Tempe Real Estate: College Town, Ideal Suburban Community
Tempe is a city of approximately 175,000 residents that is located just southeast of Phoenix, the capital of Arizona. Home to Arizona State University, Tempe bordered by the cities of Phoenix, Scottsdale, Chandler, and Mesa. The bedroom community is also home to the headquarters of the airline, US Airways.
Tempe is a diverse community with residential options suited to buyers in most price ranges. From apartments near the campus of Arizona State University to single-family homes more suitable for families and larger estate properties, Tempe has it all. Generally speaking, Tempe is an affordable community, with larger single-family homes and high-rise condominiums listing in the mid- to high-$500,000 range. Much of the growth in the Tempe area occurred in the 1980s, so homes in the area are newer and many of the neighborhoods have a clean, master-planned feel.
Tempe Weather and Geography
Tempe, as with most of Arizona, enjoys warm, dry summers and mild, comfortable winter months. The balmy winters make Tempe and the surround cities popular with so-called "Snow Birds," residents of cold, northern regions of the United States who own winter homes in the city. With year-round sunshine and nearby mountain peaks, outdoor activities such as hiking, camping, and hunting are popular with Tempe residents.
As of the 2006 United States Census, were 63,602 households, and 33,645 families residing in Tempe. The population density was 3,959.4 people per square mile. The racial makeup of Tempe was 77.51% White, 3.66% Black or African American, 2.01% Native American, 4.75% Asian, 0.29% Pacific Islander, 8.49% from other races, and 3.30% from two or more races. 17.95% of the population was Hispanic or Latino of any race.
Just over 24% of Tempe households had children under the age of 18 living with them, 38.4% were married couples living together, 9.7% had a female householder with no husband present, and 47.1% were non-families.
28.5% of all households were made up of individuals and 4.6% had someone living alone who was 65 years of age or older. The average household size was 2.41 and the average family size was 3.05.
The age of Tempe residents was spread out, with 19.8% under the age of 18, 21.3% from 18 to 24, 33.2% from 25 to 44, 18.5% from 45 to 64, and 7.2% who were 65 years of age or older. The median age was 29 years. For every 100 females there were 106.9 males. For every 100 females age 18 and over, there were 107.1 males.
The median income for a household in Tempe was $42,361, and the median income for a family was $55,237. Males had a median income of $36,406, compared to $28,605 for females. The per capita income for the city was $22,406. About 7.5% of families and 14.3% of the population were below the poverty line, including 13.6% of those under age 18 and 5.1% of residents age 65 or over.