Fountain Hills, AZ

Very High · 140

Arizona · Population 23,768 · Updated March 2026

$1,781
Median Rent / Month
$104,788
Median Income
$575,200
Median Home Value
$1,456
Owner Costs / Month

Affordability

How far your income goes in Fountain Hills

20.4%
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

$21,372
Annual Rent
$2,620
State Income Tax
$3,566
Property Tax (est.)

Cost of Living Overview

Fountain Hills has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 140 (where 100 equals the national median), Fountain Hills residents can expect to pay median rent of $1,781/month while earning a median household income of $104,788/year.

The median home value in Fountain Hills, AZ is $575,200, with typical monthly owner costs around $1,456 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.4% 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 Fountain Hills.

Frequently Asked Questions

Common questions about living costs in Fountain Hills

What is the cost of living in Fountain Hills, AZ?
The cost of living index in Fountain Hills, AZ is 140 (US average = 100). Median monthly rent is $1,781, median household income is $104,788/year, and the median home value is $575,200.
Is Fountain Hills, AZ affordable?
No, Fountain Hills is more expensive than the national average with a cost index of 140. The rent-to-income ratio is 20.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Fountain Hills, AZ?
The median gross rent in Fountain Hills, AZ is $1,781 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,372.
What is the median household income in Fountain Hills?
The median household income in Fountain Hills, AZ is $104,788 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%.