Housing data for Cave Creek, AZ
Cave Creek, AZ has an estimated 5,091 residents and 2,859 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Maricopa County.
5.4% of households rent.
The median gross rent is $2,493 a month.
Its population shrank measurably since 2015–2019 (−10.2%).
Figures last updated on .
- Residents
- 5,091 (±25)
- Housing units
- 2,859 (±259)
- Households that rent
- 5.4%
- Median gross rent
- $2,493
- Residents since 2015–2019
- −10.2%
What stands out in Cave Creek
Median home value: $906,100 (±$79,304) in Cave Creek, higher than in Maricopa County ($452,800).
Households that rent: 5.4% (±3.3 points) in Cave Creek, lower than in Maricopa County (34.8%).
Homes in buildings of 5 or more units: 0.7% (±2.5 points) in Cave Creek, lower than in Maricopa County (20.7%).
Working from home: 37.3% (±7.5 points) in Cave Creek, higher than in Maricopa County (20.8%).
Housing in Cave Creek at a glance
- Median rent: $2,493 median gross rent a month
- Rent burden: 48.8% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 5.4% of households rent (Small sample: wide margin of error)
- Income and affordability: $107,067 median household income
- Home values: $906,100 median home value
- Homeowner costs: $2,625 median monthly cost with a mortgage
- Property taxes: $2,443 median real estate taxes a year
- Types of homes: 0.7% of homes are in buildings of 5 or more units
- Bedrooms: 70.9% of homes have 3 or more bedrooms
- Age of homes: 15.8% of homes were built before 1980
- Vacancy rate: 13.2% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 54.5% heat with electricity
- Commute and cars: 29.7 minutes average trip to work
- Growth: −10.2% residents since 2015–2019
- How long people stay: 28.6% moved in since 2020
- Crowding and facilities: 2.3% of homes have more than 1 person per room (Small sample: wide margin of error)
- Fair Market Rent: $2,600 Small Area FMR, 2 bedrooms (ZIP 85331)
Cave Creek against Maricopa County, its state and the nation
| Cave Creek | Maricopa County | Arizona | United States | |
|---|---|---|---|---|
| Residents | 5,091 (±25) | 4,559,748 (exact) | 7,378,838 (exact) | 334,922,499 |
| Housing units | 2,859 (±259) | 1,884,334 (±536) | 3,192,839 (±631) | 143,775,355 |
| Households that rent | 5.4% (±3.3 points) | 34.8% (±0.3 points) | 32.6% (±0.3 points) | 34.8% |
| Median gross rent | $2,493 (±$973) | $1,708 (±$8) | $1,543 (±$7) | $1,413 |
| Median household income | $107,067 (±$15,575) | $89,300 (±$562) | $79,964 (±$407) | $80,734 |
| Median home value | $906,100 (±$79,304) | $452,800 (±$1,398) | $394,500 (±$1,474) | $332,700 |
| Median real estate taxes (a year) | $2,443 (±$429) | $1,983 (±$12) | $1,879 (±$10) | $3,119 |
| Built before 1980 | 15.8% (±6.2 points) | 28.5% (±0.3 points) | 29.3% (±0.3 points) | 49.7% |
| Average commute | 29.7 minutes (±9.9) | 26.0 minutes (±0.2) | 25.4 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 95.7% (±3.7 points) | 93.1% (±0.2 points) | 91.5% (±0.2 points) | 91.0% |
| Median age of residents | 61.2 years (±3.0) | 37.6 years (±0.2) | 39.0 years (±0.1) | 38.9 years |
Cave Creek covers 37.7 square miles of land, about 135 residents per square mile (Census Bureau Gazetteer).
How Cave Creek has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 5,670 (±30) | 5,091 (±25) | −10.2% | Measurable decrease |
| Housing units | 3,186 (±172) | 2,859 (±259) | −10.3% | Measurable decrease |
| Median gross rent | $1,335 (±$226) | $2,493 (±$973) | +86.7% | No measurable change after inflation |
| Median home value | $482,600 (±$49,442) | $906,100 (±$79,304) | +87.8% | Up after inflation |
| Median household income | $83,787 (±$11,517) | $107,067 (±$15,575) | +27.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $2,089 (±$218) | $2,625 (±$391) | +25.7% | No measurable change after inflation |
| Median real estate taxes | $1,906 (±$206) | $2,443 (±$429) | +28.2% | No measurable change after inflation |
| Households that rent | 11.0% (±3.8 points) | 5.4% (±3.3 points) | −5.6 percentage points | Measurable decrease |
| Rental vacancy rate | 17.3% (±14.1 points) | 13.2% (±19.6 points) | −4.1 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Maricopa County
Cave Creek has no police department of its own in the FBI’s figures, so this is the figure for Maricopa County as a whole.
In 2025, the police departments that report for Maricopa County recorded 431 violent and 1,675 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Cave Creek
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 85331 | 29% | 31,968 | $2,595 | $741,700 | $129,083 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Cave Creek
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Carefree | 4.1 mi | $1,538 | $1,088,100 | 8.9% |
| New River | 6.8 mi | $1,948 | $640,600 | 5.3% |
| Anthem | 8.3 mi | $2,548 | $569,900 | 15.1% |
| Scottsdale | 13 mi | $2,013 | $789,800 | 33.0% |
| Black Canyon City | 18 mi | — | $288,500 | 8.3% |
| Peoria | 19 mi | $1,843 | $463,600 | 24.0% |
| Rio Verde | 19 mi | — | $774,100 | 3.7% |
| Phoenix | 19 mi | $1,582 | $420,700 | 42.7% |
Places in Arizona most like Cave Creek
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Citrus Park | $2,863 | $722,500 | $141,026 | 4.3% |
| Queen Creek | $2,210 | $635,400 | $141,978 | 9.8% |
| New River | $1,948 | $640,600 | $134,289 | 5.3% |
| Saddlebrooke | $2,774 | $498,700 | $88,686 | 4.6% |
| Anthem | $2,548 | $569,900 | $120,613 | 15.1% |
| Vail | $2,057 | $414,600 | $130,904 | 8.9% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Arizona.
HUD Fair Market Rent for Cave Creek, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,390 | $1,493 | $1,734 | $2,287 | $2,537 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Cave Creek, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $23,600 | $39,350 | $62,950 |
| 2 people | $27,000 | $45,000 | $71,950 |
| 3 people | $30,350 | $50,600 | $80,950 |
| 4 people | $33,700 | $56,200 | $89,900 |
| 5 people | $38,680 | $60,700 | $97,100 |
| 6 people | $44,360 | $65,200 | $104,300 |
| 7 people | $50,040 | $69,700 | $111,500 |
| 8 people | $55,720 | $74,200 | $118,700 |
These are the limits HUD sets for its housing programs in the Phoenix-Mesa-Chandler, AZ MSA, where HUD’s median family income for fiscal year 2026 is $112,400.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Cave Creek
What is the average rent in Cave Creek, AZ?
The Census Bureau publishes the median rather than the average: the median gross rent in Cave Creek is $2,493 (±$973) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
What is the median household income in Cave Creek?
The median household income in Cave Creek is $107,067 (±$15,575) a year (2020–2024 American Community Survey).
What is the average home value in Cave Creek, AZ?
The Census Bureau publishes the median: $906,100 (±$79,304) for owner-occupied homes in Cave Creek (2020–2024 American Community Survey).
What is the average mortgage payment in Cave Creek?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Cave Creek, AZ is $2,625 (±$391) a month, including taxes, insurance and utilities.
How much are property taxes in Cave Creek?
The median real estate tax paid by homeowners in Cave Creek, AZ is $2,443 (±$429) a year (2020–2024 American Community Survey).
How many homes are in Cave Creek?
Cave Creek, AZ has an estimated 2,859 (±259) housing units, occupied and vacant (2020–2024 American Community Survey).
Is Cave Creek growing?
In Cave Creek, the number of residents went from 5,670 in 2015–2019 to 5,091 in 2020–2024 (−10.2%), a measurable decrease.
What ZIP codes are in Cave Creek?
The ZIP code that covers Cave Creek is 85331.
What is the median rent in ZIP code 85331?
The median gross rent in ZIP Code Tabulation Area 85331 is $2,595 (±$193) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Cave Creek town, Arizona
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cave Creek town, Arizona
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Cave Creek town, Arizona
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Cave Creek town, Arizona
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Cave Creek town, Arizona
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Cave Creek town, Arizona
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cave Creek town, Arizona
- HUD Fair Market Rents, fiscal year 2027: Phoenix-Mesa-Chandler, AZ MSA
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Phoenix-Mesa-Chandler, AZ MSA
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cave Creek town, Arizona (place:11300, in state:04).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .