Tanque Verde, AZ
Population 15,531 · Arizona
About Tanque Verde, AZ
Tanque Verde is a mid-sized city located in Arizona with a population of 15,531 residents according to the latest US Census Bureau American Community Survey data. The median household income is $119,212 per year, which is 59% above the national median of $75,149. The median age of 57.5 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 Tanque Verde features a median home value of $573,000, which is 134% above the national median of $244,900. This places Tanque Verde in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,145, 84% above the national average of $1,163/month. Of the 7,096 total housing units, 96% are owner-occupied (6,172 units) and 4% are renter-occupied (270 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Tanque Verde shows an unemployment rate of 5.0%, which is near the national rate of 3.7%. The poverty rate stands at 2.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Tanque Verde have an average one-way commute time of 29.5 minutes.
Education & Demographics
56.8% of Tanque 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 8.5% White, 1.1% Hispanic or Latino, 0.2% Black or African American, and 1.5% Asian residents, with 6.0% of the population being foreign-born.
Climate & Weather
Tanque Verde experiences an annual average temperature of 71°F with 13.39" of precipitation per year. The warm climate makes it appealing for those who prefer mild winters and plenty of sunshine. Summer highs average around 102°F (July–August), while winter lows dip to approximately 43°F (December–January).
How Tanque Verde Ranks in Arizona
Cost of Living in Tanque Verde, AZ
Compared to national averages, Tanque Verde has a median household income of $119,212 (59% above the national median of $75,149). Home values average $573,000, which is 134% above the national median. Monthly rent at $2,145 is 84% above the US average of $1,163. Within Arizona, Tanque Verde's income is 92% above the state average of $62,086, and home values are 142% above the state median of $237,048.
Why Live in Tanque Verde, AZ?
Tanque Verde offers a strong local economy with a median household income of $119,212, well above the national average, and a well-educated community where 56.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $573,000. However, Tanque Verde’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Tanque Verde has a population of 15,531 with a median age of 57.5 years. Compare Tanque Verde with other cities to see how it stacks up, or explore all cities in Arizona.
Similar Cities Near Tanque Verde
Cities in Arizona with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fort Mohave | 15,716 | $65,417 | $274,600 | Compare |
| Vail | 15,722 | $121,385 | $367,500 | Compare |
| Coolidge | 15,300 | $57,161 | $203,100 | Compare |
| Douglas | 16,118 | $39,350 | $138,200 | Compare |
| Payson | 16,494 | $65,175 | $343,200 | Compare |
| Eloy | 16,671 | $54,080 | $243,600 | Compare |
| Somerton | 14,383 | $71,825 | $206,100 | Compare |
| New Kingman-Butler | 14,281 | $42,604 | $100,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Climate & Weather in Tanque Verde
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 59 | 63 | 69 | 84 | 90 | 98 | 105 | 100 | 97 | 87 | 74 | 67 |
| Low °F | 41 | 41 | 47 | 56 | 65 | 72 | 81 | 78 | 75 | 65 | 53 | 46 |
| Rain " | 3.7 | 2.4 | 1.8 | 0.0 | 0.1 | 0.0 | 0.0 | 1.3 | 1.2 | 0.1 | 0.8 | 1.9 |
Other Cities in Arizona
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Tanque Verde With Other Cities
Frequently Asked Questions about Tanque Verde
What is the population of Tanque Verde, AZ?
The population of Tanque Verde, AZ is 15,531 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Arizona.
What is the median household income in Tanque Verde?
The median household income in Tanque Verde, AZ is $119,212 per year, which is 59% above the national median of $75,149.
What is the median home value in Tanque Verde?
The median home value in Tanque Verde, AZ is $573,000, which is 134% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Tanque Verde?
The median monthly rent in Tanque Verde, AZ is $2,145, which is 84% above the national average of $1,163/month.
What is the unemployment rate in Tanque Verde?
The unemployment rate in Tanque Verde, AZ is 5.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Tanque Verde, AZ a good place to live?
Tanque Verde offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 15,531 and a median age of 57.5, the city appeals to established professionals and retirees.
How educated is Tanque Verde, AZ?
56.8% of residents in Tanque 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 Tanque Verde?
Key cost-of-living indicators for Tanque Verde, AZ: median home value is $573,000 (134% above national), median rent is $2,145/month, and median household income is $119,212. The home-value-to-income ratio is 4.8x, a moderate figure by national standards.
What is the poverty rate in Tanque Verde?
The poverty rate in Tanque Verde, AZ is 2.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Tanque Verde, AZ?
Tanque Verde's population is 8.5% White, 1.1% Hispanic or Latino, 0.2% Black or African American, 1.5% Asian, and 0.6% two or more races. 6.0% of residents are foreign-born.