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Demographics and Economic
Reports
Quick Facts
Slogan: "The West's
Most Western Town"
Population: 215,030
(July 2002)
Size: 184.5 square
miles, stretching 31
miles from north to
south
Elevation: Average
is 1,248 feet above
sea level (Scottsdale
Airport field elevation
is 1,508 feet MSL)
Longitude & latitude:
111.93 degrees W, 33.50
degrees N
Climate: Average median
temperature is 70.3
F degrees, average precipitation
is 7.05 inches per year,
and average percentage
of sunny days per year
is 86 percent
Density: 1,109 people
per square mile; 2.22
persons per household
(July 2000)
Median age: 42.1 years
(July 2000)
Median household income:
$61,700 (July 2000 estimate)
Size rank: Fourth in
total area and fifth
in population within
Arizona (January 2000)
Education level: 42
percent of population
are college graduates,
28 percent have some
college, and 20 percent
are high school graduates
Seasonal residents:
34 percent from the
western states; 21 percent
from the southern states;
18 percent from the
northeastern states;
17 percent from the
north central states;
and 10 percent from
overseas
Number of visitors
annually: 7.2 million
visited Scottsdale during
1999
Housing: There are
90,669 occupied living
units in Scottsdale
(Census 2000)); 69.6
percent owned and 30.4
percent rented
Average cost of housing:
Home prices range from
$60,000 to $6+ million
with $228,000 as the
median price (1998).
Unemployment rate: 2.0
percent (June 2000)
Budget: Scottsdale's
fiscal year (July 1
- June 30) 2000/2001
operating budget was
approved at $335.7 million.
Financial rating: Scottsdale's
general obligation bond
rating was upgraded
to AAA, the highest
possible rating, by
Fitch IBCA in 1999.
Only 12 other cities
nationally enjoy the
same rating from Fitch.
Moody’s Investor
Service maintained Scottsdale’s
rating at Aa1 and Standard
& Poor’s maintained
our AA+ rating.
Property tax rate:
Among the lowest city
property tax rates in
Maricopa County, at
$1.38 per $100 assessed
valuation for Fiscal
Year 2000.
County: Maricopa County,
population 3,072,149
(Census 2000)
State: Arizona, population
5,130,632 (Census 2000)
Official food: Chili,
by 1994 mayoral proclamation
.
Scottsdale
Home Price Market
Watch
|
| Zip |
Median
Home Price |
Change
from 2002
|
Price
Per Sq Ft |
| 85250 |
$159,000 |
-4.40% |
$103 |
| 85251 |
$131,000 |
9.20% |
$96 |
| 85254 |
$215,750 |
-1.50% |
$111 |
| 85255 |
$310,625 |
2.90% |
$138 |
| 85257 |
$145,040 |
3.60% |
$101 |
| 85258 |
$232,000 |
-5.50% |
$129 |
| 85259 |
$292,835 |
-14.80 |
$134 |
| 85260 |
$210,000 |
1.90 |
$123 |
| 85262 |
$320,000 |
-17.30 |
$153 |
|
Source North Scottsdale
Times |
|