Income & Economy in Phoenix city, AZ (85004)
Median Income
$71,250
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+375
Wealth inflow
Population
11,178
Unemployment
7.5%
3.8pp above US avg
IRS migration statistics show a net inflow of about 375 for ZIP 85004 (Phoenix city, AZ) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 85004 (2020–Present)
Since 2020, population grew 35.9%, median income rose 16.4% (inflation-adjusted), home values increased 8.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $71,250 |
| Unemployment | 7.5% |
| Establishments | 1,236 |
| Employees | 34,220 |