El Mirage, Arizona is a mid-sized city with a population of 33,937 inhabitants. In El Mirage, there are 3,431 people per square mile, which is well above the national population density average. According to the most recent Census, 79% of El Mirage residents are White, 8% Black and 1% Asian. Additionally, more than a quarter of the population of El Mirage are of Hispanic or Latino origin, and 30% of the population also speak Spanish. If you are a young adult or student, you might be pleased to know that the average age of all El Mirage residents is 29.
If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a fulfilling experience if you are willing to get to know the town before actually living in El Mirage, Arizona. To help you find the best places to live in and around El Mirage, AreaVibes has created a livability score using key metrics like cost of living, weather, employment and more.
El Mirage, AZ receives 70 out of 100 for its livability score; this results in a ranking of #122 in Arizona and #11,306 in the USA. For each of the livability categories, we can establish that El Mirage ranks very well for amenities (B+), weather (B) and housing (B+). Regrettably for El Mirage, there are some categories for which it does not rank well, this includes: education (F) and employment (D-).
Conveniently located amenities and interesting attractions are a great way to continuously enjoy El Mirage on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops.
For buyers, real estate will be the largest purchase they ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their El Mirage apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in El Mirage. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in El Mirage are affordable. Median real estate prices in El Mirage come in at $124,800, which is 29.5% lower than the Arizona average. The home price to income ratio compares the median home prices to the median household income. In El Mirage, the home price to income ratio is 2.5, which is 28.6% lower than the Arizona average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in El Mirage were 10.5%, and the 5 year appreciation rates came in at 12.8%.