Located in the state of Arizona, Tempe is a medium-sized city with a population of 174,708 residents. With a population density of 4,370 people per square mile, Tempe is well above the nation's average density level. The majority of Tempe residents report their race to be White; this is followed by Asian and Black. With an average age of 29 years old, Tempe could be a great place to live for young adults as this age is well below the national average.
Living in Tempe can be a good experience for anyone moving to the town. Having said that, in the state of Arizona, there are many incredible places to live, so choose wisely! To help you find the best places to live in and around Tempe, AreaVibes has created a livability score using key metrics like crime, cost of living, education, employment and more.
With a livability score of 72/100, Tempe is ranked #8,437 in the United States and #83 in Arizona. If we dig a little deeper into each category within the livability score, we see that Tempe has higher than average scores for the following: amenities (A+), weather (B+) and housing (B). There are some categories that Tempe ranks poorly for, including: crime (F) and education (F). It might be worth taking a closer look to figure out why.
Tempe real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Tempe. Median real estate prices in Tempe come in at $219,900, which is 24.3% higher than the Arizona average. The home price to income ratio compares the median home prices to the median household income. In Tempe, the home price to income ratio is 4.4, which is 25.7% higher than the Arizona average. Real estate appreciation rates in Tempe are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Tempe homes comes in at 7.3%, and the 5 year appreciation rates were 8.5%.
|Cyprus Southwest, Tempe||85||1.5||1,972|
|Alta Mira, Tempe||84||4.7||1,433|
|Optimist Park Nw, Tempe||83||1.6||1,150|