Living in Cordes Lakes, Arizona
Cost of living, income, home prices, rent and demographics of Cordes Lakes · Census data 2020–2024
Cordes Lakes has 3,808 residents with a median age of 42.3. The median household income is $61,708 (23% lower than the Arizona median), the median home value is $220,300, the median rent is $1,312/month.
Cordes Lakes at a glance
- Population
- 3,808
- Median age
- 42.3State: 39
- Median household income
- $61,708State: $79,964
- Median home value
- $220,300State: $394,500
- Median rent
- $1,312/moState: $1,543
- Homeowners
- 87%
- Bachelor's degree or higher
- 17.8%
- Average commute
- 38 min
Is Cordes Lakes a good place to live?
Pros: Home values 44% lower than the state median; unemployment of 4.6%; a poverty rate of 10.9%.
Cons: Median household income 23% lower than the Arizona median; an average commute of 38 minutes.
The weather is best in April–May and October–November.
Cost of living in Cordes Lakes
Housing is the biggest part of the cost of living. In Cordes Lakes the median home value is $220,300, 34% lower than the U.S. median. Renters pay a median of $1,312 per month, which is 26% of household income. Homeowners with a mortgage pay $1,303 a month in housing costs.
Cordes Lakes median household income
The median household income in Cordes Lakes is $61,708 and the income per person is $26,481. 10.9% of residents live below the poverty line (Arizona: 12.5%).
Housing in Cordes Lakes: homes for sale and rent
- Housing units
- 1,689
- Owner-occupied
- 87%
- Renter-occupied
- 13%
- Vacant
- 13.1%Includes seasonal homes
- Median year built
- 2000
- Average household size
- 2.60
Cordes Lakes demographics
- Population
- 3,808
- Median age
- 42.3
- Under 18
- 20.5%
- 65 and older
- 20.1%
- Households
- 1,467
- Foreign-born
- 5.7%
- Veterans
- 16.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Cordes Lakes ›
Education in Cordes Lakes
17.8% of adults 25 and older in Cordes Lakes have a bachelor's degree or higher (Arizona: 33.3%), and 1.3% have a graduate or professional degree.
Jobs and commute in Cordes Lakes
- Unemployment rate
- 4.6%State: 5.1%
- Average commute
- 38 minState: 25 min
- Work from home
- 0%
- Drive alone
- 89.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 89.3%
Cordes Lakes vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cordes Lakes | 3,808 | $61,708 | $220,300 | $1,312 |
| Spring Valley | 1,673 | $42,817 | $203,300 | $774 |
| Mayer | 791 | $55,132 | $251,000 | — |
| Dewey-Humboldt | 4,501 | $66,535 | $426,900 | $1,340 |
| Black Canyon City | 2,181 | $47,465 | $288,500 | — |
| Camp Verde | 12,521 | $69,203 | $318,100 | $1,059 |
| Prescott Valley | 49,179 | $74,569 | $413,200 | $1,580 |
| Prescott | 47,400 | $70,874 | $564,100 | $1,395 |
| Verde Village | 11,930 | $69,331 | $354,200 | $1,173 |
More for people moving to Cordes Lakes
Cordes Lakes ZIP code ›Weather and climate ›Living in Cordes Lakes: FAQ
What is the median household income in Cordes Lakes, AZ?
The median household income in Cordes Lakes is $61,708, 23% lower 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 Cordes Lakes?
The median home value in Cordes Lakes is $220,300, compared with $394,500 in Arizona.
How much is rent in Cordes Lakes?
The median gross rent in Cordes Lakes is $1,312 per month, about 26% of household income.
Is Cordes Lakes, AZ a good place to live?
Pluses: home values 44% lower than the state median; unemployment of 4.6%; a poverty rate of 10.9%. Minuses: median household income 23% lower than the Arizona median; an average commute of 38 minutes.
What is the median age in Cordes Lakes?
The median age in Cordes Lakes is 42.3 years (Arizona: 39).
How long is the commute in Cordes Lakes?
The average commute to work in Cordes Lakes is 38 minutes; 0% of workers work from home.
What is the unemployment rate in Cordes Lakes?
The unemployment rate in Cordes Lakes is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cordes Lakes?
17.8% of adults in Cordes Lakes 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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