Life in Cave Creek research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Cave Creek over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Cave Creek:
The population in Cave Creek is 5,033.
The median home value in Cave Creek is $1,027,286.
The median income in Cave Creek is $102,589.
The cost of living in Cave Creek is 129 which is 1.3x higher than the national average.
The median rent in Cave Creek is $2,096.
The unemployment rate in Cave Creek is 3.5%.
The poverty rate in Cave Creek is 8.9%.
The average high in Cave Creek is 85.8° and the average low is 58.1°.
Cost of living in Cave Creek summary. We use data on the cost of living to determine how expensive it is to live in Cave Creek. Real estate prices drive most of the variance in cost of living around Arizona. Key points include:
The cost of living in Cave Creek is 129 with 100 being average.
The cost of living in Cave Creek is 1.3x higher than the national average.
The median home value in Cave Creek is $1,027,286.
The median income in Cave Creek is $102,589.
| Living Expense | Cave Creek | Arizona | National Average | |
|---|---|---|---|---|
| Overall | 129 | 102 | 100 | |
| Services | 103 | 102 | 100 | |
| Groceries | 97 | 103 | 100 | |
| Health | 89 | 95 | 100 | |
| Housing | 181 | 99 | 100 | |
| Transportation | 96 | 107 | 100 | |
| Utilities | 122 | 96 | 100 | |
The average high in Cave Creek is 85.8° and the average low is 58.1°.
There are 20.6 days of precipitation each year.
Expect an average of 9.3 inches of precipitation each year with 0.0 inches of snow.
| Stat | Cave Creek |
|---|---|
| Average Annual High | 85.8 |
| Average Annual Low | 58.1 |
| Annual Precipitation Days | 20.6 |
| Average Annual Precipitation | 9.3 |
| Average Annual Snowfall | 0.0 |
The current population in Cave Creek is 5,033. The population has increased 2.5% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 5,033 | 1.3% |
| 2022 | 4,966 | 0.7% |
| 2021 | 4,933 | -14.4% |
| 2020 | 5,766 | 1.7% |
| 2019 | 5,670 | 1.8% |
| 2018 | 5,569 | 2.7% |
| 2017 | 5,423 | 2.8% |
| 2016 | 5,275 | 3.0% |
| 2015 | 5,122 | 2.2% |
| 2014 | 5,014 | 1.2% |
| 2013 | 4,955 | -1.7% |
| 2012 | 5,041 | 1.3% |
| 2011 | 4,978 | 1.4% |
| 2010 | 4,911 | - |
89.2% White with 4,489 White residents.
1.5% African American with 76 African American residents.
0.4% American Indian with 20 American Indian residents.
1.4% Asian with 70 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
1.0% Other with 51 Other residents.
4.2% Two Or More with 211 Two Or More residents.
2.3% Hispanic with 116 Hispanic residents.
| Race | Cave Creek | AZ | USA |
|---|---|---|---|
| White | 89.2% | 53.4% | 58.2% |
| African American | 1.5% | 4.4% | 12.0% |
| American Indian | 0.4% | 3.4% | 0.5% |
| Asian | 1.4% | 3.3% | 5.7% |
| Hawaiian | 0.0% | 0.2% | 0.2% |
| Other | 1.0% | 0.4% | 0.5% |
| Two Or More | 4.2% | 3.9% | 3.9% |
| Hispanic | 2.3% | 31.0% | 19.0% |
Cave Creek is 51.7% female with 2,602 female residents.
Cave Creek is 48.3% male with 2,431 male residents.
| Gender | Cave Creek | AZ | USA |
|---|---|---|---|
| Female | 51.7% | 50.1% | 50.5% |
| Male | 48.3% | 49.9% | 49.5% |
1.0% of adults in Cave Creek completed < 9th grade.
1.0% of adults in Cave Creek completed 9-12th grade.
20.0% of adults in Cave Creek completed high school / ged.
24.0% of adults in Cave Creek completed some college.
5.0% of adults in Cave Creek completed associate's degree.
26.0% of adults in Cave Creek completed bachelor's degree.
13.0% of adults in Cave Creek completed master's degree.
7.0% of adults in Cave Creek completed professional degree.
3.0% of adults in Cave Creek completed doctorate degree.
| Education | Cave Creek | AZ | USA |
|---|---|---|---|
| < 9th Grade | 1.0% | 6.0% | 5.0% |
| 9-12th Grade | 1.0% | 6.0% | 6.0% |
| High School / GED | 20.0% | 23.0% | 26.0% |
| Some College | 24.0% | 24.0% | 19.0% |
| Associate's Degree | 5.0% | 9.0% | 9.0% |
| Bachelor's Degree | 26.0% | 20.0% | 21.0% |
| Master's Degree | 13.0% | 9.0% | 10.0% |
| Professional Degree | 7.0% | 2.0% | 2.0% |
| Doctorate Degree | 3.0% | 1.0% | 2.0% |
6.8% of households in Cave Creek earn Less than $10,000.
0.0% of households in Cave Creek earn $10,000 to $14,999.
4.5% of households in Cave Creek earn $15,000 to $24,999.
6.8% of households in Cave Creek earn $25,000 to $34,999.
7.8% of households in Cave Creek earn $35,000 to $49,999.
15.5% of households in Cave Creek earn $50,000 to $74,999.
8.7% of households in Cave Creek earn $75,000 to $99,999.
17.1% of households in Cave Creek earn $100,000 to $149,999.
11.1% of households in Cave Creek earn $150,000 to $199,999.
21.9% of households in Cave Creek earn $200,000 or more.
| Income | Cave Creek | AZ | USA |
|---|---|---|---|
| Less than $10,000 | 6.8% | 4.9% | 4.9% |
| $10,000 to $14,999 | 0.0% | 2.9% | 3.6% |
| $15,000 to $24,999 | 4.5% | 6.1% | 6.6% |
| $25,000 to $34,999 | 6.8% | 6.9% | 6.8% |
| $35,000 to $49,999 | 7.8% | 10.9% | 10.4% |
| $50,000 to $74,999 | 15.5% | 17.0% | 15.7% |
| $75,000 to $99,999 | 8.7% | 13.6% | 12.7% |
| $100,000 to $149,999 | 17.1% | 18.1% | 17.4% |
| $150,000 to $199,999 | 11.1% | 9.0% | 9.3% |
| $200,000 or more | 21.9% | 10.6% | 12.6% |