Cave Creek Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Cave Creek, Arizona? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Cave Creek, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Cave Creek is $90,824.00.

The chart below shows the average household income by age in Cave Creek.

  • Under 25
    $0.00
  • 25 to 44
    $0.00
  • 45 to 64
    $133,250.00
  • 65 and over
    $76,316.00

Average Household Income

A very commonly asked question is "what is the average household income in Cave Creek, Arizona?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Cave Creek is $124,462.00.

19.08% of households in Cave Creek, Arizona are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Cave Creek but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Cave Creek

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Cave Creek, Arizona easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    12.88%
  • $25,000 to $49,999
    15.16%
  • $50,000 to $74,999
    14.46%
  • $75,000 to $99,999
    10.42%
  • $100,000 to $149,999
    18.73%
  • $150,000 to $199,999
    9.27%
  • $200,000 or more
    19.08%

Per Capita Income

The per capita income is the average income of all people in Cave Creek, Arizona. This is calculated by dividing the total income of all people in Cave Creek by the total number of people in Cave Creek.

It differs from the average or mean household income because it includes all people in Cave Creek and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Cave Creek, Arizona is $58,217.00.

Population in Cave Creek by Race and Ethnicity

The total population in Cave Creek is currently 4,966 people.

The race and ethnicity of the population in Cave Creek can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Cave Creek, Arizona.

  • 2.10% White
    103
  • 95.20% Black/African American
    4,728
  • 87.00% Native
    4,322
  • 4.80% Hispanic
    239
  • 2.10% Asian
    102
  • 0.40% Hawaiian/Pacific Islander
    21
  • 0.00% Two or more races
    0
  • 1.20% Other
    58

Population of Cave Creek by Age and Gender

Another very important demographics statistic for Cave Creek, Arizona is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 164 52
10 to 19 Years 223 285
20 to 29 Years 169 137
30 to 39 Years 71 109
40 to 49 Years 94 151
50 to 59 Years 566 634
60 to 69 Years 433 506
70 Years and over 639 733

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Cave Creek, Arizona.

  • Master's degree or higher
    23.21%
  • Bachelor's degree
    41.39%
  • Some college or associate's degree
    13.13%
  • High school diploma or equivalent
    21.94%
  • Less than high school diploma
    0.33%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Cave Creek because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Cave Creek look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Cave Creek, Arizona that are over the age of 16.

The current population in Cave Creek that are over the age of 16 is 4,388 people.

The unemployment rate in Cave Creek is 4.50%, which means 103 people are unemployed.

Median Age in Cave Creek

The median age is an interesting metric because it gives us an idea of the age distribution of people in Cave Creek, Arizona. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Cave Creek is 58.1 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Cave Creek

58.1

Total

58.8

Male

57.6

Female

Households and Families

There are a total of 2,275 households in Cave Creek, and the average household size is 2.18 people.

For families, the total number is 1,512, and the average family size is 2.66 people.

11.20% of those families in Cave Creek, Arizona are living below the poverty line.

The table below shows the poverty thresholds for Cave Creek in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Cave Creek, Arizona for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 1,317 34 161 763
Average Household Size 2.66 2.68 2.82 1.21
Total Families 1,317 34 161 0
Average Household Size 2.65 2.41 2.82 0

Housing Data in Cave Creek

There are total of 2,757 housing units in Cave Creek, Arizona. Of those units, 2,275 (82.52%) are occupied, and 482 (17.48%) are vacant.

Rental Rates

Of the 2,757 housing units in Cave Creek, 187 (6.78%) are occupied by renters. The median rent paid by renters is $1,488.00.

Owner occupied housing units make up the remaining 75.73% of housing units, with 2,088 housing units in total.

The table below breaks down how much rent is paid by renters in Cave Creek, Arizona.

  • No rent paid
    0
  • Less than $500
    0
  • $500 to $999
    45
  • $1,000 to $1,499
    51
  • $1,500 to $1,999
    0
  • $2,000 to $2,499
    57
  • $2,500 to $2,999
    16
  • $3,000 or more
    18

Property Values

The median value of a property in Cave Creek is $725,300.00.

The table below breaks down the range of valuations for all properties in Cave Creek.

  • Less than $50,000
    102
  • $50,000 to $99,999
    0
  • $100,000 to $149,999
    0
  • $150,000 to $199,999
    23
  • $200,000 to $299,999
    120
  • $300,000 to $499,999
    406
  • $500,000 to $999,999
    767
  • $1,000,000 or more
    670

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Cave Creek, Arizona.

  • 1939 or earlier
    0
  • 1940 to 1949
    37
  • 1950 to 1959
    82
  • 1960 to 1969
    163
  • 1970 to 1979
    282
  • 1980 to 1989
    403
  • 1990 to 1999
    700
  • 2000 to 2009
    637
  • 2010 to 2013
    429
  • 2014 or later
    24

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Cave Creek has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    11
  • 1 vehicle available
    658
  • 2 vehicles available
    909
  • 3 or more vehicles available
    697

Commuting to Work in Cave Creek

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Cave Creek, Arizona, how they commute, and how that correlates to other data points.

The average travel time is 30.7 minutes, and the chart below covers the range of travel times across the population of Cave Creek.

  • Less than 5 minutes
    101
  • 5 to 9 minutes
    152
  • 10 to 14 minutes
    263
  • 15 to 19 minutes
    100
  • 20 to 24 minutes
    151
  • 25 to 29 minutes
    82
  • 30 to 34 minutes
    154
  • 35 to 39 minutes
    57
  • 40 to 44 minutes
    2
  • 45 to 59 minutes
    164
  • 60 to 89 minutes
    105
  • 90 or more minutes
    110

We can also look at the means of transport in Cave Creek to see which modes of transport people are using to commute to work.

  • Drove alone
    1,276
  • Carpooled
    51
  • Public transportation
    0
  • Walked
    25
  • Other means
    89
  • Worked from home
    757

Conclusion

Hopefully this article has given you the demographics data you were looking for in Cave Creek, Arizona.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Cave Creek.

Link To or Reference This Page

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If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Cave Creek Average Income, Population and Demographics". NameCensus.com. Accessed on June 18, 2024. https://namecensus.com/demographics/arizona/maricopa-county/cave-creek/.

  • "Cave Creek Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/arizona/maricopa-county/cave-creek/. Accessed 18 June, 2024

  • Cave Creek Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/arizona/maricopa-county/cave-creek/.