Living in Carefree, Arizona
Cost of living, income, home prices, rent and demographics of Carefree · Census data 2020–2024
Carefree has 3,683 residents with a median age of 64.9. The median household income is $147,165 (84% higher than the Arizona median), the median home value is $1,088,100, the median rent is $1,538/month.
Carefree at a glance
- Population
- 3,683
- Median age
- 64.9State: 39
- Median household income
- $147,165State: $79,964
- Median home value
- $1,088,100State: $394,500
- Median rent
- $1,538/moState: $1,543
- Homeowners
- 91.1%
- Bachelor's degree or higher
- 61%
- Average commute
- 36 min
Is Carefree a good place to live?
Pros: Median household income 84% higher than the Arizona median; unemployment of 3.8%; a poverty rate of 11.3%.
Cons: Home values 176% higher than the state median; an average commute of 36 minutes.
The weather is best in March–April and October–November.
Cost of living in Carefree
Housing is the biggest part of the cost of living. In Carefree the median home value is $1,088,100, 227% higher than the U.S. median. Renters pay a median of $1,538 per month, which is 46% of household income. Homeowners with a mortgage pay $2,500 a month in housing costs.
Carefree median household income
The median household income in Carefree is $147,165 and the income per person is $93,927. 11.3% of residents live below the poverty line (Arizona: 12.5%).
Housing in Carefree: homes for sale and rent
- Housing units
- 2,315
- Owner-occupied
- 91.1%
- Renter-occupied
- 8.9%
- Vacant
- 20.3%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 1.95
Carefree demographics
- Population
- 3,683
- Median age
- 64.9
- Under 18
- 2.8%
- 65 and older
- 49.3%
- Households
- 1,845
- Foreign-born
- 7.7%
- Veterans
- 11.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Carefree ›
Education in Carefree
61% of adults 25 and older in Carefree have a bachelor's degree or higher (Arizona: 33.3%), and 23.1% have a graduate or professional degree.
Jobs and commute in Carefree
- Unemployment rate
- 3.8%State: 5.1%
- Average commute
- 36 minState: 25 min
- Work from home
- 50.2%
- Drive alone
- 46.2%
- Public transit
- 0%
- Walk to work
- 3.6%
- Homes with broadband
- 100%
Carefree vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Carefree | 3,683 | $147,165 | $1,088,100 | $1,538 |
| Cave Creek | 5,091 | $107,067 | $906,100 | $2,493 |
| Scottsdale | 243,821 | $110,886 | $789,800 | $2,013 |
| New River | 18,240 | $134,289 | $640,600 | $1,948 |
| Anthem | 22,584 | $120,613 | $569,900 | $2,548 |
| Rio Verde | 2,261 | $131,723 | $774,100 | — |
| Fountain Hills | 23,789 | $112,654 | $622,900 | $1,890 |
| Paradise Valley | 12,611 | $247,159 | $2,000,001 | $3,501 |
| Phoenix | 1,642,323 | $81,332 | $420,700 | $1,582 |
More for people moving to Carefree
Carefree ZIP code ›Weather and climate ›Living in Carefree: FAQ
What is the median household income in Carefree, AZ?
The median household income in Carefree is $147,165, 84% higher than the Arizona median of $79,964 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Carefree?
The median home value in Carefree is $1,088,100, compared with $394,500 in Arizona.
How much is rent in Carefree?
The median gross rent in Carefree is $1,538 per month, about 46% of household income.
Is Carefree, AZ a good place to live?
Pluses: median household income 84% higher than the Arizona median; unemployment of 3.8%; a poverty rate of 11.3%. Minuses: home values 176% higher than the state median; an average commute of 36 minutes.
What is the median age in Carefree?
The median age in Carefree is 64.9 years (Arizona: 39).
How long is the commute in Carefree?
The average commute to work in Carefree is 36 minutes; 50.2% of workers work from home.
What is the unemployment rate in Carefree?
The unemployment rate in Carefree is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Carefree?
61% of adults in Carefree have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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