Tempe

Tempe, to the east of Phoenix, is well known as the home of Arizona State University. With over a quarter of the population being students, this is a university town.

The economy of Tempe is diversified with over 750 firms employing 32,000 people. There is a large high-tech component as well as bio-tech, research and development—fed by the University, and financial services.

The city of Tempe has two libraries, three museums, 48 parks, six indoor theaters, five golf courses, four swimming pools and many basketball, racquetball, volleyball and tennis courts, plus baseball and soccer fields.

Tempe Real Estate Statistics (2005)
Home Type:	SFR	Patio	Town
Units Sold:	1,479	106	491
Average:	$188,100	$134,149	$107,765
Median:	$899,900	$254,000	$258,000

Tempe Demographics
Population:	158,625	% Married:	38.4%
Median Age:	28.8	% with children:	24.4%

Local Taxes
School Property Tax1:	$7.29
City Property Tax1:	$1.40
County Property Tax:	3.45%
Sales Tax:	6.9%

¹ Per $1,000 Market Value

Additional Resources:

• The Official Tempe Site
• Tempe Chamber of Commerce

Charts showing home pricing and sales trends for the past eighteen months are available here. Charts and tables for the past six years are available here.

For detailed information on homes or neighborhoods, call or e-mail Jeff Kalina. For the best service, please fill out one of our forms. We have one for buyers and one for sellers of Scottsdale homes and property.