Sun Lakes, AZ

Above Avg · 117

Arizona · Population 14,079 · Updated March 2026

$1,875
Median Rent / Month
$63,545
Median Income
$425,500
Median Home Value
$935
Owner Costs / Month

Affordability

How far your income goes in Sun Lakes

35.4%
Rent-to-Income Ratio
Burdened
Rent takes more than 35% of median income — considered cost-burdened.

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

$22,500
Annual Rent
$1,589
State Income Tax
$2,638
Property Tax (est.)

Cost of Living Overview

Sun Lakes is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 117 (where 100 equals the national median), Sun Lakes residents can expect to pay median rent of $1,875/month while earning a median household income of $63,545/year.

The median home value in Sun Lakes, AZ is $425,500, with typical monthly owner costs around $935 including mortgage, insurance, and taxes. The 35.4% rent-to-income ratio indicates significant housing cost burden. Residents spend well over a third of their income on rent alone.

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 Sun Lakes.

Frequently Asked Questions

Common questions about living costs in Sun Lakes

What is the cost of living in Sun Lakes, AZ?
The cost of living index in Sun Lakes, AZ is 117 (US average = 100). Median monthly rent is $1,875, median household income is $63,545/year, and the median home value is $425,500.
Is Sun Lakes, AZ affordable?
No, Sun Lakes is more expensive than the national average with a cost index of 117. The rent-to-income ratio is 35.4%—above the 30%% affordability threshold.
What is the average rent in Sun Lakes, AZ?
The median gross rent in Sun Lakes, AZ is $1,875 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $22,500.
What is the median household income in Sun Lakes?
The median household income in Sun Lakes, AZ is $63,545 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%.