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Carefree, Arizona

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,683
Population
$147,165
Median Income
$1,088,100
Home Value
64.9
Median Age

Demographics

Carefree has a population of 3,683 with a median age of 64.9. Here is the racial and ethnic breakdown of the population:

White
97.3%
Asian
1.5%
Hispanic
1.0%
Demographic Value
Total Population3,683
Median Age64.9
White97.3%
Asian1.5%
Hispanic or Latino1.0%
Carefree, Arizona — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 97.5%Other: 2.5%3,683PopulationWhiteWhite97.5%OtherOther2.5%

Income & Economy

The median household income in Carefree is $147,165, which is 82.6% above the national median of $80,610. The per capita income is $93,927. The poverty rate is 11.3%.

$147,165
Median Household Income
$93,927
Per Capita Income
11.3%
Poverty Rate

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Education

In Carefree, 99.0% of residents age 25+ have a high school diploma or higher, and 61.0% hold a bachelor's degree or higher (23.1% with a graduate or professional degree).

HS Diploma+
99.0%
Bachelor's+
61.0%
Graduate+
23.1%
Education Level % of Adults (25+)
High School Diploma or Higher99.0%
Bachelor's Degree or Higher61.0%
Graduate or Professional Degree23.1%

Housing

The median home value in Carefree is $1,088,100, above the national median of $303,400. The median monthly rent is $1,538. The homeownership rate is 91.1%.

$1,088,100
Median Home Value
$1,538/mo
Median Rent
91.1%
Homeownership Rate
Housing Metric Value
Median Home Value$1,088,100
Median Monthly Rent$1,538
Homeownership Rate91.1%
Vacancy Rate20.3%

Salaries in Arizona

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Frequently Asked Questions

What is the population of Carefree, Arizona?
The population of Carefree, Arizona is 3,683 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Carefree, Arizona?
The median household income in Carefree, Arizona is $147,165. This is 82.6% above the national median of $80,610.
What is the median home value in Carefree, Arizona?
The median home value in Carefree, Arizona is $1,088,100. The median monthly rent is $1,538.
What percentage of people in Carefree have a college degree?
In Carefree, Arizona, 61.0% of adults age 25 and older hold a bachelor's degree or higher, and 99.0% have a high school diploma or higher.
Is Carefree, Arizona an affordable place to live?
The home price-to-income ratio in Carefree, Arizona is 7.4x (median home value $1,088,100 vs. median income $147,165), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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