Cost of Living in Tanque Verde, AZ

Population 15,531 · Arizona · Data vintage 2023

178
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Tanque Verde's housing market reflects its status as a high-earning metro: $573,000 for a typical home, 88% above the US median, paired with household incomes around $119,212 that put it in the upper third of the state.

Tanque Verde sits roughly 11 miles northeast of Tucson — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 137% higher than Tucson's $242,000.

Cost Overview

Housing 188
Rent 163

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

About the Cost of Living in Tanque Verde

The median home value in Tanque Verde is $573,000 — 88% above the national median of $305,000. Median rent runs $2,145/month, 63% higher than the national median of $1,314/month. The median household income of $119,212/year is 60% higher than the US median of $74,580. The local unemployment rate is 5.0%, 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, Tanque Verde has a cost of living index of 178 versus the US average of 100, meaning it is 78% more expensive.

🏠 Housing

Median Home Value
$573,000
88% above avg
Median Rent
$2,145/mo
63% above avg
Price-to-Rent Ratio
22.3x
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 95.8%
Renter-occupied 4.2%

💰 Estimated Monthly Budget

Rent median rent
$2,145
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,759/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
31.3 min
16% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.8%

Commute Mode

Drove alone
75.8%
Carpooled
4.8%
Public transit
0.1%
Walked
0.8%
Bicycle
0.3%
Work from home
17.8%

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
$119,212
60% above avg
Per Capita Income
$65,451
Unemployment Rate
5.0%
3% above avg
Poverty Rate
2.3%
Labor Force Participation
49.7%

🎓 Education

Bachelor's degree+ 27.0%
Graduate degree 29.9%

👥 Demographics

Median Age 57.5
Male median age 57.1
Female median age 58

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 54 — Moderate
33.7%
Good air days/yr
147
Max AQI recorded
123
PM2.5 days
179
Ozone days

Frequently Asked Questions

What is the cost of living in Tanque Verde, AZ?

Tanque Verde has a cost index of 178 (100 = national average). It is 78% above the national average.

What is average rent in Tanque Verde, AZ?

The median gross rent in Tanque Verde is $2,145 per month based on 2023 Census data.

What is the average home price in Tanque Verde?

The median home value in Tanque Verde is $573,000 according to 2023 Census ACS data.

What is the median income in Tanque Verde?

The median household income in Tanque Verde is $119,212 per year (2023 ACS 5-year estimates).

What is the sales tax in Tanque Verde, AZ?

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

Is Tanque Verde, AZ affordable?

Tanque Verde is above average in cost of living, with an index of 178 — about 78% higher than the national average.

Tanque Verde at a Glance

Population
15,531
Median Income
$119,212
Home Value
$573,000
Median Rent
$2,145/mo
Unemployment
5.0%
Sales Tax
8.4%
View all cities in Arizona →
🗺️ County data for Arizona

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs