Cordes Lakes, AZ
Population 3,218 · Arizona
About Cordes Lakes, AZ
Cordes Lakes is a small town located in Arizona with a population of 3,218 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,691 per year, which is 26% below the national median of $75,149. The median age of 56.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Cordes Lakes features a median home value of $153,600, which is 37% below the national median of $244,900. This positions Cordes Lakes in a moderately priced market relative to the rest of the country. Median monthly rent is $1,110, 5% below the national average of $1,163/month. Of the 1,522 total housing units, 84% are owner-occupied (1,140 units) and 16% are renter-occupied (220 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cordes Lakes shows an unemployment rate of 5.3%, which is near the national rate of 3.7%. The poverty rate stands at 7.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cordes Lakes have an average one-way commute time of 34.4 minutes.
Education & Demographics
12.0% of Cordes Lakes residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 11.4% White, 0.6% Hispanic or Latino, 1.8% Black or African American, and 3.2% Asian residents, with 6.0% of the population being foreign-born.
Cost of Living in Cordes Lakes, AZ
Compared to national averages, Cordes Lakes has a median household income of $55,691 (26% below the national median of $75,149). Home values average $153,600, which is 37% below the national median. Monthly rent at $1,110 is 5% below the US average of $1,163. Within Arizona, Cordes Lakes's income is 10% below the state average of $62,086, and home values are 35% below the state median of $237,048.
Why Live in Cordes Lakes, AZ?
Cordes Lakes offers affordable housing with a median home value of $153,600, below the US average of $244,900, and rent that’s lower than the national average at $1,110/month, and a low poverty rate of 7.7%, better than the national average.
Potential considerations include median household income ($55,691) that falls below the national average. However, Cordes Lakes’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cordes Lakes has a population of 3,218 with a median age of 56.3 years. Compare Cordes Lakes with other cities to see how it stacks up, or explore all cities in Arizona.
Similar Cities Near Cordes Lakes
Cities in Arizona with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Heber-Overgaard | 3,216 | $56,667 | $281,600 | Compare |
| Kachina Village | 3,212 | $79,085 | $406,000 | Compare |
| Lake of the Woods | 3,227 | $55,531 | $208,800 | Compare |
| Willcox | 3,236 | $40,750 | $155,000 | Compare |
| Red Rock CDP (Pinal County), Arizona | 3,243 | $79,167 | $252,500 | Compare |
| San Manuel | 3,269 | $48,333 | $112,600 | Compare |
| Oracle | 3,154 | $66,729 | $209,000 | Compare |
| Williams | 3,322 | $66,183 | $457,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arizona
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cordes Lakes With Other Cities
Frequently Asked Questions about Cordes Lakes
What is the population of Cordes Lakes, AZ?
The population of Cordes Lakes, AZ is 3,218 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Arizona.
What is the median household income in Cordes Lakes?
The median household income in Cordes Lakes, AZ is $55,691 per year, which is 26% below the national median of $75,149.
What is the median home value in Cordes Lakes?
The median home value in Cordes Lakes, AZ is $153,600, which is 37% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cordes Lakes?
The median monthly rent in Cordes Lakes, AZ is $1,110, which is 5% below the national average of $1,163/month.
What is the unemployment rate in Cordes Lakes?
The unemployment rate in Cordes Lakes, AZ is 5.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cordes Lakes, AZ a good place to live?
Cordes Lakes offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 3,218 and a median age of 56.3, the city appeals to established professionals and retirees.
How educated is Cordes Lakes, AZ?
12.0% of residents in Cordes Lakes aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Cordes Lakes?
Key cost-of-living indicators for Cordes Lakes, AZ: median home value is $153,600 (37% below national), median rent is $1,110/month, and median household income is $55,691. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cordes Lakes?
The poverty rate in Cordes Lakes, AZ is 7.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cordes Lakes, AZ?
Cordes Lakes's population is 11.4% White, 0.6% Hispanic or Latino, 1.8% Black or African American, 3.2% Asian, and 1.6% two or more races. 6.0% of residents are foreign-born.