Mesa, AZ variant. This is a Mesa, AZ-specific version of the Home Affordability Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Home Affordability Calculator.
Affording a home in Mesa pits the $78,700 median income against a $425,000 median price - a price-to-income ratio of 5.4x.
Can you afford Mesa?
The 28% rule caps housing at $1,836/month on the local median income, supporting roughly $363,160 in price - versus the $425,000 Mesa median.
Mesa is relatively attainable on the local median income.
About Mesa, AZ
Mesa applies Arizona state and local sales taxes, with a moderate overall tax burden.
Mesa's home prices have risen with the broader Phoenix metro and now sit above the national average.
Mesa is part of the greater Phoenix metropolitan area, with a cost of living somewhat above the national average.
Worked example: max price on $78,700
28% of $78,700 ÷ 12 ≈ $1,836/month supports about $363,160 at 6.5% with 20% down - compared with the $425,000 median.
Quick reference
- Median home value: $425,000
- Median rent: $1,700/mo
- Median household income: $78,700
- Local sales tax: 8.3%
- Effective property tax rate: 0.59%
- Cost of living index: 105 (US avg = 100)
Frequently Asked Questions
What income do I need to buy in Mesa?
To afford the $425,000 median home, you'd typically need well above the $78,700 local median income at current rates.
What is the price-to-income ratio in Mesa?
About 5.4x (median home ÷ median income).