Tempe, Arizona Income Statistics

Tempe Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.

  • C
    Tempe Below average

Source: Map AI Methodology

Income Statistics Overview

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Metric Tempe Arizona Avg US Average
Median Household Income $80,515 $80,381 $80,455
Median Personal Income $56,374 $56,905 $60,758
Average Yearly Income Growth 6.0% 5.7% 4.8%
Six-Figure Earners 12.1% 12.5% 13.9%
$200k+ Households 10.8% 11.6% 13.2%

The median household income in Tempe is about the same as in Arizona. Income has been growing faster in Tempe (6.0%/yr) than in Arizona (5.7%/yr).

About 12% of adults in Tempe earn six figures ($100,000 or more) a year, about the same as the Arizona average of 12%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Tempe
United States

Median household income in Tempe, Arizona grew by 63.7% from 2009 to 2024, reaching $80,515 in 2024. That's an average of about 6.0% per year.

Tempe stayed below the U.S. median household income from 2009 to 2023, starting 3.8% lower, and overtook it in the latest figures (2024), at 0.1% higher.

Year Tempe United States

Income Distribution in Tempe

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Tempe
United States

Income range calculator

About 30,790 households (39.9% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 19.0% of households in Tempe had an income under $35,000 and 20.1% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Tempe has a larger share of households earning $100,000 to $149,999 (19.8% vs 17.4%) and a smaller share earning $200,000 or more (10.8% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 5,079 6.6% 5.1%
$10,000 to $14,999 1,947 2.5% 3.5%
$15,000 to $24,999 3,370 4.4% 6.4%
$25,000 to $34,999 4,288 5.6% 6.7%
$35,000 to $49,999 8,137 10.5% 10.1%
$50,000 to $74,999 13,548 17.6% 15.5%
$75,000 to $99,999 9,987 12.9% 12.6%
$100,000 to $149,999 15,293 19.8% 17.4%
$150,000 to $199,999 7,163 9.3% 9.5%
$200,000 or more 8,333 10.8% 13.2%

Shares are of all 77,147 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).

Income Inequality and the Gender Pay Gap in Tempe

Metric Tempe Arizona Avg US Average
Gini Coefficient 0.539 0.548 0.552
Male Median Income $63,686 $65,388 $69,667
Female Median Income $56,116 $54,779 $56,850
Gender Pay Gap 11.9% 16.2% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Tempe, it is 0.539, lower than Arizona's 0.548, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 13% more than women's income in Tempe, Arizona. Over a 35-year career, a 13% wage gap accumulates to roughly $264,950 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Tempe, Arizona has widened from about 7% to 12% in 2024. Over that period the gap was widest at 15% in 2023. In dollar terms, the gap has widened by $4,931 since 2009.

Sharply against the trend: the pay gap in Tempe widened by 5.2 points while Arizona's narrowed by 0.9 points.

Year Male Income Female Income Gap %

Employment

Metric Tempe Arizona Avg US Average
Unemployment Rate 5.5% 5.1% 5.2%
Working from Home 21.3% 18.4% 15.0%
Commute time (minutes) 18 22 22

Approximately 6,408 people are unemployed in Tempe, Arizona.

The average commute time in Tempe is 18 minutes, shorter than the 22 minutes in Arizona.

Unemployment Rate Over Time

Tempe
United States

Since 2011, the unemployment rate in Tempe, Arizona has fallen from 9.2% to 5.5% in 2024. Over that period the rate peaked at 9.8% in 2012 and fell as low as 5.2% in 2019.

Tempe was above the U.S. unemployment rate from 2011 to 2012, slipped below it by 2013, falling as far as 1.4 points lower in 2016, then climbed back above it by 2020. In 2024 its rate was 0.3 points higher.

Year Tempe United States

Tempe, AZ Wealth Compared With Nearby Cities

How Tempe, AZ compares with the 1 cities closest to it.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Tempe, AZ 185,665 $80,515 #2/2 6.0%/yr #1/2 5.5% #2/2 0.539 #2/2
Chandler, AZ 269,220 $109,499 4.9%/yr 3.6% 0.519

Conclusion

Considering all these factors, Tempe, Arizona has an overall wealth index grade of C, making it about on par with Arizona, and about on par with the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Tempe, Arizona.

How Rich Is Tempe, Arizona?

Tempe has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $80,515, close to the Arizona average of $80,381.

Are incomes growing in Tempe, Arizona?

Between 2009 and 2024, the median household income in Tempe, Arizona rose 64%, from $49,193 to $80,515. Over the same years, income here outpaced Arizona as a whole: +64% against +60%.

What was the median household income in Tempe in 2023?

In 2023, the median household income in Tempe, Arizona was $77,869, up 8% from $71,827 in 2022. The Arizona median that year was $77,075.

What was the median household income in Tempe in 2020?

In 2020, the median household income in Tempe, Arizona was $61,746. By 2024 it had risen 30% to $80,515.

What is the Gini coefficient in Tempe, Arizona?

The Gini coefficient in Tempe is 0.539. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in Tempe, Arizona?

Since 2009, the income gap between men and women in Tempe, Arizona has widened from about 7% to 12% in 2024. Over that period the gap was widest at 15% in 2023. In dollar terms, the gap has widened by $4,931 since 2009.

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