Named after the Vale of Tempe in Greece, Tempe is a lively city in Maricopa County, Arizona. Located in the eastern part of the bustling Phoenix metropolitan area – the 11th largest metropolitan area in the United States – Tempe borders the vibrant cities of Phoenix, Scottsdale, Chandler, and Mesa. , The city is also home to the main campus of the prestigious Arizona State University. 

What is the community of Tempe like?  

Ranked by Niche as the 7th best suburb to live in Arizona, Tempe is a thriving community that is known for hosting year-round events. Home to around 178,000 residents, Tempe is a city imbued with a rich historical heritage, a vibrant culture, and a distinguished art scene. , The city also enjoys a strong reputation for its exceptional restaurants and food scene.  
Tempe offers its residents and visitors a plethora of outdoor recreational opportunities, community festivals, and art shows. The city plays home to one of Arizona’s longest-standing, renowned art festivals - the Tempe Festival of Arts. , The city also hosts various other exciting events prominent among them being Four Peaks Oktoberfest at Tempe Town Lake, Arizona Dragon Boat Festival, and Rock ‘n’ Roll Arizona Marathon and ½ Marathon. 
Downtown Tempe, on the other hand, is no less vibrant than any festival. You may want to enjoy a lovely stroll through the downtown to explore more than 100 unique shops, restaurants, taverns, and nightclubs, including a few that host live music regularly.  
If history interests you, head to the Arizona State University Art Museum, which features a permanent collection consisting of more than 12,000 objects. Founded in 1950, the museum presents an array of art from Arizona and the Southwestern United States, Mexican folk art and ceramics, and 3500 pieces of American ceramics, among other things.   
Also, visit the gorgeous Tempe Center for the Arts whose roof has become a landmark for the city, featuring complex geometric folded plates, which are also easily observable from the nearby flyovers. The center is considered to be the crown jewel for performing and visual arts and houses a state-of-the-art 600-seat theater, a 200-seat studio theater, a picturesque 200-seat multi-purpose space, a 3,500 square-foot art gallery. 
Other unique attractions in Tempe include Tempe Beach Park, Sea Life Aquarium, ASU Gammage Auditorium, Karsten Golf Course, and 10,754-seat multi-purpose Wells Fargo Arena.

What is Real Estate like in Tempe?     

Real estate in Tempe has shown an average growth of 4.43% per year since the year 2000. , Since 2000, the prices of homes in Tempe have appreciated by a strong 148.49%. National real estate firm, Homesmart, categorizes Tempe’s housing market as ‘very competitive’. The sale prices of homes in Tempe have experienced strong growth of more than 24.9% over the last year.  
The median home price in Tempe is $400,000. Currently, there are 366 active homes for sale in Tempe, and normally it takes just 35 days for a listed home to sell. The average cost to rent a house in Tempe is $1,697 per month. At present, there are 73,032 homes and apartments in the city, 38.4% of which are owned, and the remaining 61.6% are rented.      

How is the economic landscape of Tempe?     

Over the last year, Tempe’s job market has grown by 3.3%, while its unemployment rate stands at a decent 4.5%. Also, the city’s job market is expected to grow by a staggering 49.9% in the next ten years. Some of the largest employers in Tempe include Arizona State University, State Farm Insurance, Freedom Financial Network, and JP Morgan Chase. 
On average, a Tempe resident earns around $26,000 per annum. The city’s median household income per resident is $48,100. Most of the residents of Tempe work in education, accommodation, manufacturing, retail, finance, professional and technical services, and healthcare.  

How are the schools in Tempe?     

Tempe is covered by 5 school districts, with Tempe Elementary School District and the Tempe Union High School District covering most of the city. , Tempe also lies in proximity to many colleges including, among others, Collins College, Mesa Community College, and Rio Salado College. 
When it comes to higher education, Tempe is home to the main campus of one of America’s largest public universities – the Arizona State University. Founded in 1885, ASU is presently home to nearly 90,000 undergraduate and 20,000 post-graduate students across its five campuses and four regional learning centers throughout Arizona. It offers 350 programs through its 17 colleges, and more than 170 cross-discipline centers and institutes for undergraduate students, as well as more than 400 graduate degree and certificate programs. The university's faculty of more than 4,700 scholars has included 5 Nobel laureates, 6 Pulitzer Prize winners, 4 MacArthur Fellows, and 19 National Academy of Sciences members.   

Tempe in a nutshell        

To sum up, Tempe is a vibrant city that offers the highest quality of life and a myriad of exceptional outdoor recreational opportunities. With a distinguished art culture, easy access to incredible educational facilities, a family-oriented community, and surfeit economic and professional opportunities, Tempe is a great place to call home.