65,485 | 5.2 mi |
| 85020 | Phoenix, AZ | 32,850 | 5.0 mi |
| 85051 | Phoenix, AZ | 40,375 | 5.5 mi |
| 85304 | Glendale, AZ | 25,883 | 5.3 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 85023, both outside AZ so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (31,274 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Maricopa County
Related Areas
Frequently Asked Questions
What county is ZIP code 85023 in?
ZIP code 85023 (Phoenix) is located in Maricopa County, Arizona. Maricopa County contains multiple ZIP codes, see the full list at /counties/maricopa-az.
What is the population of ZIP code 85023?
ZIP code 85023 in Phoenix, AZ has a population of 31,274 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 85023?
The median household income in ZIP 85023 is $77,369, which is 1% above the national average of $76,288.
What is the average home value in ZIP 85023?
The median home value in ZIP 85023 is $391,200, which is 41% above the national average of $278,155.
What is the demographic makeup of ZIP 85023?
The largest racial group in ZIP 85023 is White at 64.9%. Hispanic or Latino residents make up 25.4% of the population.
How many businesses are in ZIP code 85023?
ZIP code 85023 has 577 business establishments employing approximately 12,364 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 85023?
The top industries by establishment count in ZIP 85023 are: Retail trade (77), Professional, scientific, and technical services (77), Construction (69). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 85023?
According to the FHFA House Price Index, home values in ZIP 85023 increased by 4.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 248%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 85023?
In ZIP code 85023, 58.8% of residents aged 25+ have a high school diploma or higher, and 32.8% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 85023?
The mean commute time for workers in ZIP code 85023 is 28.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 85023?
In ZIP code 85023, approximately 59.6% of occupied housing units are owner-occupied and 40.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 85023?
The poverty rate in ZIP code 85023 is 9.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 85023's numbers, next.
- See how ZIP 85023 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Phoenix, AZ ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.