Is Cave Creek, AZ growing?

Cave Creek, AZ had an estimated 5,091 (±25) residents in 2020–2024, against 5,670 in 2015–2019.

That is a change of −10.2%, a measurable decrease.

Its housing went from 3,186 to 2,859 homes (−10.3%), a measurable decrease.

6.2% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
5,091 (±25)
Amount of change
−10.2%
Homes change
−10.3%
Built 2020 or later
6.2%

Residents and homes in Cave Creek, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents5,670 (±30)5,091 (±25)−10.2%Measurable decrease
Housing units3,186 (±172)2,859 (±259)−10.3%Measurable decrease
Households that rent11.0% (±3.8 points)5.4% (±3.3 points)−5.6 percentage pointsMeasurable 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

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.

Growth in Cave Creek against Maricopa County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Cave Creek−10.2%Measurable decrease−10.3%
Maricopa County+5.3%Measurable increase+8.3%
Arizona+4.7%Measurable increase+6.3%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Cave Creek

Housing units by year built, 2020–2024
Year builtCave CreekMaricopa CountyArizonaUnited States
2020 or later6.2% (±2.9 points)3.0%2.8%2.0%
2010 to 201918.7% (±7.3 points)12.4%11.6%9.4%
2000 to 200919.9% (±5.9 points)21.8%22.4%13.6%

24.9% of the homes in Cave Creek were built in 2010 or later.

The median age of residents is 61.2 years.

Growth in places near Cave Creek

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Cave Creek—5,091−10.2%Measurable decrease
Carefree4.1 mi3,683−3.4%Measurable decrease
New River6.8 mi18,240+14.6%Measurable increase
Anthem8.3 mi22,584+0.5%Not a measurable change
Scottsdale13 mi243,821−2.7%Measurable decrease
Black Canyon City18 mi2,181−22.8%Not a measurable change
Peoria19 mi196,906+17.1%Measurable increase
Rio Verde19 mi2,261+3.7%Not a measurable change
Phoenix19 mi1,642,323+0.6%Measurable increase

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

Is Cave Creek growing?

Cave Creek, AZ had an estimated 5,091 residents in 2020–2024 and 5,670 in 2015–2019, a change of −10.2%: a measurable decrease by the Census Bureau’s test.

How many homes have been added in Cave Creek?

The estimated number of housing units went from 3,186 in 2015–2019 to 2,859 in 2020–2024 (−10.3%), a measurable decrease.

How much new construction is there in Cave Creek?

6.2% of homes in Cave Creek were built in 2020 or later and 18.7% between 2010 and 2019.

Sources

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, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

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 .

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