Gold Canyon, AZ

Average · 106

Arizona · Population 12,488 · Updated March 2026

$1,213
Median Rent / Month
$85,833
Median Income
$469,600
Median Home Value
$1,097
Owner Costs / Month

Affordability

How far your income goes in Gold Canyon

17.0%
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

$14,556
Annual Rent
$2,146
State Income Tax
$2,912
Property Tax (est.)

Cost of Living Overview

Gold Canyon is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 106 (where 100 equals the national median), Gold Canyon residents can expect to pay median rent of $1,213/month while earning a median household income of $85,833/year.

The median home value in Gold Canyon, AZ is $469,600, with typical monthly owner costs around $1,097 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.0% 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 Gold Canyon.

Frequently Asked Questions

Common questions about living costs in Gold Canyon

What is the cost of living in Gold Canyon, AZ?
The cost of living index in Gold Canyon, AZ is 106 (US average = 100). Median monthly rent is $1,213, median household income is $85,833/year, and the median home value is $469,600.
Is Gold Canyon, AZ affordable?
No, Gold Canyon is more expensive than the national average with a cost index of 106. The rent-to-income ratio is 17.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Gold Canyon, AZ?
The median gross rent in Gold Canyon, AZ is $1,213 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,556.
What is the median household income in Gold Canyon?
The median household income in Gold Canyon, AZ is $85,833 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%.