Mesa Arizona Real Estate Living

With a population of 447,130, Mesa, Arizona offers real estate with a quality urban experience supported by a diversified economic base, education institutions of excellence, professional local government, sophisticated infrastructure and a superior workforce.

For business, residents and visitors alike, Mesa offers invaluable benefits, including a young, highly-skilled work force, sunshine more than 300 days each year; access to nearby outdoor activities, available housing and an affordable cost of living. These are the types of attributes that makes real estate in Mesa, whether purchasing a home or an investment property a smart choice.

Recently identified as America's largest "boomburb" by the Fannie Mae Foundation, Mesa has surpassed Miami, Fl; Minneapolis, MN; Pittsburgh, PA; St. Louis, MO; and Wichita, KS to become the 42nd largest city in the nation.

Mesa Median Home Price

The median price of a new home in Mesa is about $172,895, and the median price of a pre-owned home is about $141,000.

Population, 2004 - 447,130

Growth, 1990-2004 - 55.2%

Total Civilian Labor Force, 2002 - 221,804

Employed 203,803
Unemployed 18,002

Median Age, 2002 - 32.8

Under 20 29.5%
20 - 24 years 8.5%
25 - 59 years 44.2%
60 - 74 years 11%
75+ years 6.7%

Education, 2002

High school graduate 25.1%
Some college 37.3%
Bachelors degree 14.3%
Graduate or professional degree 6.7%

Median Household Income,2002 - $42,817
Real Estate, 2003

Median home price, new $172,895
Median home price, resale $141,000
Total housing units 192,828

Sales Tax Rate, 2002 7.8%

Population and Workforce

Between 1990 and 2004, Mesa's population grew an estimated 55 percent. Mesa's labor force totals over 220,000 and a pool of over a million workers reside within a 30 minute commute of the city.

Principal Industries

Mesa's economic base consists of aerospace/aviation, agribusiness, automotive, business services, education services, electronics, health services, electronics, manufacturing, retail and transportation services.

Mesa boasts eight regional employment centers and/or development corridors, including: Downtown Mesa, Falcon Airpark, Fiesta Quadrant, Power Road Corridor, Superstition Freeway Corridor, Superstition Springs, Union Pacific Business Corridor, and Williams Gateway Airport.

Mesa Education

Mesa is home to an impressive array of top-rated educational institutions and collaborative partnerships that focus on producing a work force that is not only technologically prepared, but also possesses a strong work ethic. Included are the following: Arizona State University East; Arizona School of Health Sciences; Chandler-Gilbert Community College; DeVry Institute of Technology; East Valley Institute of Technology; East Valley Think Tank; Embry-Riddle Aeronautical University; Keller Graduate School of Management; Mesa Community College; Ottawa University; University of North Dakota; and University of Phoenix.

Mesa Public Schools and Gilbert Public Schools have recently received a "Gold Medal" designation in the Education Quotient (EQ) Ratings, which is published annually in Expansion Management magazine. The Gold Medal is the highest award given, a distinction that only 18 percent of the school districts evaluated receive.

There are also approximately 35 charter schools and 14 private schools located near in Mesa.

Mesa Real Estate for You

We hope that in reviewing the information on this page and the properties available for sale at this time in the Mesa Arizona area, that you will be interested in real estate in this city.