Living in Peoria, Arizona
Cost of living, income, home prices, rent and demographics of Peoria · Census data 2020–2024
Peoria has 196,906 residents with a median age of 41.7. The median household income is $95,815 (20% higher than the Arizona median), the median home value is $463,600, the median rent is $1,843/month.
Peoria at a glance
- Population
- 196,906
- Median age
- 41.7State: 39
- Median household income
- $95,815State: $79,964
- Median home value
- $463,600State: $394,500
- Median rent
- $1,843/moState: $1,543
- Homeowners
- 76%
- Bachelor's degree or higher
- 36.3%
- Average commute
- 28 min
Is Peoria a good place to live?
Pros: Median household income 20% higher than the Arizona median; unemployment of 4%; a poverty rate of 8.4%.
Cons: Home values 18% higher than the state median; an average commute of 28 minutes.
The weather is best in March–April and October–November.
Cost of living in Peoria
Housing is the biggest part of the cost of living. In Peoria the median home value is $463,600, 39% higher than the U.S. median. Renters pay a median of $1,843 per month, which is 33.8% of household income. Homeowners with a mortgage pay $1,958 a month in housing costs.
Peoria median household income
The median household income in Peoria is $95,815 and the income per person is $47,834. 8.4% of residents live below the poverty line (Arizona: 12.5%).
Housing in Peoria: homes for sale and rent
- Housing units
- 79,085
- Owner-occupied
- 76%
- Renter-occupied
- 24%
- Vacant
- 6.7%Includes seasonal homes
- Median year built
- 1999
- Average household size
- 2.64
Peoria demographics
- Population
- 196,906
- Median age
- 41.7
- Under 18
- 22.7%
- 65 and older
- 19.6%
- Households
- 73,824
- Foreign-born
- 11.2%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Peoria ›
Education in Peoria
36.3% of adults 25 and older in Peoria have a bachelor's degree or higher (Arizona: 33.3%), and 14.1% have a graduate or professional degree.
Jobs and commute in Peoria
- Unemployment rate
- 4%State: 5.1%
- Average commute
- 28 minState: 25 min
- Work from home
- 22.8%
- Drive alone
- 66.2%
- Public transit
- 0.3%
- Walk to work
- 0.8%
- Homes with broadband
- 94.5%
Peoria vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Peoria | 196,906 | $95,815 | $463,600 | $1,843 |
| Sun City West | 27,425 | $63,685 | $377,800 | $1,672 |
| Surprise | 154,948 | $96,711 | $435,100 | $2,033 |
| Anthem | 22,584 | $120,613 | $569,900 | $2,548 |
| Sun City | 37,486 | $54,586 | $280,900 | $1,569 |
| Circle City | 1,089 | $41,875 | $214,700 | $850 |
| El Mirage | 36,088 | $78,050 | $321,900 | $1,806 |
| Youngtown | 7,015 | $68,321 | $320,000 | $1,157 |
| New River | 18,240 | $134,289 | $640,600 | $1,948 |
More for people moving to Peoria
Peoria ZIP code ›Weather and climate ›Living in Peoria: FAQ
What is the median household income in Peoria, AZ?
The median household income in Peoria is $95,815, 20% higher than the Arizona median of $79,964 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Peoria?
The median home value in Peoria is $463,600, compared with $394,500 in Arizona.
How much is rent in Peoria?
The median gross rent in Peoria is $1,843 per month, about 33.8% of household income.
Is Peoria, AZ a good place to live?
Pluses: median household income 20% higher than the Arizona median; unemployment of 4%; a poverty rate of 8.4%. Minuses: home values 18% higher than the state median; an average commute of 28 minutes.
What is the median age in Peoria?
The median age in Peoria is 41.7 years (Arizona: 39).
How long is the commute in Peoria?
The average commute to work in Peoria is 28 minutes; 22.8% of workers work from home.
What is the unemployment rate in Peoria?
The unemployment rate in Peoria is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Peoria?
36.3% of adults in Peoria have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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