PlainZIP

Phoenix, AZ · standard

ZIP Code 85040

Maricopa County, Arizona — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

29,352
1,114/sq mi
$60,727
Median income
$329,800
Median home value
15.4%
Bachelor's or higher

The verdict

Phoenix pairs a below-median household income with above-median home values, in a low-density, mixed-tenure area.

30th pct
household income, US ZIPs
Top 29%
home value, US ZIPs
1,114
people per sq mi
48%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 85040 against every reporting US ZIP.

ZIP code 85040 is classified by USPS as a standard delivery area and covers roughly 26.4 square miles in Phoenix, Maricopa County, Arizona. The area is home to 29,352 residents, producing a population density of 1,114 people per square mile, and falls within the Phoenix time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 85040 against Arizona and the nation.

On the economic side, the median household income for ZIP 85040 sits at $60,727 (16% below the Arizona average), while per-capita income is $25,719. The poverty rate stands at 23.2% and the unemployment rate at 4.8%. On housing, the median home value is $329,800 (2% below the state average) with median rent at $1,259 per month, and 47.9% of occupied units are owner-occupied, a direct signal of whether 85040 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 15.4% of adults hold a bachelor's degree or higher, the median age is 31, and the average commute is 27 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Maricopa County, so you can benchmark 85040 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 85040

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 85040.

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 · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 85040, Phoenix, AZ · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

29,352

Population

26.4

Area (sq mi)

1,114

People / sq mi

Phoenix

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 85040?

31.0

Median Age

49.7%

Male

50.3%

Female

23.3%

Foreign-Born

White 19.7%
African American 16.8%
Asian 2.5%
American Indian or Alaska Native 3.0%
Native Hawaiian or Pacific Islander 0.6%
Two or More Ethnicities 40.7%
Hispanic or Latino 63.0%

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?

$60,727

Median Household Income

-16% vs state

$25,719

Per Capita Income

23.2%

Poverty Rate

4.8%

Unemployment Rate

26.5 min

Mean Commute Time

How ZIP 85040 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$60,727 30th percentile higher than 30% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 44.1%
Bachelor's Degree or Higher 15.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

12,193

Total Housing Units

11,531

Occupied Units

662

Vacant Units

2.95

Avg Household Size

Occupancy Type

Owner 47.9%
Renter 52.1%

$329,800

Median Home Value

-2% vs state

$1,259

Median Rent

1983

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

-2.2%

YoY Change (2024)

439

HPI Index (2000 = 100)

+339%

Total Change Since 2000

Home values in ZIP 85040 have decreased 2.2% over the past year (2024). Since 2000, this ZIP has seen +339% cumulative appreciation.

Year Annual Change HPI Index
2020 +10.4% 269
2021 +17.6% 317
2022 +27.6% 404
2023 +11.1% 449
2024 -2.2% 439

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 1,424 business establishments in ZIP 85040, employing approximately 54,447 people with a combined annual payroll of $3,914,885,000.

1,424

Businesses

54,447

Employees

$3.9B

Annual Payroll

17

Industry Sectors

Industry Establishments % of Total
Wholesale trade 256 18.0%
Construction 214 15.0%
Manufacturing 164 11.5%
Retail trade 130 9.1%
Administrative and support and waste management and remediation services 100 7.0%
Other services (except public administration) 88 6.2%
Professional, scientific, and technical services 87 6.1%
Accommodation and food services 78 5.5%
Transportation and warehousing 71 5.0%
Health care and social assistance 64 4.5%
Real estate and rental and leasing 51 3.6%
Finance and insurance 48 3.4%
Educational services 26 1.8%
Information 22 1.5%
Management of companies and enterprises 14 1.0%
Arts, entertainment, and recreation 6 0.4%
Utilities 5 0.3%

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 85040 vs 85034 →

ZIP 85040 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 85040 ranks #6 by population — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 85040 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 85040 ranks #9 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
85034 Phoenix, AZ 5,582 2.0 mi
85042 Phoenix, AZ 40,962 2.7 mi
85006 Phoenix, AZ 25,742 4.3 mi
85044 Phoenix, AZ 37,993 4.6 mi
85004 Phoenix, AZ 4,965 4.0 mi
85003 Phoenix, AZ 9,369 4.3 mi
85008 Phoenix, AZ 56,145 4.6 mi
85041 Phoenix, AZ 54,947 4.9 mi
85007 Phoenix, AZ 14,040 4.7 mi
85282 Tempe, AZ 48,671 5.5 mi

More ZIP Codes in Maricopa County

85225 standard
Chandler, AZ
Pop: 69,810
85032 standard
Phoenix, AZ
Pop: 65,485
85308 standard
Glendale, AZ
Pop: 63,876
85204 standard
Mesa, AZ
Pop: 60,885
85301 standard
Glendale, AZ
Pop: 60,161
85281 standard
Tempe, AZ
Pop: 57,348

Related Areas

Maricopa County Phoenix, AZ Arizona

Frequently Asked Questions

What county is ZIP code 85040 in? ▼
ZIP code 85040 (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 85040? ▼
ZIP code 85040 in Phoenix, AZ has a population of 29,352 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 85040? ▼
The median household income in ZIP 85040 is $60,727, which is 20% below the national average of $76,288.
What is the average home value in ZIP 85040? ▼
The median home value in ZIP 85040 is $329,800, which is 19% above the national average of $278,155.
What is the demographic makeup of ZIP 85040? ▼
The largest racial group in ZIP 85040 is Two or More Ethnicities at 40.7%. Hispanic or Latino residents make up 63.0% of the population.
How many businesses are in ZIP code 85040? ▼
ZIP code 85040 has 1,424 business establishments employing approximately 54,447 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 85040? ▼
The top industries by establishment count in ZIP 85040 are: Wholesale trade (256), Construction (214), Manufacturing (164). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 85040? ▼
According to the FHFA House Price Index, home values in ZIP 85040 decreased by 2.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 339%. 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 85040? ▼
In ZIP code 85040, 44.1% of residents aged 25+ have a high school diploma or higher, and 15.4% 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 85040? ▼
The mean commute time for workers in ZIP code 85040 is 26.5 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 85040? ▼
In ZIP code 85040, approximately 47.9% of occupied housing units are owner-occupied and 52.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 85040? ▼
The poverty rate in ZIP code 85040 is 23.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Reading Census Demographics
How to interpret population, income, and education data from the Census Bureau.
Understanding ZIP Code Data
What ZIP codes are, how ZCTAs differ, and what the data reveals.
Best ZIP Codes for Families
Key factors to evaluate when choosing a family-friendly neighborhood.
ZIP Codes for Relocation
Data-driven tips for evaluating ZIP codes before a move.

Official Data Resources for Phoenix, AZ

Verify and explore additional data for this area using these official government sources.

U.S. Census Bureau
Official demographic, economic, and housing data from the American Community Survey.
HUD Fair Market Rents
Department of Housing and Urban Development rental cost estimates by metropolitan area.
FBI Uniform Crime Reports
Official crime statistics compiled from law enforcement agencies nationwide.
FHFA House Price Index
Federal Housing Finance Agency home value trends based on repeat sales and appraisals.

Read our methodology to see how this data is sourced, computed, and verified.