Truvizo facts for Tempe, AZ
Downtown Tempe is alive with urban energy. Top finance, insurance and real estate companies such as Chase, Silicon Valley Bank, ADP and the regional headquarters for State Farm Insurance made Tempe their choice for top talent and atmosphere.
Tempe, also known as Hayden's Ferry during Arizona's territorial times, is named after the Vale of Tempe in Greece. It is the home of Arizona State University and always busy with sporting and other events of one kind or another.
Average price per square foot
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Retail
$20.35
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office
$30.66
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Industrial
$7.92
When it comes to opening a business or investing in commercial real estate, the importance of demographics is often underestimated. The following demographics should always be considered when evaluating a property:
- Population density
- Median home values
- Household income
- Education levels
- Average age and genders
- Number of households
- Traffic counts
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Population
185,038
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Avg. Home Value
$216,495
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Avg. Age
29
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Avg HH Income
$51,829