Cave Creek

Population: 5,033
Median household income: $102,589
Median home value: $791,900

Located in Maricopa County, Arizona, Cave Creek is a community with a population of 5,033. Its median household income of $102,589 runs above the Maricopa County figure of $85,518.

From 2019 to 2023, Cave Creek's population declined 11.2% from 5,670 to 5,033, while its median home value rose 64.1% from $482,600 to $791,900.

Owners occupy 94.6% of the area's occupied homes. The median resident is 60.3 years old.

Demographics

ACS 2019–2023

Population: 5,033
Median age: 60.3 yrs
Median household income: $102,589
Median home value: $791,900
Median gross rent: $2,096
Housing units: 2,713
Homeownership rate: 94.6%
Bachelor's degree or higher: 50.0%
Unemployment rate: 3.5%

Trends

ACS 5-year · 2019–2023

Population

5,6705,033

Median household income

$83,787$102,589

Median home value

$482,600$791,900

Median gross rent

$1,335$2,096

Year	Population	Median household income	Median home value	Median gross rent
2019	5,670	$83,787	$482,600	$1,335
2020	5,766	—	$370,800	$1,351
2021	4,933	$91,463	$582,200	$1,319
2022	4,966	$90,824	$725,300	$1,488
2023	5,033	$102,589	$791,900	$2,096

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.5%

5 to 178.8%

18 to 243.0%

25 to 344.4%

35 to 444.1%

45 to 5416.2%

55 to 6418.5%

65 to 7424.0%

75 and over17.5%

	Count	Share
Under 5	175	3.5%
5 to 17	443	8.8%
18 to 24	152	3.0%
25 to 34	223	4.4%
35 to 44	207	4.1%
45 to 54	813	16.2%
55 to 64	933	18.5%
65 to 74	1,206	24.0%
75 and over	881	17.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	4,489	89.2%
Black or African American	76	1.5%
American Indian & Alaska Native	20	0.4%
Asian	70	1.4%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	51	1.0%
Two or more races	211	4.2%
Hispanic or Latino (any race)	116	2.3%

Educational attainment (age 25+)

No high school diploma0.7%

High school graduate20.4%

Some college or associate's28.8%

Bachelor's degree26.5%

Graduate or professional degree23.6%

	Count	Share
No high school diploma	31	0.7%
High school graduate	870	20.4%
Some college or associate's	1,229	28.8%
Bachelor's degree	1,128	26.5%
Graduate or professional degree	1,005	23.6%

Commute to work

Mean travel time to work: 32 min

Drove alone56.0%

Carpooled2.9%

Public transit0.0%

Walked1.5%

Bicycle0.0%

Worked from home34.6%

Other means5.0%

How workers get to work

	Count	Share
Drove alone	1,180	56.0%
Carpooled	61	2.9%
Public transit	0	0.0%
Walked	32	1.5%
Bicycle	0	0.0%
Worked from home	729	34.6%
Other means	106	5.0%

Travel time

	Count	Share
Under 15 min	465	33.7%
15 to 29 min	328	23.8%
30 to 44 min	218	15.8%
45 to 59 min	155	11.2%
60+ min	213	15.4%

Households

Average household size: 2.17
Poverty rate: 8.9% (448 of 5,033)

	Count	Share
Family households	1,600	68.9%
Nonfamily households	721	31.1%

Housing

Median year structure built: 1997

Occupancy

	Count	Share
Occupied	2,321	85.6%
Vacant	392	14.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,196	94.6%
Renter-occupied	125	5.4%

1-unit, detached82.8%

1-unit, attached7.7%

2 to 4 units3.8%

5 to 19 units0.0%

20 or more units0.6%

Mobile home & other5.2%

Units in structure

	Count	Share
1-unit, detached	2,247	82.8%
1-unit, attached	209	7.7%
2 to 4 units	102	3.8%
5 to 19 units	0	0.0%
20 or more units	15	0.6%
Mobile home & other	140	5.2%

Geography

Place GEOID: 0411300
Type (LSAD): 43
Land area: 38 sq mi
Water area: 0.01 sq mi
Center point: 33.8362, -111.9821