Living in New River, Arizona
Cost of living, income, home prices, rent and demographics of New River · Census data 2020–2024
New River has 18,240 residents with a median age of 50.7. The median household income is $134,289 (68% higher than the Arizona median), the median home value is $640,600, the median rent is $1,948/month.
New River at a glance
- Population
- 18,240
- Median age
- 50.7State: 39
- Median household income
- $134,289State: $79,964
- Median home value
- $640,600State: $394,500
- Median rent
- $1,948/moState: $1,543
- Homeowners
- 94.7%
- Bachelor's degree or higher
- 31.5%
- Average commute
- 34 min
Is New River a good place to live?
Pros: Median household income 68% higher than the Arizona median; unemployment of 3%; a poverty rate of 6.3%.
Cons: Home values 62% higher than the state median; an average commute of 34 minutes.
The weather is best in February to April and November.
Cost of living in New River
Housing is the biggest part of the cost of living. In New River the median home value is $640,600, 93% higher than the U.S. median. Renters pay a median of $1,948 per month, which is 33.9% of household income. Homeowners with a mortgage pay $2,365 a month in housing costs.
New River median household income
The median household income in New River is $134,289 and the income per person is $65,465. 6.3% of residents live below the poverty line (Arizona: 12.5%).
Housing in New River: homes for sale and rent
- Housing units
- 7,419
- Owner-occupied
- 94.7%
- Renter-occupied
- 5.3%
- Vacant
- 4.4%Includes seasonal homes
- Median year built
- 2003
- Average household size
- 2.56
New River demographics
- Population
- 18,240
- Median age
- 50.7
- Under 18
- 19.7%
- 65 and older
- 21.7%
- Households
- 7,096
- Foreign-born
- 2.6%
- Veterans
- 11.8%Adults 18+
Hispanic or Latino can be of any race. Population history of New River ›
Education in New River
31.5% of adults 25 and older in New River have a bachelor's degree or higher (Arizona: 33.3%), and 10.5% have a graduate or professional degree.
Jobs and commute in New River
- Unemployment rate
- 3%State: 5.1%
- Average commute
- 34 minState: 25 min
- Work from home
- 26.6%
- Drive alone
- 63.5%
- Public transit
- 0.7%
- Walk to work
- 1.5%
- Homes with broadband
- 96.8%
New River vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New River | 18,240 | $134,289 | $640,600 | $1,948 |
| Anthem | 22,584 | $120,613 | $569,900 | $2,548 |
| Cave Creek | 5,091 | $107,067 | $906,100 | $2,493 |
| Carefree | 3,683 | $147,165 | $1,088,100 | $1,538 |
| Black Canyon City | 2,181 | $47,465 | $288,500 | — |
| Peoria | 196,906 | $95,815 | $463,600 | $1,843 |
| Scottsdale | 243,821 | $110,886 | $789,800 | $2,013 |
| Sun City West | 27,425 | $63,685 | $377,800 | $1,672 |
| Phoenix | 1,642,323 | $81,332 | $420,700 | $1,582 |
More for people moving to New River
New River ZIP code ›Weather and climate ›Living in New River: FAQ
What is the median household income in New River, AZ?
The median household income in New River is $134,289, 68% 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 New River?
The median home value in New River is $640,600, compared with $394,500 in Arizona.
How much is rent in New River?
The median gross rent in New River is $1,948 per month, about 33.9% of household income.
Is New River, AZ a good place to live?
Pluses: median household income 68% higher than the Arizona median; unemployment of 3%; a poverty rate of 6.3%. Minuses: home values 62% higher than the state median; an average commute of 34 minutes.
What is the median age in New River?
The median age in New River is 50.7 years (Arizona: 39).
How long is the commute in New River?
The average commute to work in New River is 34 minutes; 26.6% of workers work from home.
What is the unemployment rate in New River?
The unemployment rate in New River is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New River?
31.5% of adults in New River 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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