Cost of Living in Parker, AZ

Population 3,379 · Arizona · Data vintage 2023

80
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Parker a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $253,000.

Parker lies roughly 105 miles west of the nearest major metro, Surprise — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 36% lower than Surprise's $396,000.

Cost Overview

Housing 83
Rent 75

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Parker

The median home value in Parker is $253,300 — 17% below the national median of $305,000. Median rent runs $992/month, 25% lower than the national median of $1,314/month. The median household income of $74,643/year is equal to than the US median of $74,580. The local unemployment rate is 5.6%, above the national average of 4.8%. Arizona's top state income tax rate is 2.5% and the combined sales tax is 8.4%. Overall, Parker has a cost of living index of 80 versus the US average of 100, meaning it is 20% less expensive.

🏠 Housing

Median Home Value
$253,300
17% below avg
Zillow Home Value
$347,941
Zillow ZHVI
Median Rent
$992/mo
25% below avg
Price-to-Rent Ratio
21.3x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$985
1 BR
$1,055
2 BR
$1,373
3 BR
$1,877
4 BR
$2,092
Owner-occupied 59.4%
Renter-occupied 40.6%

💰 Estimated Monthly Budget

Rent median rent
$992
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,606/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
12.0 min
56% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.0%

Commute Mode

Drove alone
77.5%
Carpooled
9.7%
Walked
1.7%
Bicycle
0.1%
Work from home
11.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 2.5%
Total Sales Tax 8.4%
State rate 5.6%
Avg local rate 2.8%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$74,643
0% below avg
Per Capita Income
$40,377
Unemployment Rate
5.6%
17% above avg
Poverty Rate
10.7%
Labor Force Participation
67.8%

🎓 Education

Bachelor's degree+ 15.6%
Graduate degree 7.1%

👥 Demographics

Median Age 35.5
Male median age 33.1
Female median age 38.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 45 — Good
70.6%
Good air days/yr
126
Max AQI recorded
6
PM2.5 days
345
Ozone days

Frequently Asked Questions

What is the cost of living in Parker, AZ?

Parker has a cost index of 80 (100 = national average). It is 20% below the national average.

What is average rent in Parker, AZ?

The median gross rent in Parker is $992 per month based on 2023 Census data.

What is the average home price in Parker?

The median home value in Parker is $253,300 according to Zillow and Census data.

What is the median income in Parker?

The median household income in Parker is $74,643 per year (2023 ACS 5-year estimates).

What is the sales tax in Parker, AZ?

The combined state and local sales tax rate in Parker is 8.4%. The Arizona state income tax top rate is 2.5%.

Is Parker, AZ affordable?

Yes, Parker is generally considered affordable, with a cost of living index of 80 — about 20% below the US national average of 100.

Parker at a Glance

Population
3,379
Median Income
$74,643
Home Value
$253,300
Median Rent
$992/mo
Unemployment
5.6%
Sales Tax
8.4%
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Explore county-level cost of living data

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