Rio Verde, AZ
Population 2,271 · Arizona
About Rio Verde, AZ
Rio Verde is a small town located in Arizona with a population of 2,271 residents according to the latest US Census Bureau American Community Survey data. The median household income is $141,020 per year, which is 88% above the national median of $75,149. The median age of 72 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 Rio Verde features a median home value of $728,300, which is 197% above the national median of $244,900. This places Rio Verde 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 1,861 total housing units, 99% are owner-occupied (1,277 units) and 1% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Rio Verde 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 3.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Rio Verde have an average one-way commute time of 25.5 minutes.
Education & Demographics
68.6% of Rio Verde residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.4% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.1% of the population being foreign-born.
How Rio Verde Ranks in Arizona
Cost of Living in Rio Verde, AZ
Compared to national averages, Rio Verde has a median household income of $141,020 (88% above the national median of $75,149). Home values average $728,300, which is 197% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Arizona, Rio Verde's income is 127% above the state average of $62,086, and home values are 207% above the state median of $237,048.
Why Live in Rio Verde, AZ?
Rio Verde offers a strong local economy with a median household income of $141,020, 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 0.0%. Additionally, the city features a well-educated community where 68.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $728,300. However, Rio Verde’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Rio Verde has a population of 2,271 with a median age of 72 years. Compare Rio Verde with other cities to see how it stacks up, or explore all cities in Arizona.
Similar Cities Near Rio Verde
Cities in Arizona with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Black Canyon City | 2,297 | $69,718 | $286,900 | Compare |
| Blackwater | 2,245 | $0 | $214,900 | Compare |
| Kearny | 2,245 | $49,688 | $125,700 | Compare |
| Linden | 2,299 | $91,378 | $398,600 | Compare |
| Cibecue | 2,300 | $21,629 | $55,000 | Compare |
| Timberline-Fernwood | 2,326 | $142,135 | $572,100 | Compare |
| Sells | 2,200 | $34,138 | $0 | Compare |
| Valle Vista | 2,376 | $46,690 | $233,300 | 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 Rio Verde With Other Cities
Frequently Asked Questions about Rio Verde
What is the population of Rio Verde, AZ?
The population of Rio Verde, AZ is 2,271 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 Rio Verde?
The median household income in Rio Verde, AZ is $141,020 per year, which is 88% above the national median of $75,149.
What is the median home value in Rio Verde?
The median home value in Rio Verde, AZ is $728,300, which is 197% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Rio Verde?
The median monthly rent in Rio Verde, AZ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Rio Verde?
The unemployment rate in Rio Verde, 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 Rio Verde, AZ a good place to live?
Rio Verde offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,271 and a median age of 72, the city appeals to established professionals and retirees.
How educated is Rio Verde, AZ?
68.6% of residents in Rio Verde 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 Rio Verde?
Key cost-of-living indicators for Rio Verde, AZ: median home value is $728,300 (197% above national), median rent is $0/month, and median household income is $141,020. The home-value-to-income ratio is 5.2x, a moderate figure by national standards.
What is the poverty rate in Rio Verde?
The poverty rate in Rio Verde, AZ is 3.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Rio Verde, AZ?
Rio Verde's population is 1.4% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 3.1% of residents are foreign-born.