Parks, AZ
Population 1,514 · Arizona
About Parks, AZ
Parks is a small town located in Arizona with a population of 1,514 residents according to the latest US Census Bureau American Community Survey data. The median household income is $90,625 per year, which is 21% above the national median of $75,149. The median age of 43.6 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 Parks features a median home value of $562,900, which is 130% above the national median of $244,900. This places Parks in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 1,228 total housing units, 90% are owner-occupied (528 units) and 10% are renter-occupied (60 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Parks shows an unemployment rate of 0.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Parks have an average one-way commute time of 32.6 minutes.
Education & Demographics
41.7% of Parks 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 1.7% White, 4.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Parks Ranks in Arizona
Cost of Living in Parks, AZ
Compared to national averages, Parks has a median household income of $90,625 (21% above the national median of $75,149). Home values average $562,900, which is 130% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Arizona, Parks's income is 46% above the state average of $62,086, and home values are 137% above the state median of $237,048.
Why Live in Parks, AZ?
Parks offers a strong local economy with a median household income of $90,625, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.6%. Additionally, the city features a well-educated community where 41.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $562,900. However, Parks’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Parks has a population of 1,514 with a median age of 43.6 years. Compare Parks with other cities to see how it stacks up, or explore all cities in Arizona.
Similar Cities Near Parks
Cities in Arizona with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Morenci | 1,514 | $79,800 | $0 | Compare |
| Cactus Flats | 1,550 | $75,160 | $288,600 | Compare |
| North Fork | 1,454 | $89,700 | $88,100 | Compare |
| Bellemont | 1,447 | $116,532 | $456,800 | Compare |
| Beaver Dam | 1,590 | $47,256 | $0 | Compare |
| Miami | 1,436 | $44,286 | $74,600 | Compare |
| Tonto Basin | 1,593 | $50,871 | $253,400 | Compare |
| Mescal | 1,601 | $52,465 | $182,900 | 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 Parks With Other Cities
Frequently Asked Questions about Parks
What is the population of Parks, AZ?
The population of Parks, AZ is 1,514 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 Parks?
The median household income in Parks, AZ is $90,625 per year, which is 21% above the national median of $75,149.
What is the median home value in Parks?
The median home value in Parks, AZ is $562,900, which is 130% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Parks?
The median monthly rent in Parks, AZ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Parks?
The unemployment rate in Parks, AZ is 0.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Parks, AZ a good place to live?
Parks offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,514 and a median age of 43.6, the city appeals to a broad range of residents.
How educated is Parks, AZ?
41.7% of residents in Parks aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Parks?
Key cost-of-living indicators for Parks, AZ: median home value is $562,900 (130% above national), median rent is $0/month, and median household income is $90,625. The home-value-to-income ratio is 6.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Parks?
The poverty rate in Parks, AZ is 4.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Parks, AZ?
Parks's population is 1.7% White, 4.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.