The typical owner-occupied home in Maricopa is worth about $377,200, 4% below the Arizona median of $394,500 and 13% above the national median of $332,700. Owners pay a median $2,200 a year in property taxes, about 0.58% of their home's value, higher than the Arizona rate of 0.48%. The median household earns $96,391 a year, so the median home costs 3.9 times the median income (4.9 times for Arizona). 84% of occupied homes here are lived in by their owners, and 81% of those owners still have a mortgage.
Maricopa at a glance
| Maricopa | Arizona | U.S. | |
|---|---|---|---|
| Median home value | $377,200 | $394,500 | $332,700 |
| Median property tax paid per year | $2,200 | $1,879 | $3,119 |
| Property tax as a share of value | 0.58% | 0.48% | 0.94% |
| Median household income | $96,391 | $79,964 | $80,734 |
| Homes lived in by their owners | 84% | 67% | 65% |
| Owner homes with a mortgage | 81% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,849 | $1,803 | $1,963 |
| Those costs as a share of the owners' income | 21.4% | 20.5% | 21.0% |
| Median rent | $1,998 | $1,543 | $1,413 |
| Rent as a share of renters' income | 31.0% | 30.8% | 30.6% |
| Median year homes were built | 2007 | 1992 | 1980 |
| Vacant homes | 9.4% | 10.5% | 10.1% |
| Population | 67,163 | 7,378,838 | 334,922,499 |
What a typical home costs per month in Maricopa
At this week's average 30-year rate of 7.11%, buying the median Maricopa home of $377,200 with 20% down costs about $2,369 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,998, 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 $101,547 for the 20%-down payment. That payment is 29% of the median Maricopa household income of $96,391; at that income and 20% down, the 28% guideline points to a home of about $358,000.
The median rent here is $1,998 a month, so owning the median home costs about $371 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $75,440 |
|---|---|
| Loan amount | $301,760 |
| Principal and interest | $2,030 |
| Property taxes (0.58% a year) | $182 |
| Homeowners insurance (our estimate, 0.5% a year) | $157 |
| PMI | $0 |
| Total per month | $2,369 |
Change the numbers in the calculator
| Down payment | $13,202 |
|---|---|
| Loan amount | $370,368 |
| Principal and interest | $2,491 |
| Property taxes (0.58% a year) | $182 |
| Homeowners insurance (our estimate, 0.5% a year) | $157 |
| FHA mortgage insurance | $167 |
| Total per month | $2,998 |
Change the numbers in the calculator
Questions about home buying in Maricopa
What is the median home value in Maricopa?
About $377,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Maricopa?
Homeowners pay a median $2,200 a year, which is about 0.58% 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 Maricopa?
For the median home with 20% down at 7.11%, the payment is about $2,369 a month. Keeping that under 28% of gross income takes about $101,547 a year.
More about Maricopa
- Mortgage Refinance in Maricopa
- Debt Relief in Maricopa
- Home Equity Loans in Maricopa
- 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