Bankruptcy by State
Bankruptcy in Arizona
How Arizona's bankruptcy exemptions, Chapter 7 income limits, and filing volume compare to the rest of the country.
Homestead exemption
$425,200
#7 of 51
Vehicle exemption
$16,000
#3 of 51
Median income (1 person)
$73,935
Chapter 7 means-test threshold
Annual filings
12,992
Year 2025
Arizona vs. national medians
National medians are calculated across all 51 states plus the District of Columbia. Ranks run from #1 (highest) to #51 (lowest). Where a state publishes a range or a conditional amount, the exemption is shown in full and ranked by its guaranteed minimum.
| Metric | Arizona | National median | Rank |
|---|---|---|---|
| Homestead exemption | $425,200 | $90,000 | #7 of 51 |
| Motor vehicle exemption | $16,000 | $7,250 | #3 of 51 |
| Median income (1-person household) | $73,935 | $71,745 | #18 of 51 |
| Median income (4-person household) | $121,174 | $126,058 | #33 of 51 |
| Annual bankruptcy filings | 12,992 | 8,707 | #15 of 51 |