{"id":17125,"date":"2024-03-07T06:11:17","date_gmt":"2024-03-07T13:11:17","guid":{"rendered":"https:\/\/www.arizonafoothillsmagazine.com\/in-house\/?p=17125"},"modified":"2024-03-07T06:11:23","modified_gmt":"2024-03-07T13:11:23","slug":"the-most-least-expensive-zip-codes-in-arizona-report","status":"publish","type":"post","link":"https:\/\/www.arizonafoothillsmagazine.com\/in-house\/in-house-news\/the-most-least-expensive-zip-codes-in-arizona-report","title":{"rendered":"The Most & Least Expensive ZIP Codes in Arizona, Report"},"content":{"rendered":"\n
\"\"<\/a><\/figure>\n\n\n\n

When it comes to buying a home in Arizona, it\u2019s important to consider how certain ZIP codes compare in home prices. A recent study by American Home Shield<\/a> has revealed the most and least affordable ZIP codes in Arizona to help buyers know which neighborhoods offer the most budget-friendly properties.\u00a0<\/p>\n\n\n\n

Read on to discover which ZIP code in Arizona is best for buying a home within budget and which ZIP code would require buyers to step outside their budget the most. <\/p>\n\n\n

\n
\"\"<\/a>
American Home Shield<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n

To determine the most and least affordable ZIP codes in every state, American Home Shield ranked each U.S. ZIP code with over 10,000 residents according to its home price-to-household income ratio using data from Zillow and the U.S. Census. The ZIP code with the lowest ratio was ranked as the most affordable and the ZIP code with the highest ratio was ranked as the least affordable. <\/p>\n\n\n\n

According to the rankings, Globe, Ariz. is home to the state\u2019s most affordable ZIP code (85501), while Sedona, Ariz. is home to the state\u2019s least affordable ZIP code (86336). Globe had a home price-to-household income of 3.6, meaning homes in Globe are only 3.6 times the city\u2019s average income. On the other hand, Sedona\u2019s home price-to-household income was 17.3, putting home prices significantly outside of the city\u2019s average income. <\/p>\n\n\n\n

In the U.S., Flint, Michigan offers the most affordable ZIP code overall. Flint\u2019s ZIP code of 48505 is the best neighborhood for buyers to purchase a budget-friendly home in the country, as it is only 0.95 times the city\u2019s median average income. Conversely, Beverly Hills, Calif. offers the least affordable ZIP code overall. The area\u2019s 90210 ZIP code has the highest home price-to-household income in the country with homes costing 34.82 times the average income.\u00a0<\/p>\n\n\n

\n
\"\"<\/a>
American Home Shield<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n

To read American Home Shield\u2019s full report, click here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Discover which ZIP code in Arizona is best for buying a home within budget.\n","protected":false},"author":20,"featured_media":17133,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[1648,4791],"class_list":{"0":"post-17125","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-in-house-news","8":"tag-featured","9":"tag-real-estate-news","10":"cs-entry","11":"cs-video-wrap"},"yoast_head":"\nThe Most & Least Expensive ZIP Codes in Arizona, Report<\/title>\n<meta name=\"description\" content=\"Discover which ZIP code in Arizona is best for buying a home within budget.\" 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