2014 HUD Median Income for Arizona Counties

Family sitting in front of their home
Median household income is used for a variety of reasons, that include determining eligibility for low to moderate mortgage lending; also known as CRA (Community Reinvestment Act). Fannie Mae and Freddie Mac each have a special loan program that is partially based upon on the household median income (i.e. Home Possible Mortgage and the My Community Mortgage). If you are searching for a mortgage and your household income is at or lower than  the amounts displayed below, tell this to the lender or broker. The benefit may be a reduced down payment, closing cost assistance, grant money, reduced interest rate or lower mip/pmi.

The U.S. Census Bureau defines median household income as follows:
“Median income is the amount which divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount. Mean income (average) is the amount obtained by dividing the total aggregate income of a group by the number of units in that group. The means and medians for households and families are based on all households and families. Means and medians for people are based on people 15 years old and over with income”

2014 Arizona county median income

Arizona County MSA Area Median Income
APACHENON METRO AREA $46,600
COCHISESierra Vista-Douglas $51,900
COCONINOFlagstaff, AZ $57,900
GILANON METRO AREA $48,400
GRAHAMNON METRO AREA $52,800
GREENLEENON METRO AREA $54,500
LA PAZNON METRO AREA $46,600
MARICOPAPhoenix-Mesa-Glendale, AZ MSA $61,900
MOHAVELake Havasu City-Kingman, AZ $44,400
NAVAJONON METRO AREA $46,600
PIMATucson, AZ $56,300
PINALPhoenix-Mesa-Glendale, AZ MSA $61,900
SANTA CRUZNON METRO AREA $46,600
YAVAPAIPrescott, AZ $54,800
YUMAYuma, AZ $43,600