The typical owner-occupied home in Scottsdale is worth about $789,800, 2.0 times the Arizona median of $394,500 and 2.4 times the national median of $332,700. Owners pay a median $2,956 a year in property taxes, about 0.37% of their home's value, lower than the Arizona rate of 0.48%. The median household earns $110,886 a year, so the median home costs 7.1 times the median income (4.9 times for Arizona). 67% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Scottsdale at a glance
| Scottsdale | Arizona | U.S. | |
|---|---|---|---|
| Median home value | $789,800 | $394,500 | $332,700 |
| Median property tax paid per year | $2,956 | $1,879 | $3,119 |
| Property tax as a share of value | 0.37% | 0.48% | 0.94% |
| Median household income | $110,886 | $79,964 | $80,734 |
| Homes lived in by their owners | 67% | 67% | 65% |
| Owner homes with a mortgage | 60% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $2,577 | $1,803 | $1,963 |
| Those costs as a share of the owners' income | 20.7% | 20.5% | 21.0% |
| Median rent | $2,013 | $1,543 | $1,413 |
| Rent as a share of renters' income | 29.2% | 30.8% | 30.6% |
| Median year homes were built | 1991 | 1992 | 1980 |
| Vacant homes | 14.8% | 10.5% | 10.1% |
| Population | 243,821 | 7,378,838 | 334,922,499 |
What a typical home costs per month in Scottsdale
At this week's average 30-year rate of 7.11%, buying the median Scottsdale home of $789,800 with 20% down costs about $4,823 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,266, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $206,702 for the 20%-down payment. That payment is 52% of the median Scottsdale household income of $110,886; at that income and 20% down, the 28% guideline points to a home of about $424,000.
The median rent here is $2,013 a month, so owning the median home costs about $2,810 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $157,960 |
|---|---|
| Loan amount | $631,840 |
| Principal and interest | $4,250 |
| Property taxes (0.37% a year) | $244 |
| Homeowners insurance (our estimate, 0.5% a year) | $329 |
| PMI | $0 |
| Total per month | $4,823 |
Change the numbers in the calculator
| Down payment | $27,643 |
|---|---|
| Loan amount | $775,495 |
| Principal and interest | $5,217 |
| Property taxes (0.37% a year) | $244 |
| Homeowners insurance (our estimate, 0.5% a year) | $329 |
| FHA mortgage insurance | $476 |
| Total per month | $6,266 |
Change the numbers in the calculator
Questions about home buying in Scottsdale
What is the median home value in Scottsdale?
About $789,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Scottsdale?
Homeowners pay a median $2,956 a year, which is about 0.37% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Scottsdale?
For the median home with 20% down at 7.11%, the payment is about $4,823 a month. Keeping that under 28% of gross income takes about $206,702 a year.
More about Scottsdale
- Mortgage Refinance in Scottsdale
- Debt Relief in Scottsdale
- Home Equity Loans in Scottsdale
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data