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Housing and Cost of Living

No matter the choice, Chandler-living suits a variety of lifestyles and budgets. What doesn’t vary is the quality of the experience.  

Voted one of Money Magazine’s “100 Best Places to Live” and Chandler is the top city with a population more than 240,000. In addition to that distinction, Chandler was named one of the “5 Great Places to Live (and retire)” by AARP and among the “100 Best Communities for Young People” by the Alliance for Youth. Chandler has been named a top place for young people for the last three years, an extremely rare merit. People of all ages are glad to call Chandler home.

Chandler's current estimated housing units:  103,282
Source: Chandler Long Range Planning Division, May 1, 2017

Housing Opportunity Index 
The Housing Opportunity Index (HOI) for a given area is defined as the share of homes sold in that area that are affordable to a family earning the median income. 

Metropolitan Phoenix Composite

Composite Groceries Housing Utilities  Transportation Health Care  Misc.
95.9 95 96 95.1 100.5 99.6 94.

Source: ACCRA Cost of Living Index 2017


Housing Opportunity Index 

Location % of Home Affordable 
for Median Income
Median Family Income Median Sales Price National Affordability Rank
Salt Lake City, UT 70.7 73.8 273 113
Las Vegas, NV 65.5 59.8 225 128
Phoenix, AZ 65.4 62.9 238 129
Washington, DC 64.1 105.7 400 136
Chicago, IL 61.1 74.7 242 145
Austin, TX 58.6 77.8 280 157
Denver, CO 53.9 80.1 354 168
Boston, MA  51.2 90.8 400 175
Portland, OR 47.0 73.3 332 183
Seattle, WA 46.0 90.3 435 187
San Diego, CA 19.6 73.5 490 209
San Francisco, CA 7.8 104.7 1100 215

Source: National Association of Home Builders 2017 

 

Housing Opportunity Index by Ranking




Source: ACCRA Cost of Living Index

Data
Median Age: 35
Per Capita Income: $33,416
Average Household Size: 2.72
Median Home Value: $263,034           
Owner Occupied Households: 61%

Source: ESRI Business Analyst 2017
 
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