Cave Creek, AZ Profile: Facts & Data

The primary coordinate point for Cave Creek is located at latitude 33.8333 and longitude -111.9508 in Maricopa County. The formal boundaries for the Town of Cave Creek encompass a land area of 37.71 sq. miles and a water area of 0.01 sq. miles. Maricopa County is in the Mountain time zone (GMT -7).

The Town of Cave Creek has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Arizona is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Cave Creek is located within Deer Valley Division of Maricopa County.

Cave Creek, AZ Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	5,223 (100%)
Population in Households	5,223 (100.0%)
Population in Families	4,349 (83.3%)
Population in Group Quarters¹	0
Population Density	139
Diversity Index²	34


INCOME
Median Household Income	$106,274
Average Household Income	$160,834
% of Income for Mortgage⁴	48%
Per Capita Income	$75,321
Wealth Index⁵	211
Socioeconomic Status Index⁶	Moderate (57.7)

HOUSING
Total HU (Housing Units)	2,913 (100%)
Owner Occupied HU	2,146 (73.7%)
Renter Occupied HU	300 (10.3%)
Vacant Housing Units	467 (16.0%)
Median Home Value	$807,727
Average Home Value	$929,415
Housing Affordability Index³	54

HOUSEHOLDS
Total Households	2,446
Average Household Size	2.14
Family Households	1,734
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Cave Creek, AZ - Peer Comparisons by Rank and Percentile

The table below compares Cave Creek to the other 467 incorporated cities, towns and CDPs in Arizona by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	1.55%	1.83%
Households	1.68%	1.88%
Families		1.98%
Median Household Income		2.03%
Per Capita Income		2.83%
Owner Occupied HU		2.39%

Variable Description	Rank	Percentile
Total Population	# 94	80th
Population Density	# 246	48th
Median Household Income	# 26	95th
Housing Affordability Index	# 122	26th
Per Capita Income	# 8	99th
Diversity Index	# 316	33rd

Cave Creek, AZ Profile: Facts & Data

Cave Creek, Arizona - Basic Facts

Cave Creek, AZ Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Cave Creek, AZ - Peer Comparisons by Rank and Percentile

Cave Creek, AZ - Most Popular Things to Do

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