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Past meets present in Cave Creek, Arizona, a town in Maricopa County north of Phoenix, adjacent to Carefree. It is the perfect town to settle in if you want a slow-paced lifestyle.
Cave Creek lives by its motto, Where the Wild West Lives. The locals still practice the old western lifestyle. You might even come across people riding horses in this area!
Nature lovers will find delight in the scenic landscapes surrounding Cave Creek. The Sonoran Desert and the National Forest are only a few minutes away from town.
Cave Creek enjoys its dose of Arizonian sunshine year-round. Summer can get torrid, but you can always drive to nearby cities like Carefree for a break from the heat.
Cave Creek also hits the mark when it comes to safety. The rural town has 60% fewer crimes than the rest of the cities in the country.
The town has also enjoyed a steady employment rate for the past few years. The top employers in town are those in the health care, retail, and educational industries.
For families with kids, there are also decent schools in and around Cave Creek, such as:
- Gavilan Peak Elementary School
- Black Mountain Elementary School
- Sonoran Trails Middle School
- Boulder Creek High School
Looking for houses for sale or rent-to-own homes in Cave Creek, AZ?
The median listing price in Cave Creek is at $875k (or $343 per square foot), which is higher than the national average. Houses here usually sell for around $765k.
As of February 2022, Cave Creek remains a seller's market. Listed homes usually last 37 days on the market.
If you're looking to rent, the average rent in Cave Creek is $1917. 75% of the available apartments in town range from $1500 - $2000 per month. Three-bedroom apartments dominate the rental market in Cave Creek at 40%.
Cost of living in Cave Creek, AZ
The cost of living here is 25% higher than the national average. Housing costs alone are 102% higher than most US cities.
However, not all expenses rise beyond the average. Utilities such as electric and water bills are 4% lower than the national average. Groceries are also 3% more affordable here.
Residents here also enjoy 18% cheaper healthcare than the national average.
The median income of households in Cave Creek is $105,317, while an individual has a median income of $65,713.
Popular neighborhoods in Cave Creek, AZ
- These are the most highly-recommended neighborhoods in Cave Creek:
- Willow Springs Estates - ideal neighborhood to buy gorgeous, landscaped homes.
- Mesquite Ranch - has the most affordable house listings in the market; a suitable community for a family with kids.
- Rancho Manana - posh neighborhood surrounded by a golf course and a resort; this is the safest neighborhood in Cave Creek.
Summary
Cave Creek, Arizona, is ideal if you're looking for a town with a low crime rate, a steady employment rate, a lively western way of living, and a house with the best desert view.
Listed homes in Cave Creek are listed at $875k and sold at around $765k. If you're looking to rent, the average rent price is $1917.
Housing costs in Cave Creek are higher, but utilities, groceries, and healthcare are more affordable than in other cities.