New River, Arizona.
Typical home $758,272 (+1.8% in a year). Phoenix-Mesa-Chandler, AZ metro.
to buy the typical home at today's mortgage rate — +$2,292 (+136%) since Jan 2020.
- 1 year
- Up $13,142 +2%
- $745,130$758,272 since Sep 2025
- 5 years
- Up $121,063 +19%
- $637,209$758,272 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- New River$3,980
- Arizona$2,187
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 20 years.
Typical home values in New River, AZ rose 1.8% over the past year — faster than the nation's +1.2%.
Living in New River, Maricopa County, Arizona
New River, in Maricopa County, had 17,290 people in the 2020 census. Half its households earn more than $134,289 a year and half less, against $89,300 across Maricopa County; 6% of its people live below the poverty line. 95% of its homes are lived in by their owners and 5% are rented. Unemployment in Maricopa County was 4.8% in August 2026, and the county had 0.4% more jobs in 2025 than the year before. The most residents work in construction, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 24 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. New River is a community north of Phoenix where nearly everyone owns their home, and the people who live there are older than in most places, with a typical age past the middle of life. Household incomes run well above the county's, fewer residents live in poverty, and typical home values are high. Winters are mild and summers are hot, with little or no snow and not much rain through the year.
Work. Many residents work in the building trades, in schools, hospitals and social care, in banks, insurance and property, or in professional and business services. A four-year degree is held by fewer adults than you might expect given the incomes. Commutes are long, and a good number of people work from home. Across Maricopa County, some of the largest workplaces are the City of Phoenix, Arizona State University Campus Immersion and Mayo Clinic Hospital.
Things to do. Daisy Mountain Preserve is a protected area in or beside town, and Pioneer Living History Village, a museum, is a short drive away. The Ben Avery Shooting Facility, a tourist attraction, is also a short drive away. For a longer outing, Lake Pleasant Regional Park is a protected area a longer drive away.
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- 7,096households
- 32%of adults have a degree
- 6%below the poverty line
- 34 mintypical commute
- 27%work from home
What residents work in
Employed residents by industry, from the Census survey. Maricopa County had 2,289,324 jobs in 2025, 0.4% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 64° and lows near 41°; warmest in July, with highs near 103° and lows near 76°. About 13 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Carefree weather station, 12 miles away (NOAA).
Largest workplaces in Maricopa County
- City of PhoenixPolice and fire departments, combined15,698
- Arizona State University Campus ImmersionUniversity or college14,448
- Educational ServicesEducational support services8,425
- IES CommunicationsLow voltage electrical work8,143
- Mayo Clinic HospitalGeneral hospital7,876FTE
- Grand Canyon UniversityUniversity or college7,773
- Mesa Unified District (4235)School district7,509FTE
- Phoenix Children's HospitalChildren's hospital5,836FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3,542 workplaces with 20 or more staff, 658,585 people in all across the county; New River has none of its own. Colleges come from IPEDS (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Heat wavesVery high
- WildfireRelatively high
- Inland floodingRelatively high
- HailRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in New River’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Maricopa County and the Phoenix-Mesa-Chandler, AZ metro.
New River home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- New River$758,272
- Arizona$416,733
- United States$366,157
Sellers are cutting prices on about 1 in 3 New River listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- New River32.00%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- New River125
New listings per month
Sellers arriving at the market.
- New River27
Zip codes with a New River address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls New River — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.