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 $120,279.00.
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.
A relatively large number of people in New River telecommute to their jobs. Overall, about 22.37% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
New River is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, New River’s overall crime rate is lower than average for the country.
Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, New River is worth considering.
In New River, however, the average commute to work is quite long. On average, people spend 35.70 minutes each day getting to work, which is significantly higher than the national average.
The overall education level of New River citizens is substantially higher than the typical US community, as 31.56% of adults in New River have at least a bachelor's degree, and the average American community has 21.84%.
The per capita income in New River in 2022 was $61,658, which is wealthy relative to Arizona and the nation. This equates to an annual income of $246,632 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 Swedish.
The most common language spoken in New River is English. Other important languages spoken here include Italian and Spanish.