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Metro Pulse Report

Phoenix, AZ

RisingMarch 2026
Population Δ % (5yr)
+2.7%
Source: Census ACS 2018→2023
Home Price Δ % YoY
+1.2%
Source: FHFA HPI Q4 2025
Median HH Income
$81,153
Source: Census ACS 2023
Median Gross Rent
$1,255
Source: Census ACS 2023
GDP Growth
+4.3%
Source: BEA RGDP
Employment Growth
+3.1%
Source: BLS QCEW
Avg Weekly Wage
$1,240
Source: BLS QCEW
Metro Population
5.1M
Source: Census ACS

Axiom Signal Scores

Analyst+

Composite signal groups derived from >50 public + proprietary data sources, normalized 0–100 across all US metros.

Business Vitality74/100 — Active
Population Momentum80/100 — Surging
Demographics62/100 — Favorable
Economic Strength70/100 — Solid
Development Pipeline78/100 — Booming
Accessibility46/100 — Car-Dependent
Safety & Environment56/100 — Low Risk
Amenity Demand68/100 — Well-Served
Metro composite average:67/100

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All 8 signal groups, the metro composite, and the per-cell scoring engine — Analyst $49/mo.

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Top Neighborhoods by Axiom Score

Analyst+

Highest-scoring micro-markets within Phoenix, AZ.

1Arcadia
2Locked
3Locked
4Locked
5Locked

Market Analysis

Data-driven narrative for Phoenix, AZ — March 2026.

Semiconductor manufacturing commitments from TSMC and Intel are reshaping Phoenix's economic identity beyond retirement and tourism. The east Valley corridor shows the strongest employment growth signals. Water supply concerns remain a structural risk that institutional investors are increasingly pricing into long-term CRE valuations.

Explore Phoenix, AZ on the Map

Score any address in Phoenix, AZ. See cell-level signal breakdowns, compare neighborhoods, and export reports.