Arizona (AZ) · State tax: 2.5% · Property tax: 0.66% · Median home (ZHVI): $430,000
As of · Sources: Zillow ZHVI, Tax Foundation, Census ACS, Freddie Mac PMMS
Your savings rate — the percentage of gross income you save — is the most important factor in building wealth. In Arizona, the 2.5% state income tax reduces your gross-to-net income conversion, making a 20% gross savings rate more challenging. On a $80,000 salary, after federal, state, and FICA taxes, you might net around $55,600, meaning a 20% gross savings target ($16,000/year) represents about 29% of net pay. The cost of living index of 100.7 determines your expense floor — moderate living costs give you more room to save aggressively. Target at least 20% for financial independence, adjusting for Arizona's specific cost profile.
Median income + cost-of-living scale the savings rate for the savings rate calculator in Arizona. Every row cites a primary public dataset. Numbers reflect the most recent vintage available; refresh cadence is documented in the methodology.
The Savings Rate Calculator runs a well-known formula (principal × rate, discounted cash flow, amortization, or equivalent) client-side and layers on Arizona's tax and cost-of-living inputs. State-specific numbers — brackets, exemptions, and averages — come from public federal / state datasets cited in the sources section.
Same formula, different inputs. Each city name links to its own pSEO page where the calculator is pre-filled with local medians.
| City | Median home | Median rent | HUD FMR 2BR | Median income |
|---|---|---|---|---|
| Phoenix, AZ | $448,160 | $1,735/mo | $1,600/mo | $84,703 |
| Tucson, AZ | $342,047 | $1,448/mo | $1,325/mo | $67,929 |
| Scottsdale, AZ | $725,000 | $2,100/mo | $1,925/mo | $99,200 |
| Gilbert, AZ | $495,000 | $1,750/mo | $1,600/mo | $102,500 |
| Chandler, AZ | $475,000 | $1,700/mo | $1,575/mo | $95,800 |
Sources: Zillow ZHVI + ZORI[1], HUD FMR[2], Census ACS[3], Freddie Mac PMMS[4].
Moving one state over changes the savings rate numbers. Compare median home value (Zillow ZHVI), top marginal income tax rate, effective property tax rate, and the BEA all-items Regional Price Parity across Arizona and its border states.
| State | Median home | Top inc tax | Prop tax rate | RPP (US=100) |
|---|---|---|---|---|
| Arizona (this page) | $430,000 | 2.50% | 0.66% | 100.7 |
| check California | $770,000 | 13.30% | 0.76% | 112.2 |
| Colorado side-by-side | $560,000 | 4.40% | 0.51% | 101.9 |
| Nevada | $430,000 | None | 0.56% | 97.9 |
| check Utah | $505,000 | 4.55% | 0.58% | 95.7 |
Sources: Zillow ZHVI[1], state Departments of Revenue / Tax Foundation[2], Tax Foundation property taxes[3], BEA Regional Price Parities[4].
These calculators share inputs with the savings rate formula, so pair them to pressure-test your answer from multiple angles.
| Metric | Arizona | National Avg | CA | CO | NV |
|---|---|---|---|---|---|
| Median Home Price | $430,000 | $420,000 | $785,000 | $525,000 | $465,000 |
| Property Tax Rate | 0.66% | 1.07% | 0.76% | 0.51% | 0.6% |
| State Income Tax | 2.5% | 4.6%* | 9.3% | 4.63% | None |
| Avg Insurance Cost | $1,560/yr | $1,544/yr | $1,920/yr | $1,440/yr | $1,560/yr |
| Cost of Living Index | 100.7 | 100 | 138 | 110 | 109 |
| Household Income — p25 | $43,224 | $41,401 | $48,000 | $52,002 | $42,000 |
| Household Income — p50 (median) | $84,915 | $83,592 | $100,007 | $105,855 | $80,000 |
| Household Income — p75 | $145,084 | $153,000 | $182,510 | $176,554 | $140,000 |
*Average of states that levy an income tax. 2026 estimates. Arizona's 2.5% flat income tax is among the lowest of any state with an income tax.[3] Income percentiles from DQYDJ/Census CPS 2024[4].
Track take-home pay: 2.5% state income tax plus federal + FICA reduces gross wages by roughly 28% in Arizona.
Anchor savings goals to the Arizona cost of living index (100.7). A national 20% savings rate needs adjustment up or down depending on local expense floors.
Use tax-advantaged accounts first: 401(k), HSA, IRA. Contributions to pre-tax accounts save 2.5% at the state level plus your federal marginal rate.
Every number on this page reads from the same CalcFi data repository used by the Live Data pages below — the figures stay consistent.
Home Prices by State
Zillow ZHVI across all 50 states
Property Tax by State
Effective rate × ZHVI = annual bill
Household Income by State
FRED real median + percentile bands
Cost of Living by State
BEA RPP all-items + housing
No-Income-Tax States
Full list + trade-offs
Current Interest Rates
Treasury curve + PMMS + FDIC
CalcFi pSEO pages combine three inputs: (1) the calculator formula itself, which runs client-side so no inputs leave your browser; (2) state-level financial constants from primary public datasets; and (3) national benchmarks for comparison. The Arizona page uses the property tax rate (0.66%), median home price ($430,000), and 2.5% state income tax from the sources listed below.
Refresh cadence:state tax brackets and minimum wage rates are reviewed annually after each state's legislative session. Property tax, median home price, insurance, and cost-of-living figures are reviewed annually against the primary sources. Income percentiles are refreshed when the Census CPS/IPUMS releases update (typically September). Page-level dateModified matches the last editorial review date, shown above.
Known limits: statewide averages mask large intra-state variance — county-level property tax and metro-level home prices differ significantly from the figures shown. For the most precise calculations, cross-check the output against your actual county assessor and the latest federal/state tax tables at filing time.
Use Savings Rate Calculator for any city in Arizona.
Every number on this page cites a primary public dataset. Last reviewed (auto-bumped by the next ISR refresh after an ETL run).
CalcFi does not sell data. If you spot an error, email hello@calcfi.app with the URL and the correct figure.