WhereCanIAfford › Phoenix, AZ › On $125,000

Is Phoenix, AZ affordable on a $125,000 salary?

A STRETCH On $125,000/yr, the typical $441,097 home in Phoenix, AZ needs $138,099/yr ($3,222/mo). Your gap: $-13,099 — housing would be 30.9% of your gross income.

The math

441,097 price − 10% down (44,110) = 396,987 loan
30-yr fixed at 7.18% on 396,987 = 2,689/mo principal+interest
+ 533/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
3,222/mo PITI ÷ 0.28 = 11,508/mo → 138,099/yr required

against Zillow ZHVI 2026-09 and the 7.18% FRED 30-yr rate (2026-11-05).

What salary WOULD clear Phoenix, AZ?

You need about $138,099/yr for the typical home. That's $13,099 more than $125,000.

On $100,000? On $150,000? On $175,000?

See the full Phoenix, AZ affordability breakdown → or every metro you can afford on $125,000 →