Quick facts: Sedona, AZ

Quick Facts

104.3
Cost of Living
above US average
9,790
Population
16.14
Crime Rate per 1000
below US average
$62,901
Median Income
below US average
$799,000
Median House Price
above US average
$6006.21
Average Rent
above US average
10%
Poverty Rate
below US average
3.3%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $62,901.

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Income Needed to Buy

βœ— Stretch
$251k/year
Based on $799,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $251k vs median $62,901
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Income Needed to Rent

⚠ Stretch
$257k/year
Based on $6006.21/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $257k vs median $62,901
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Sedona, AZ

Sedona, Arizona, is a picturesque town known for its stunning red rock formations, vibrant arts scene, and outdoor recreational opportunities. Nestled in the northern part of the state, Sedona is a popular destination for both nature enthusiasts and spiritual seekers. The area's iconic red sandstone formations, such as Cathedral Rock and Bell Rock, provide breathtaking views and hiking opportunities. Sedona boasts a mild climate with over 300 days of sunshine annually, making it ideal for year-round outdoor activities. In addition to hiking and mountain biking, visitors can enjoy jeep tours, hot air balloon rides, and scenic drives through the stunning landscape, particularly along the Red Rock Scenic Byway. Culturally, Sedona is known for its art galleries, shops, and local events that celebrate the vibrant community. The town is also famous for its energy vortexes, attracting those interested in wellness and spirituality. With its unique combination of natural beauty, artistic charm, and outdoor adventure, Sedona remains a favorite destination for travelers looking to explore the heart of Arizona.

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