In Phoenix, Arizona, residents experience a vibrant urban lifestyle with generally good air quality. The city's average temperature of 75°F and abundant sunshine create an inviting outdoor environment, while rain is more common than snow. Homes, with a median age of around 24 years, offer a mix of modern and established options, priced at approximately $340,000. With an average home appreciation rate of about 5%, residents may find long-term value. Property taxes are moderate, around 0.76%. Homeownership is evenly balanced, with roughly 50% owning homes and 40% renting. A vacancy rate of approximately 10% ensures diverse housing choices, making Phoenix an attractive destination for dynamic urban living.