New River is a medium-sized town located in the state of Arizona. With a population of 17,290 people and four associated neighborhoods, New River is the 39th largest community in Arizona. Much of the housing stock in New River was built relatively recently. The construction of new real estate can often be taken as an indication that the local New River economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in New River, where the median household income is $134,289.00.
New River home prices are not only among the most expensive in Arizona, but New River real estate also consistently ranks among the most expensive in America.
Telecommuters are a relatively large percentage of the workforce: 26.59% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, New River is a great place for families with children to consider. First of all, many other families with children live here, making New River a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, New River has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, New River’s overall crime rate is lower than average for the country.
It is a fairly quiet town because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) New River has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. New River has few renters and college students. But the biggest reason it is quieter in New River than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, New River may be for you.
One downside of living in New River, however, is that residents on average have to contend with a long commute, spending on average 36.72 minutes every day commuting to work.
The education level of New River citizens is substantially higher than the typical US community, as 31.51% of adults in New River have at least a bachelor's degree.
The per capita income in New River in 2022 was $65,465, which is wealthy relative to Arizona and the nation. This equates to an annual income of $261,860 for a family of four.
New River is a somewhat ethnically-diverse town. The people who call New River home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New River residents report their race to be White, followed by Asian. Important ancestries of people in New River include German, English, Irish, Italian, and European.
The most common language spoken in New River is English. Other important languages spoken here include Italian and Spanish.