This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
This area is known for its high cost of living, which means you should anticipate higher costs for everyday goods and services, housing, groceries, and health care.
Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.
Tanque Verde, Arizona is a mid-sized city with a population of 15,446 people. According to the most recent Census, 91% of Tanque Verde residents are White, 2% Asian and 0% Black. In Tanque Verde, there seems to be a shift in population towards an older age group. The average age of the population is now 57, which is significantly higher than the nation’s average. If you are looking for a family friendly city, Tanque Verde might be a good fit as 75% of the population over 15 years old are married, and 24% have kids who are 18 years old or younger. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Tanque Verde entails a longer-than-average one-way commute time, averaging 32 minutes.
Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Tanque Verde could be a positive experience compared to other cities in Arizona if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like crime, cost of living, health & safety, housing and other key data points, finding the best places to live in Tanque Verde and in the areas around Tanque Verde is a much easier task.
Tanque Verde has a livability score of 60/100 and is ranked #137 in Arizona and #17,140 in the USA. This score ranks well below the United States average. With such a low livability score, it might be worth investigating a little further. If we examine each of the categories on their own, we see that Tanque Verde ranks well for crime (A) and housing (A). On a more negative note, Tanque Verde does not have favorable grades for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Tanque Verde, the unemployment rate stands at 2.33%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Tanque Verde market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Tanque Verde real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Tanque Verde. Median real estate prices in Tanque Verde come in at $407,500, which is 130.4% higher than the Arizona average. The home price to income ratio compares the median home prices to the median household income. In Tanque Verde, the home price to income ratio is 4, which is 14.3% higher than the Arizona average.
Statistic | Tanque Verde | Arizona | National |
Average one way commute | 32min | 25min | 26min |
Workers who drive to work | 83.0% | 76.7% | 76.4% |
Workers who carpool | 5.6% | 10.9% | 9.3% |
Workers who take public transit | 0.6% | 2.0% | 5.1% |
Workers who bicycle | 0.3% | 1.0% | 0.6% |
Workers who walk | 0.6% | 2.0% | 2.8% |
Working from home | 9.1% | 5.7% | 4.6% |