Income & Economy in Phoenix city, AZ (85053)
Median Income
$66,870
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+997
Wealth inflow
Population
29,719
Unemployment
6.6%
2.9pp above US avg
IRS migration statistics show a net inflow of about 997 for ZIP 85053 (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 85053 (2020–Present)
Since 2020, population declined 5.3%, median income rose 6.2% (inflation-adjusted), home values increased 25.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $66,870 |
| Unemployment | 6.6% |
| Establishments | 515 |
| Employees | 9,403 |