Phoenix city, AZ
ZIP 85020 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Middle ClassLow Snow AreaRemote Work Hub
Income, employment, industries, and economic trends
Income & Economy in Phoenix city, AZ (85020)
Median Income
$78,412
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,138
Wealth inflow
Population
33,934
Unemployment
5.7%
2.0pp above US avg
IRS migration statistics show a net inflow of about 1,138 for ZIP 85020 (Phoenix city, AZ) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 85020 (2020–Present)
Since 2020, population declined 5.1%, median income rose 2.1% (inflation-adjusted), home values increased 28.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $78,412 |
| Unemployment | 5.7% |
| Establishments | 1,106 |
| Employees | 18,360 |