Living in Cottonwood, Arizona
Cost of living, income, home prices, rent and demographics of Cottonwood · Census data 2020–2024
Cottonwood has 12,580 residents with a median age of 54.7. The median household income is $48,448 (39% lower than the Arizona median), the median home value is $324,100, the median rent is $1,120/month.
Cottonwood at a glance
- Population
- 12,580
- Median age
- 54.7State: 39
- Median household income
- $48,448State: $79,964
- Median home value
- $324,100State: $394,500
- Median rent
- $1,120/moState: $1,543
- Homeowners
- 53.6%
- Bachelor's degree or higher
- 27.5%
- Average commute
- 19 min
Is Cottonwood a good place to live?
Pros: Home values 18% lower than the state median; an average commute of 19 minutes; unemployment of 3.1%.
Cons: Median household income 39% lower than the Arizona median; a poverty rate of 18.6%.
The weather is best in March–April and October–November.
Cost of living in Cottonwood
Housing is the biggest part of the cost of living. In Cottonwood the median home value is $324,100, about the same as the U.S. median. Renters pay a median of $1,120 per month, which is 28.9% of household income. Homeowners with a mortgage pay $1,503 a month in housing costs.
Cottonwood median household income
The median household income in Cottonwood is $48,448 and the income per person is $33,999. 18.6% of residents live below the poverty line (Arizona: 12.5%).
Housing in Cottonwood: homes for sale and rent
- Housing units
- 7,237
- Owner-occupied
- 53.6%
- Renter-occupied
- 46.4%
- Vacant
- 8.9%Includes seasonal homes
- Median year built
- 1991
- Average household size
- 1.87
Cottonwood demographics
- Population
- 12,580
- Median age
- 54.7
- Under 18
- 10.9%
- 65 and older
- 36.8%
- Households
- 6,592
- Foreign-born
- 15.3%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Cottonwood ›
Education in Cottonwood
27.5% of adults 25 and older in Cottonwood have a bachelor's degree or higher (Arizona: 33.3%), and 9.4% have a graduate or professional degree.
Jobs and commute in Cottonwood
- Unemployment rate
- 3.1%State: 5.1%
- Average commute
- 19 minState: 25 min
- Work from home
- 8.4%
- Drive alone
- 65.8%
- Public transit
- 1%
- Walk to work
- 0.4%
- Homes with broadband
- 88.7%
Cottonwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cottonwood | 12,580 | $48,448 | $324,100 | $1,120 |
| Verde Village | 11,930 | $69,331 | $354,200 | $1,173 |
| Clarkdale | 4,758 | $46,563 | $373,600 | $1,321 |
| Cornville | 3,618 | $72,596 | $367,100 | $1,560 |
| Jerome | 231 | $40,096 | $386,800 | $957 |
| Sedona | 9,777 | $73,738 | $786,800 | $1,448 |
| Village of Oak Creek (Big Park) | 6,356 | $80,878 | $741,100 | $1,786 |
| Lake Montezuma | 4,929 | $64,455 | $285,200 | $1,238 |
| Camp Verde | 12,521 | $69,203 | $318,100 | $1,059 |
More for people moving to Cottonwood
Cottonwood ZIP code ›Weather and climate ›Living in Cottonwood: FAQ
What is the median household income in Cottonwood, AZ?
The median household income in Cottonwood is $48,448, 39% 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 Cottonwood?
The median home value in Cottonwood is $324,100, compared with $394,500 in Arizona.
How much is rent in Cottonwood?
The median gross rent in Cottonwood is $1,120 per month, about 28.9% of household income.
Is Cottonwood, AZ a good place to live?
Pluses: home values 18% lower than the state median; an average commute of 19 minutes; unemployment of 3.1%. Minuses: median household income 39% lower than the Arizona median; a poverty rate of 18.6%.
What is the median age in Cottonwood?
The median age in Cottonwood is 54.7 years (Arizona: 39).
How long is the commute in Cottonwood?
The average commute to work in Cottonwood is 19 minutes; 8.4% of workers work from home.
What is the unemployment rate in Cottonwood?
The unemployment rate in Cottonwood is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cottonwood?
27.5% of adults in Cottonwood 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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