Living in Verde Village, Arizona

Cost of living, income, home prices, rent and demographics of Verde Village · Census data 2020–2024

Verde Village has 11,930 residents with a median age of 47.7. The median household income is $69,331 (13% lower than the Arizona median), the median home value is $354,200, the median rent is $1,173/month.

Verde Village at a glance

Population
11,930
Median age
47.7State: 39
Median household income
$69,331State: $79,964
Median home value
$354,200State: $394,500
Median rent
$1,173/moState: $1,543
Homeowners
80%
Bachelor's degree or higher
27.4%
Average commute
20 min

Is Verde Village a good place to live?

Pros: Home values 10% lower than the state median; an average commute of 20 minutes; unemployment of 4.7%.

Cons: Median household income 13% lower than the Arizona median; a poverty rate of 13.1%.

The weather is best in March–April and October–November.

Cost of living in Verde Village

Housing is the biggest part of the cost of living. In Verde Village the median home value is $354,200, 6% higher than the U.S. median. Renters pay a median of $1,173 per month, which is 33.4% of household income. Homeowners with a mortgage pay $1,530 a month in housing costs.

Median home value

Verde Village$354,200
Arizona$394,500
United States$332,700

Median monthly rent

Verde Village$1,173
Arizona$1,543
United States$1,413

Verde Village median household income

The median household income in Verde Village is $69,331 and the income per person is $36,086. 13.1% of residents live below the poverty line (Arizona: 12.5%).

Median household income

Verde Village$69,331
Arizona$79,964
United States$80,734

Housing in Verde Village: homes for sale and rent

Housing units
5,187
Owner-occupied
80%
Renter-occupied
20%
Vacant
2.9%Includes seasonal homes
Median year built
1988
Average household size
2.35

Verde Village demographics

Population
11,930
Median age
47.7
Under 18
18.8%
65 and older
25.9%
Households
5,038
Foreign-born
8%
Veterans
10.4%Adults 18+

Race and ethnicity

White76.2%
Hispanic or Latino17%
Black0.2%
Asian1.1%

Hispanic or Latino can be of any race. Population history of Verde Village ›

Education in Verde Village

27.4% of adults 25 and older in Verde Village have a bachelor's degree or higher (Arizona: 33.3%), and 13.1% have a graduate or professional degree.

Bachelor's degree or higher

Verde Village27.4%
Arizona33.3%
United States35.7%

Jobs and commute in Verde Village

Unemployment rate
4.7%State: 5.1%
Average commute
20 minState: 25 min
Work from home
8.5%
Drive alone
77.8%
Public transit
0%
Walk to work
0.7%
Homes with broadband
90.1%

Verde Village vs nearby towns

TownPopulationMedian incomeHome valueRent
Verde Village11,930$69,331$354,200$1,173
Cottonwood12,580$48,448$324,100$1,120
Clarkdale4,758$46,563$373,600$1,321
Cornville3,618$72,596$367,100$1,560
Jerome231$40,096$386,800$957
Lake Montezuma4,929$64,455$285,200$1,238
Camp Verde12,521$69,203$318,100$1,059
Sedona9,777$73,738$786,800$1,448
Village of Oak Creek (Big Park)6,356$80,878$741,100$1,786

More for people moving to Verde Village

Verde Village ZIP code ›Weather and climate ›

Living in Verde Village: FAQ

What is the median household income in Verde Village, AZ?

The median household income in Verde Village is $69,331, 13% 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 Verde Village?

The median home value in Verde Village is $354,200, compared with $394,500 in Arizona.

How much is rent in Verde Village?

The median gross rent in Verde Village is $1,173 per month, about 33.4% of household income.

Is Verde Village, AZ a good place to live?

Pluses: home values 10% lower than the state median; an average commute of 20 minutes; unemployment of 4.7%. Minuses: median household income 13% lower than the Arizona median; a poverty rate of 13.1%.

What is the median age in Verde Village?

The median age in Verde Village is 47.7 years (Arizona: 39).

How long is the commute in Verde Village?

The average commute to work in Verde Village is 20 minutes; 8.5% of workers work from home.

What is the unemployment rate in Verde Village?

The unemployment rate in Verde Village is 4.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Verde Village?

27.4% of adults in Verde Village 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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