Is Cave Creek, Arizona a Good Place To Live? - Living In Cave Creek, AZ

Is Cave Creek, Arizona a good place to live?
Cave Creek is a city in Arizona state in USA with a population of 5766 residents.. The poverty rate of Cave Creek is 29.4%, which is 110% higher than national average. The typical household in Cave Creek earns $0 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 3 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 50.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Cave Creek, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cave Creek remained 2.9%, which is 38% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cave Creek, only 62% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Cave Creek is 131, which is 31% higher than national average. Median home value in Cave Creek is $370800 , which is 61% higher than national average. While median income in Cave Creek remained $0, which is 100% lower than national average.
Population
5766
Unemployment
2.9%
38% NAT AVG.
Poverty
29.4%
110% NAT AVG.
Overall Score
6
Median Home Cost
$370800
61% NAT AVG.
Median Income
$0
100% NAT AVG.
Median Rent
$1351
16% NAT AVG.
Cost Of Living
131
31% NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 34
People Earning < $10,000
1 in 3
People Earning < $50,000
50.2%
People with <= High School
1 in 7.7
People With Any Degree
1 in 1.5
Pros & Cons Overview

Jobs10%

Housing90%

Affordability10%

Safety60%

Amenities60%

Diversity80%

Education95%

Commute90%