Miracle Valley, AZ
Population 734 · Arizona
About Miracle Valley, AZ
Miracle Valley is a small community located in Arizona with a population of 734 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,403 per year, which is 32% below the national median of $75,149. The median age of 55.3 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 Miracle Valley features a median home value of $84,800, which is 65% below the national median of $244,900. This makes Miracle Valley one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 251 total housing units, 80% are owner-occupied (202 units) and 20% are renter-occupied (49 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Miracle Valley shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Miracle Valley have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
31.8% of Miracle Valley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 1.6% Asian residents, with 1.6% of the population being foreign-born.
Cost of Living in Miracle Valley, AZ
Compared to national averages, Miracle Valley has a median household income of $51,403 (32% below the national median of $75,149). Home values average $84,800, which is 65% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Arizona, Miracle Valley's income is 17% below the state average of $62,086, and home values are 64% below the state median of $237,048.
Why Live in Miracle Valley, AZ?
Miracle Valley offers affordable housing with a median home value of $84,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 10.9%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($51,403) that falls below the national average. However, Miracle Valley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Miracle Valley has a population of 734 with a median age of 55.3 years. Compare Miracle Valley with other cities to see how it stacks up, or explore all cities in Arizona.
Similar Cities Near Miracle Valley
Cities in Arizona with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Salome | 731 | $0 | $117,700 | Compare |
| Seligman | 731 | $0 | $94,800 | Compare |
| Sanders | 738 | $31,838 | $0 | Compare |
| Maricopa Colony | 723 | $35,833 | $0 | Compare |
| Sonoita | 721 | $90,000 | $429,400 | Compare |
| Munds Park | 752 | $0 | $397,100 | Compare |
| Kykotsmovi Village | 758 | $54,306 | $106,700 | Compare |
| Peeples Valley | 707 | $63,750 | $271,400 | 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 Miracle Valley With Other Cities
Frequently Asked Questions about Miracle Valley
What is the population of Miracle Valley, AZ?
The population of Miracle Valley, AZ is 734 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Arizona.
What is the median household income in Miracle Valley?
The median household income in Miracle Valley, AZ is $51,403 per year, which is 32% below the national median of $75,149.
What is the median home value in Miracle Valley?
The median home value in Miracle Valley, AZ is $84,800, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Miracle Valley?
The median monthly rent in Miracle Valley, AZ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Miracle Valley?
The unemployment rate in Miracle Valley, AZ is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Miracle Valley, AZ a good place to live?
Miracle Valley offers a moderate cost of living, affordable housing, and a strong job market. With a population of 734 and a median age of 55.3, the city appeals to established professionals and retirees.
How educated is Miracle Valley, AZ?
31.8% of residents in Miracle Valley 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 Miracle Valley?
Key cost-of-living indicators for Miracle Valley, AZ: median home value is $84,800 (65% below national), median rent is $0/month, and median household income is $51,403. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Miracle Valley?
The poverty rate in Miracle Valley, AZ is 10.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Miracle Valley, AZ?
Miracle Valley's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 1.6% Asian, and 0.0% two or more races. 1.6% of residents are foreign-born.