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. There's nothing like the smell of a brand new house, and in New River, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to New River, and putting down their money on brand new construction. New River’s real estate is, on average, some of the newest in the nation. New River does seem to be experiencing an influx of affluent people, because 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.
Telecommuters are a relatively large percentage of the workforce: 22.37% 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 very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, New River really has some of the features that families look for when choosing a good community to raise children. Is New River perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
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.
One downside of living in New River is that it can take a long time to commute to work. In New River, the average commute to work is 35.70 minutes, which is quite a bit higher than the national average.
In terms of college education, New River is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 31.56% of adults in New River have a college degree.
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.