Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 64.2 yrs |
|---|---|
| Avg HH Size | 1.94 |
| Below Poverty | 8.4% ▼ 16% below avg |
| College Grads | 71.3% ▲ 84% above avg |
| Unemployment | 4.3% ▼ 12% below avg |
| HS Graduate | 261 (8.4%) |
| Some College | 176 (5.7%) |
| Associates | 450 (14.6%) |
| Bachelors | 250 (8.1%) |
| Graduate Degree | 1,954 (63.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $143,315 ▲ 88% above avg |
|---|---|
| Median Home Value | $1,058,600 ▲ 280% above avg |
| Home/Income Ratio | 7.4x (nat avg ~3.5x) |
| Median Rent | $1,685/mo |
| Total Housing Units | 2,258 |
| Vacant Units | 522 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Carefree is a city in Arizona, located in Maricopa County. The city spans 1 ZIP code and is home to approximately 3,452 residents. It is an older city, with a median age of 64.2 years.
Economically, Carefree is a upper-middle-income community. The median household income of $143,315 is significantly above the national average. Approximately 8.4% of residents live below the poverty line. The unemployment rate is 4.3%, near the national average.
The real estate market in Carefree is among the most expensive housing markets in the country. Median home values stand at $1,058,600, which is more than double the national average. Renters typically pay around $1,685 per month. Homeownership is high at 90.5%, typical of suburban and family-oriented communities.
The population of Carefree is highly educated. 71.3% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (96.9%).
Carefree, AZ offers residents above-average earning potential within Arizona.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 85377 | 3,452 | $143,315 | $1,058,600 | $1,685 | 4.3% | 71.3% | 90.5% |