Anthem, AZ

Very High · 156

Arizona · Population 22,622 · Updated March 2026

$2,258
Median Rent / Month
$117,846
Median Income
$516,200
Median Home Value
$1,966
Owner Costs / Month

Affordability

How far your income goes in Anthem

23.0%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Arizona

State-level tax rates that affect your costs

2.5%
Income Tax (Top Rate)
5.6%
Sales Tax
0.62%
Property Tax Rate

Estimated Annual Costs

$27,096
Annual Rent
$2,946
State Income Tax
$3,200
Property Tax (est.)

Cost of Living Overview

Anthem has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 156 (where 100 equals the national median), Anthem residents can expect to pay median rent of $2,258/month while earning a median household income of $117,846/year.

The median home value in Anthem, AZ is $516,200, with typical monthly owner costs around $1,966 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.0% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Arizona has a moderate income tax rate of 2.5%. Combined with a 5.6% sales tax rate and 0.62% effective property tax rate, the overall tax environment is a factor in the total cost of living in Anthem.

Frequently Asked Questions

Common questions about living costs in Anthem

What is the cost of living in Anthem, AZ?
The cost of living index in Anthem, AZ is 156 (US average = 100). Median monthly rent is $2,258, median household income is $117,846/year, and the median home value is $516,200.
Is Anthem, AZ affordable?
No, Anthem is more expensive than the national average with a cost index of 156. The rent-to-income ratio is 23.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Anthem, AZ?
The median gross rent in Anthem, AZ is $2,258 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $27,096.
What is the median household income in Anthem?
The median household income in Anthem, AZ is $117,846 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Arizona?
Arizona has a top income tax rate of 2.5%, a sales tax of 5.6%, and an effective property tax rate of 0.62%.