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Cave Creek, Arizona Demographics & Population 2026

Expensive MarketHome value to income ratio of 8.5x indicates a costly housing market

During the 2020–2024 ACS period, Cave Creek, Arizona had a total population of 5,091, the 94th largest town in Arizona, with a median household income of $107,067, which is 34% higher than the state average. The poverty rate is 7.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Cave Creek Quick Facts

Population 5,091
Median Household Income $107,067
Median Home Value $906,100
Poverty Rate 7.2%
Unemployment Rate 2.7%
Median Age 61.2 years
Homeownership Rate 94.6%
Affordability Ratio 8.5x
Bachelor's Degree or Higher 52.4%
High School Graduation Rate 98.5%
Diversity Index 22/100
Population 5,091 94th of 441
Median Income $107,067 top 20%
Poverty Rate 7.2% 42% lower than national
Median Home Value $906,100 top 10%

How Cave Creek Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population5,0335,091+1.2%
Median household income$102,589$107,067+4.4%
Median home value$791,900$906,100+14.4%

How Cave Creek Compares

Economy & Housing

Household Income Distribution

Under $25K 10.8%
$25K-$50K 13.4%
$50K-$100K 22.4%
$100K+ 53.3%
Detailed income brackets
Under $10K
5.5%
$10K-$15K
0.0%
$15K-$20K
4.6%
$20K-$25K
0.6%
$25K-$30K
2.9%
$30K-$35K
5.3%
$35K-$40K
2.4%
$40K-$45K
1.3%
$45K-$50K
1.5%
$50K-$60K
3.5%
$60K-$75K
10.0%
$75K-$100K
9.0%
$100K-$125K
11.0%
$125K-$150K
6.7%
$150K-$200K
11.8%
$200K+
23.9%

Employment

2.7% Unemployment Rate State: 5.1%|National: 5.2%
48.9% Labor Force Participation

Housing Overview

Owner 94.6%
Renter 5.4%
Affordability Index Very Expensive
8.5x home value to income ratio
Median gross rent $2,493/mo 27.9% of median household income annually

People & Demographics

Diversity Index

22out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 62 | National average: 61

Education

Cave Creek Rankings in Arizona

#94 Population of 441
#37 Median Income of 352
#22 Education of 441
#3 Home Value of 340

Other Cities in Maricopa County

CityPopulationMedian IncomePovertyHome Value
Phoenix 1,642,323 $81,332 13.7% $420,700
Mesa 511,764 $82,752 10.3% $408,000
Gilbert 280,262 $122,551 5.3% $575,100
Chandler 280,136 $108,095 7.9% $507,800
Glendale 252,833 $73,530 15.1% $387,500
Scottsdale 243,821 $110,886 7.3% $789,800
Peoria 196,906 $95,815 8.4% $463,600
Tempe 188,065 $79,663 15.8% $455,400
Surprise 154,948 $96,711 8.6% $435,100
Goodyear 107,645 $103,319 5.3% $471,300

Cities Similar to Cave Creek

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Paulden4,795$91,741$353,70012.9%12.3%
Citrus Park5,115$141,026$722,50038.7%8.8%
Thatcher5,439$82,917$286,30020.7%12.1%
Doney Park6,253$104,967$613,30036.4%6.1%
Eagar4,416$82,839$247,80029.2%14.9%

Population Overview

Cave Creek is a small city located in Arizona, within Maricopa County. The total population is 5,091. It ranks as the 94th most populous out of 441 Census-designated places in Arizona.

Age Demographics

The median age in Cave Creek is 61.2 years. This is 57% higher than the state median of 39.0 years. Only 9.3% of residents are under 18, indicating fewer families with children. 19.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Cave Creek is $107,067. This is 34% higher than the state median of $79,964. It is also 33% higher than the national median of $80,734. The poverty rate stands at 7.2%. This is 42% lower than the state poverty rate of 12.5%. The unemployment rate is 2.7%. This is 48% lower than the state rate of 5.1%. The median home value is $906,100. Housing costs are 130% higher than the state median of $394,500. The home-value-to-income ratio of 8.5x suggests that housing affordability is a significant concern for many residents. 94.6% of occupied housing units are owner-occupied. This homeownership rate is 40% higher than the state average of 67.4%.

Race & Ethnicity

Cave Creek has a predominantly White (non-Hispanic) population, comprising 88.3% of all residents. Hispanic or Latino residents account for 4.0%. The White (non-Hispanic) population is significantly higher than the state average (88.3% vs 52.6%). The Black or African American population (1.4%) is well below the state average of 4.4%. The Hispanic or Latino population (4.0%) is well below the state average of 31.4%. The Asian population (1.2%) is well below the state average of 3.5%.

Education

52.4% of residents aged 25 and older hold a bachelor's degree or higher. This places Cave Creek in the top 10% of all cities in the state for educational attainment. This is 57% higher than the state rate of 33.3%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.5%. Notably, 22.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Cave Creek, Arizona is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Arizona state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 441 Census-designated places in Arizona. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Cave Creek, Arizona?

Cave Creek, Arizona has a population of 5,091 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Cave Creek, AZ?

The median household income in Cave Creek is $107,067, which is 33% higher than the national median of $80,734.

What is the poverty rate in Cave Creek, AZ?

The poverty rate in Cave Creek is 7.2%. This means approximately 367 residents live below the federal poverty line.

What is the racial makeup of Cave Creek, Arizona?

Cave Creek's population is 88.3% White, 1.4% Black, 4.0% Hispanic/Latino, and 1.2% Asian.

What is the median home value in Cave Creek, AZ?

The median home value in Cave Creek is $906,100. The home-value-to-income ratio is 8.5x.

How educated is Cave Creek, Arizona?

52.4% of adults (25+) in Cave Creek hold a bachelor's degree or higher, and 22.4% hold a graduate or professional degree.