Tucson, AZ Community Information

Tucson, AZ Homes for Sale

Tucson Metro and Neighborhood Information

A mere 60 miles north of Mexico, Tucson, AZ, has grown into a modern minimetropolis of nearly a million people without entirely sacrificing its historic quarters. Now equal parts college town and retirement community, it's one of the more attractive big cities of the Southwest.

Much of Tucson's economic development has been revolved around the University of Arizona, which is currently the second largest employer in the city. Davis-Monthan Air Force Base, located on the southeastern edge of the city, also provides many jobs for Tucson residents. Its presence, as well as the presence of a U.S. Army Intelligence Center (Fort Huachuca, the largest employer in the region in nearby Sierra Vista), has led to the development of a significant number of high-tech industries, including government contractors in the area. Tourism is another major industry in Tucson, which has many resorts, hotels, and attractions.

Flocking 'snowbirds'

In addition to vacationers, a significant number of winter residents, or what locals call, 'snowbirds,' are attracted by Tucson's mild winters and affordable housing. The median home price in Tucson is $243,000. Snowbirds often purchase second homes in Tucson and nearby areas, contributing significantly to the property tax base and local economy. Other snowbirds and perpetual travelers can be seen in large numbers arriving in autumn in large RV's towing small cars.

Expansive and covering a large area, this beautiful metropolis is home to many distinct neighborhoods. Downtown Tucson is undergoing a revitalization effort by city planners and the business community. The primary project is Rio Nuevo, a large retail and community center that has been in planning for more than 10 years. The area is divided into the Presidio District, Convention District and the Congress Street Arts and Entertainment District.

As one of the oldest parts of town, Central Tucson is anchored by the Broadway Village shopping center designed by local architect Josias Joesler at the intersection of Broadway Boulevard and Country Club Road. The 4th Avenue Shopping District, between downtown, the university and the Lost Barrio neighborhood, is also know for its unique and popular stores.

North Tucson includes the urban neighborhoods of Amphitheater and Flowing Wells. Many of the city's most upscale boutiques, restaurants and art galleries are located in this area.

Also on the north side is the suburban community of Catalina Foothills, located in the foothills of the Santa Catalina Mountains just north of the city limits. This community includes among the area's most expensive homes, commonly multimillion dollar estates. The Foothills area is generally defined as north of River Road, east of Oracle Road and west of Sabino Creek. Some of the area's major resorts are located in the Catalina Foothills, including the Hacienda Del Sol, Westin La Paloma Resort and Canyon Ranch Resort. La Encantada, an upscale outdoor shopping mall, is also in the Foothills. The foothills area is home to Tohono Chul Park, a botanical garden near the intersection of Oracle Road and Ina.

Many young families in recent years have headed out to northwest side of Tucson, where master-planned communities such as Continental Ranch (Marana), Dove Mountain (Marana), and Rancho Vistoso (Oro Valley) are located. The area has experienced rapid growth and is the home to thousands of new residents. From the forested flanks of Mount Lemmon to the rolling foothills of Saguaro National Park, this gorgeous Southwest city offers picturesque landscapes and affordable homes. So start your Tucson real estate search today!

Sources and more information:
http://en.wikipedia.org/wiki/Tucson,_Arizona
http://www.tucsonaz.gov/index.php
http://travel.yahoo.com/p-travelguide-807497-tucson_tucson-i;_ylt=AnCO16gvFByvbZQItAzAc6s1FmoL

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Ajo (9)
Arivaca (47)
Catalina (204)
Corona (387)

Marana (512)
Mount Lemmon (49)
Oro Valley (956)
Rillito (1)

Saddlebrooke (202)
Sahuarita (1,026)
Santa Rita (387)

Santa Rita Foothills (387)
Vail (387)
Why (9)

Tucson, AZ Community Information

Population

923,214

Median Age

35.7

Median Household Income

$52,806

Households with Children

45.72%

Median Travel Time to Work

25 minutes

Tucson, AZ Real Estate Market Information

Homes Owned

62.77%

Homes Rented

31.15%

Homes Vacant

6.08%

Tucson, AZ Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

10:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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Tucson, AZ School Information

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.