Net Worth Percentile in Phoenix
Your national net worth ranking uses Federal Reserve SCF data and is the same wherever you live. But Phoenix’s cost of living is 3% above the national average (COL index: 103), which changes what your net worth actually buys.
Purchasing power in Phoenix
Based on BLS 2023 Consumer Expenditure Survey ($75,156/yr in Phoenix).
Phoenix — key figures
Calculate your net worth rank
Total assets (home equity, investments, retirement, savings) minus total debts (mortgage, loans, credit cards). Negative values are fine.
Frequently asked questions
What net worth puts you in the top 10% in Phoenix?
Nationally, the top 10% of Americans ages 45-54 have a net worth of roughly $1.7M or more. In Phoenix, where cost of living is 3% above the national average (COL index: 103), that $1.7M covers approximately 22.6 years of living expenses compared to 23.3 years at the national average.
How does Phoenix's cost of living affect my net worth ranking?
Phoenix has a cost of living index of 103 (US average = 100). Your national percentile ranking uses Federal Reserve SCF data and is the same regardless of where you live. But your purchasing power differs: $1M in Phoenix covers 13.3 years of average living expenses, versus 13.7 years at the national average.
What is the median household income in Phoenix?
The median household income in Phoenix is $64,927 per year. The national median household income is approximately $74,580 (Census ACS 2023).
What is the median home price in Phoenix?
The median home sale price in Phoenix metro area is approximately $395,000 (2024). For a household with $500K in net worth, that represents 127% of the median home price.