Scottsdale is known for its high-end brands, stores, boutiques, and vehicles, which come with a higher price tag. People are drawn to the city for its world-class lounges, tailors, spas, and hotels. As demand for housing increases in Arizona, the value of a home in Scottsdale is at an all-time low and will continue to rise. If you're looking for a home in the area, now is the best time to contact a local real estate agent who can help you find a home that meets your needs without breaking the bank.
When comparing the average price of a home in Scottsdale to the average price of a home in Phoenix, you'll find that Scottsdale's housing market is almost twice as expensive. Although Arizona has the eleventh highest sales tax rate of all 50 states, Scottsdale's lower sales tax rate brings it closer to the national average. Homeowners in Scottsdale also benefit from a lower property tax rate than the national or Arizona average. Scottsdale also offers great local amenities like the Scottsdale Fashion Square shopping center and Old Town Scottsdale.
The local sales tax rate is 8.050%, which includes Arizona sales tax, Maricopa County sales tax, and Scottsdale local rate. Phoenix's cost of living is seen in its housing market, making it clear that Scottsdale is much more expensive than its nearby capital.
