Arizona's Affordable Suburbs Lead the Nation

Finding affordable yet thriving suburbs has become a priority for many families and individuals, and Arizona has emerged as a standout in this search. According to a recent study by GoBankingRates, five of its cities—Buckeye, Maricopa, Goodyear, Sahuarita, and Marana—ranked among the 50 most affordable suburbs in the U.S. What makes these Arizona cities stand out?

Arizona's Affordable Suburbs: A Snapshot

Buckeye(Ranked No. 3): With a population surge of 27.63% from 2020 to 2022 and a July 2024 home value of $407,118, Buckeye is one of the nation's fastest-growing and most affordable suburbs.

Maricopa(Ranked No. 7): Maricopa saw an 18.36% population increase and boasts a median home value of $364,112, making it a prime location for those seeking growth and affordability.

Goodyear(Ranked No. 10): Goodyear's population grew by 16.79% during the same period, and its home value is $483,061, indicating its rising appeal.

Sahuarita (Ranked No. 32): With an 11.60% population increase and a home value of $366,557, Sahuarita offers a mix of growth and accessible housing.

Marana(Ranked No. 33): Marana experienced an 11.40% population increase and has a median home value of $441,998, making it a strong contender for affordability and livability.

Why Arizona Cities Are Leading

These Arizona suburbs are doing better for several key reasons:

1. Strategic Location and Expansion: Arizona's proximity to major urban centers like Phoenix provides residents access to big-city amenities while enjoying the slower pace of suburban life. Cities like Buckeye and Maricopa are becoming attractive alternatives as Phoenix expands.

2. Population Growth and Housing Demand: The substantial population growth in these cities signals a strong demand for housing. This growth is driven by job opportunities, affordable housing, and a desirable climate, which collectively attract new residents and stimulate the local economy.

3. Economic Opportunities: Arizona's economy is diverse, with industries ranging from technology to healthcare. This economic diversification supports job creation in suburban areas, making them appealing to families and professionals alike.

4. Affordability: Despite the rise in population and demand, these cities have managed to maintain relatively affordable home prices compared to other growing suburbs in the U.S. This balance of affordability and growth makes them attractive options for homebuyers.

The Bottom Line

Arizona's suburbs excel due to strategic location, robust population growth, economic opportunities, and housing affordability. These factors make cities like Buckeye, Maricopa, Goodyear, Sahuarita, and Marana affordable and desirable places to live.

Source: GoBankingRates