ZIP Code 85040 is associated with the U.S. city Phoenix in Arizona (Maricopa County). The current population estimate for the ZIP Code is 35,204. About 67.6% of residents in this Arizona region have a high school degree or higher, while the per capita income is estimated at $15,957. Approximately 24% of the population lives below the poverty line, while the median househould income sits at $41,418. The median age in ZIP Code 85040 is approximately 29.1 years, and 10.5% of the region's residents are aged 62 years and older.
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The median household income in ZIP Code 85040 is $41,418, while the region's mean household income is $49,928. Breaking income down further, per capita income in the region is $15,957. The per capita income in ZIP Code 85040 of $15,957 is approximately 48.01% less than the per capita income in the U.S. overall of $30,694. An estimated 23.8% of the population is living below the poverty line in this region. This rate is approximately150.53% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 19.0% of the population in 85040 earn $50,000 to $74,999 per year, while an estimated 18.4% earn $35,000 to $49,999 per year, and 0.7% of 85040 residents earn $200,000 or more per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 9.8% |
| $10,000 to $14,999 per year | 9.7% |
| $15,000 to $24,999 per year | 12.1% |
| $25,000 to $34,999 per year | 10.2% |
| $35,000 to $49,999 per year | 18.4% |
| $50,000 to $74,999 per year | 19.0% |
| $75,000 to $99,999 per year | 8.6% |
| $100,000 to $149,999 per year | 9.9% |
| $150,000 to $199,999 per year | 1.5% |
| $200,000 or more per year | 0.7% |
Looking at race in the population that makes up ZIP Code 85040, 98.1% is one race, while 1.9% are two or more races. Approximately 62.4% of 85040 residents are hispanic or Latino (of any race). The most common race in 85040 (race alone or in combination with one or more other races), is White (63.5%), followed by Black or African American (19.7%) .
| Industry | Percent |
|---|---|
| White | 63.5% |
| Black or African American | 19.7% |
| American Indian and Alaska Native | 4.4% |
| Asian | 2.2% |
| Native Hawaiian and Other Pacific Islander | 0.4% |
| Some other race | 11.7% |
Residents of ZIP Code 85040 are younger than average. The median age of 29.1 years in ZIP Code 85040 is approximately 23.62% lower than the overall median age in the U.S. of 38.1 years. About 69.1% of residents are aged 18 years and older, and 10.5% of residents are 62 years and over. Approximately 14.5% of the population in 85040 falls in the age group 25 to 34 years, while an estimated 13.2% are aged 35 to 44 years. On the low end of the scale, 1.3% of 85040 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 8.3% |
| 5 to 9 years | 8.5% |
| 10 to 14 years | 8.8% |
| 15 to 19 years | 9.5% |
| 20 to 24 years | 8.5% |
| 25 to 34 years | 14.5% |
| 35 to 44 years | 13.2% |
| 45 to 54 years | 11.4% |
| 55 to 59 years | 4.8% |
| 60 to 64 years | 4.0% |
| 65 to 74 years | 5.1% |
| 75 to 84 years | 2.1% |
| 85 years and over | 1.3% |
In ZIP Code 85040, 67.6% of the population graduated high school, while 11.4% have a bachelor's degree or higher. In this region, 16.3% achieved an education level less than 9th grade, while 4.0% hold a graduate or professional degree. Approximately 32.9% in this Maricopa County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 16.3% |
| 9th to 12th grade, no diploma | 16.0% |
| High school graduate (includes equivalency) | 32.9% |
| Some college, no degree | 18.1% |
| Associate's degree | 5.3% |
| Bachelor's degree | 7.4% |
| Graduate or professional degree | 4.0% |
One of the leading chronic health issues in ZIP Code 85040 is high cholesterol, as an estimated 31.2% of adults aged 18 and older deal with this issue. Another chronic health issue of concern for residents of 85040 is high blood pressure, as approximately 29.8% of adults 18 and older in this Maricopa County region contend with that issue.
| Health Issue | Percent of adults* |
|---|---|
| Diagnosed diabetes | 13.5% |
| Arthritis | 19.1% |
| High blood pressure | 29.8% |
| Cancer (excluding skin cancer) | 4.1% |
| Current asthma | 11.5% |
| Coronary heart disease | 5.4% |
| High cholesterol | 31.2% |
| Chronic kidney disease | 3.5% |
| Stroke | 3.4% |
One of the top preventative health measures in ZIP Code 85040 is cholesterol screening, as an estimated 75.7% of adults 18 and older take part in this preventive measure. Additionally, 71.9% of those 18 and above in 85040 list current access to health insurance, as a preventive measure. Common health risk behaviors in 85040 include obesity (38.7% of adults aged 18 and above) and sleeping less than 7 hours (37.2% of those 18 and older).
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 71.9% |
| Taking medicine for high blood pressure control | 67.8% |
| Visits to doctor for routine checkup | 65.8% |
| Cholesterol screening | 75.7% |
| Visits to dentist or dental clinic | 44.4% |
| Risk Behavior | Percent of adults* |
|---|---|
| Binge drinking | 15.9% |
| Current smoking | 20.3% |
| No leisure-time physical activity | 34.1% |
| Obesity | 38.7% |
| Sleeping less than 7 hours | 37.2% |
In 85040, 61.5% of the population is in the labor force. Recent estimates place 2.7% as working from home, while the total labor force in the region has a mean travel to time to work of 23.2 minutes. Approximately 17.7% of the employed population 16 years and over in 85040 work in educational services, and health care and social assistance, while an estimated 16.2% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.9% of 85040 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.9% |
| Construction | 9.6% |
| Manufacturing | 8.1% |
| Wholesale trade | 2.0% |
| Retail trade | 10.1% |
| Transportation and warehousing, and utilities | 6.7% |
| Information | 2.1% |
| Finance and insurance, and real estate and rental and leasing | 6.0% |
| Professional, scientific, management, and administrative | 16.2% |
| Educational services, and health care and social assistance | 17.7% |
| Arts, entertainment, and recreation, and accommodation and food services | 10.8% |
| Other services, except public administration | 7.1% |
| Public administration | 2.6% |
In ZIP Code 85040, 51.1% of the population lists "English only" as the language spoken in home, while 44.8% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.6% of homes, and other Indo-European languages are spoken in 1.8% of homes. Lastly, 1.6% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Maricopa County region.
| Language Spoken | Percent |
|---|---|
| English only | 51.1% |
| Spanish | 44.8% |
| Other Indo-European languages | 0.6% |
| Asian and Pacific Islander languages | 1.8% |
| Other languages | 1.6% |
The median home value in ZIP Code 85040 in March 2024 comes in at $332,575. The March 2024 value is approximately 2% higher than the $325,639 median value in October 2023, and 7% higher than the $312,005 median value in April 2023. Regarding the age of homes in ZIP Code 85040, an estimated 26.8% of homes were built between 2000 and 2009. Additionally, 19.6% of homes in the region were built between 1970 and 1979, while an estimated 2.3% of homes were built in 2014 or later in this Maricopa County region.
| Month | Home value |
|---|---|
| Mar 2024 | $332,575 |
| Feb 2024 | $331,162 |
| Jan 2024 | $330,118 |
| Dec 2023 | $329,064 |
| Nov 2023 | $327,596 |
| Oct 2023 | $325,639 |
| Sep 2023 | $322,861 |
| Aug 2023 | $319,900 |
| Jul 2023 | $316,665 |
| Jun 2023 | $314,504 |
| May 2023 | $312,853 |
| Apr 2023 | $312,005 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 2.3% |
| Built between 2010 and 2013 | 2.8% |
| Built between 2000 and 2009 | 26.8% |
| Built between 1990 and 1999 | 7.2% |
| Built between 1980 and 1989 | 6.7% |
| Built between 1970 and 1979 | 19.6% |
| Built between 1960 and 1969 | 13.8% |
| Built between 1950 and 1959 | 13.1% |
| Built between 1940 and 1949 | 4.9% |
| Built in 1939 or earlier | 2.8% |
Regarding consumer complaints about financial products in ZIP Code 85040, credit reporting or credit repair services have received the most complaints in 85040 in the past 12 months. Debt collection received the second most complaints. The most frequent complaint overall in this Maricopa County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or credit repair services | 21 |
| Debt collection | 7 |
| Credit card or prepaid card | 6 |
| Vehicle loan or lease | 3 |
| Checking or savings account | 2 |
| Other | 2 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 12 |
| Attempts to collect debt not owed | 6 |
| Problem with a credit reporting company's investigation | 6 |
| Improper use of your report | 4 |
| Managing the loan or lease | 2 |
| Other | 11 |
Regarding solar power potential, ZIP Code 85040 has an average daily solar radiation level of 6.59 kWh/m2/day. This is approximately 59.95% greater than an area in the U.S. with historically low solar radiation levels (WA), and about equal to an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 85040 | 10.85¢/kWh | 8.84¢/kWh | 6.1¢/kWh |
| Arizona | 14.46¢/kWh | 11.5¢/kWh | 8.2¢/kWh |
| United States | 16.1¢/kWh | 12.81¢/kWh | 7.81¢/kWh |
| Month | ZIP Code 85040 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 5.83 | 1.9 | 5.84 |
| Feb | 6.33 | 3 | 6.31 |
| Mar | 6.98 | 3.65 | 7.02 |
| Apr | 7.37 | 5.13 | 7.3 |
| May | 7.08 | 5.17 | 7.13 |
| Jun | 6.96 | 5.72 | 6.95 |
| Jul | 6.51 | 6.22 | 6.51 |
| Aug | 6.63 | 6.08 | 6.65 |
| Sep | 7.02 | 5.15 | 7.02 |
| Oct | 6.78 | 3.32 | 6.92 |
| Nov | 6.17 | 2.33 | 5.99 |
| Dec | 5.44 | 1.78 | 5.46 |