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Source-led head-to-head · 2024 ACS

Moving from Richmond to Phoenix

Based on 2024 ACS 5-year data, Phoenix has higher median income ($81,332 vs $64,587) and higher median home value ($420,700 vs $353,000) than Richmond, but also higher median gross rent ($1,582 vs $1,372). Phoenix residents face a longer average commute (28 vs 23 minutes). While Phoenix applies a modeled 2.50% state income tax in the calculator, Richmond’s tax is excluded per data boundaries. The trade-off involves weighing Phoenix’s stronger income and home equity against its higher housing costs and commute time, with tax treatment differing by city due to data availability.

Corridor Direction & Trade-off Delta

Moving from Richmond to Phoenix

⇄ Switch to PhoenixRichmond
Median Rent Impact
+$210/mo

Moving to Phoenix costs ~$2,520 more/yr in rent.

State Tax Treatment
+2.5%

~$2,500 more state tax on a $100k salary in Arizona.

Daily Commute Difference
+5 min / day

Difference of ~42 hours per year spent commuting based on 2024 ACS midpoint averages.

Your move

Compare the life behind the offer.

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What matters most?

Directional estimate using ACS citywide benchmarks. Verified profiles may include a simplified state-tax reference; automatically added profiles exclude state tax until an official reference is approved. Exact tax, benefits, debt, housing, insurance, and personal circumstances may materially change the result.

LIVE VERDICTRICPHX
56/ 100

A close, nuanced move

Your modeled annual room improves.
Estimated annual life delta+$7,064after essentials; unverified state tax excluded
Take-home$69,208$78,792
Core costs$31,464$33,984
Commute time39 hours lost
Best gainA balanced income-to-rent profile with a low flat state-tax reference
Watch closelyThe $420,700 home-value benchmark is materially above Dallas despite similar commute time
See assumptions and methodology →
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The short answer

In the uniform one-person renting baseline, Richmond is about $2,520 lower per year. This is not a verdict by itself: replace city medians with the actual offer, address, household, benefits, insurance, and tax details before deciding.

Richmond household income$64,587
Phoenix household income$81,332
Richmond gross rent$1,372
Phoenix gross rent$1,582

Housing, income, and tax reference

MetricRichmondPhoenix
2024 ACS population229,3591,642,323
Median household income$64,587$81,332
Median gross rent$1,372$1,582
Median owner-occupied home value$353,000$420,700
State-tax treatmentExcluded2.5% simplified
Salary & Affordability Benchmark

How much do you need to earn to live in Phoenix?

2024 ACS Median Income

$81,332/yr

30% Rule for RentRecommended
$63,280 / year

To afford Phoenix's median gross rent of $1,582/mo at or below 30% of gross earnings, a household needs approximately $30.42/hour (full-time).

28% Rule for HomeownershipMedian Home
$106,671 / year

Modeled against Phoenix's median home benchmark of $420,700 (estimated $2,489/mo ownership carrying cost at typical 7.1% baseline).

Slide to test your income against local rent, taxes, and essentials.
$81,332gross/year
Affordability Status:Comfortable
Rent is 23% of gross income (33% of net pay)

At this income, median rent is only 23% of gross pay, leaving strong room for savings and essentials.

Monthly Budget AllocationEstimated Net Take-Home: $4,768/mo
Tax 30%
Rent 23%
Essentials 18%
Savings 29%
Taxes: $2,033/mo Rent: $1,582/mo Essentials: $1,250/mo Discretionary Margin: $1,936/mo

Time and daily routine

The commute-time distribution produces a weighted one-way estimate of about 23 minutes in Richmond and 28 minutes in Phoenix. This citywide estimate cannot capture a specific route, remote-work schedule, or transit choice, so the calculator converts it into an explicit time difference instead of hiding it in a subjective lifestyle score.

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Decision checklist

  • Median household income
  • Median gross rent
  • Median owner-occupied home value
  • Average one-way commute time

What each city wins

Richmond

Median rent is $1,372/month; median home value is $353,000.. Watch lower home values may reflect older housing stock or fewer amenities compared to higher-cost metros..

Phoenix

A balanced income-to-rent profile with a low flat state-tax reference. Watch the $420,700 home-value benchmark is materially above dallas despite similar commute time.

Frequently asked questions

Which city has a higher median household income according to the 2024 ACS?

Phoenix has a higher median household income at $81,332 compared to Richmond’s $64,587, based on the 2024 ACS 5-year estimates from Table B19013.

How do median gross rents compare between the two cities?

Phoenix’s median gross rent is $1,582 per month, which is $210 higher than Richmond’s $1,372, according to the 2024 ACS 5-year data from Table B25064.

Source boundary: Core figures come from the 2024 ACS five-year tables linked on each city profile. Commute is derived from B08303 midpoint weighting. A state-tax value without an approved official reference is excluded and disclosed. This comparison becomes index-eligible only after its unique analysis clears the content quality gate.

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