Quality of Life in Mesa, AZ for a High-Income Earner
Overview of Cost of Living
- Income: At $311,925 per year, this income is significantly higher than the median household income in Mesa, AZ, which is around $66,000.
- Cost of Living Index: Mesa’s cost of living is slightly above the national average, with a composite index rating of around 105.
- Comparison to National Average: While the cost of living in Mesa is higher than the national average, an income of $311,925 provides substantial financial flexibility and comfort.
Housing Market
- Median Home Price: The median home price in Mesa is approximately $400,000, which is slightly higher than the national median.
- Affordability: With this income level, purchasing a home in Mesa is easily attainable, offering the possibility of larger homes or homes in more desirable areas.
- Market Dynamics: The housing market in Mesa is competitive, but the budget of someone earning $311,925 provides significant leverage.
Quality of Life
- Lifestyle: A high income affords a luxurious lifestyle, including dining at upscale restaurants, engaging in recreational activities, and traveling.
- Community: Mesa offers a mid-sized city feel with a vibrant community atmosphere and a wide array of cultural and recreational options.
Access to Healthcare
- Healthcare Facilities: Mesa boasts a number of excellent medical facilities and hospitals, ensuring well-rounded access to healthcare.
- Healthcare Costs: With higher-than-average income, healthcare costs are more manageable, even if slightly above the national average.
Quality of K-12 Schools
- School System: Mesa is home to several highly-rated public and private schools, ensuring quality education for children.
- Educational Investment: A high income enables greater educational investment, such as private schooling or extracurricular opportunities.
Summary
Living in Mesa, AZ with an income of $311,925 per year equates to a high standard of living relative to both local and national benchmarks. The excess income provides excellent opportunities in terms of home purchasing, lifestyle choices, and family wellbeing. Residents can comfortably afford a desirable home, quality healthcare, and robust educational options for their children, all of which contribute to an overall high quality of life.
