Living in Rio Verde, Arizona
Cost of living, income, home prices, rent and demographics of Rio Verde · Census data 2020–2024
Rio Verde has 2,261 residents with a median age of 71.1. The median household income is $131,723 (65% higher than the Arizona median), the median home value is $774,100.
Rio Verde at a glance
- Population
- 2,261
- Median age
- 71.1State: 39
- Median household income
- $131,723State: $79,964
- Median home value
- $774,100State: $394,500
- Homeowners
- 96.3%
- Bachelor's degree or higher
- 63.9%
- Average commute
- 29 min
Is Rio Verde a good place to live?
Pros: Median household income 65% higher than the Arizona median; unemployment of 0%; a poverty rate of 6.3%.
Cons: Home values 96% higher than the state median; an average commute of 29 minutes.
The weather is best in March–April and October–November.
Cost of living in Rio Verde
Housing is the biggest part of the cost of living. In Rio Verde the median home value is $774,100, 133% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,638 a month in housing costs.
Rio Verde median household income
The median household income in Rio Verde is $131,723 and the income per person is $98,493. 6.3% of residents live below the poverty line (Arizona: 12.5%).
Housing in Rio Verde: homes for sale and rent
- Housing units
- 1,738
- Owner-occupied
- 96.3%
- Renter-occupied
- 3.7%
- Vacant
- 25.1%Includes seasonal homes
- Median year built
- 1994
- Average household size
- 1.74
Rio Verde demographics
- Population
- 2,261
- Median age
- 71.1
- Under 18
- 0%
- 65 and older
- 84.8%
- Households
- 1,301
- Foreign-born
- 2.3%
- Veterans
- 9.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Rio Verde ›
Education in Rio Verde
63.9% of adults 25 and older in Rio Verde have a bachelor's degree or higher (Arizona: 33.3%), and 21% have a graduate or professional degree.
Jobs and commute in Rio Verde
- Unemployment rate
- 0%State: 5.1%
- Average commute
- 29 minState: 25 min
- Work from home
- 66.1%
- Drive alone
- 32.4%
- Public transit
- 0%
- Walk to work
- 1.5%
- Homes with broadband
- 96.2%
Rio Verde vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Rio Verde | 2,261 | $131,723 | $774,100 | — |
| Fountain Hills | 23,789 | $112,654 | $622,900 | $1,890 |
| Scottsdale | 243,821 | $110,886 | $789,800 | $2,013 |
| Carefree | 3,683 | $147,165 | $1,088,100 | $1,538 |
| Cave Creek | 5,091 | $107,067 | $906,100 | $2,493 |
| Paradise Valley | 12,611 | $247,159 | $2,000,001 | $3,501 |
| Mesa | 511,764 | $82,752 | $408,000 | $1,620 |
| Tonto Basin | 1,750 | $50,762 | $269,100 | — |
| Apache Junction | 41,058 | $60,975 | $211,500 | $1,146 |
More for people moving to Rio Verde
Rio Verde ZIP code ›Weather and climate ›Living in Rio Verde: FAQ
What is the median household income in Rio Verde, AZ?
The median household income in Rio Verde is $131,723, 65% 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 Rio Verde?
The median home value in Rio Verde is $774,100, compared with $394,500 in Arizona.
Is Rio Verde, AZ a good place to live?
Pluses: median household income 65% higher than the Arizona median; unemployment of 0%; a poverty rate of 6.3%. Minuses: home values 96% higher than the state median; an average commute of 29 minutes.
What is the median age in Rio Verde?
The median age in Rio Verde is 71.1 years (Arizona: 39).
How long is the commute in Rio Verde?
The average commute to work in Rio Verde is 29 minutes; 66.1% of workers work from home.
What is the unemployment rate in Rio Verde?
The unemployment rate in Rio Verde is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Rio Verde?
63.9% of adults in Rio Verde 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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