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Cedar Creek

Learn about the people, housing, costs and businesses in Cedar Creek, Arizona

Median Home$54,200
Median Rent$883/month
Population403
Leading IndustryRetail27% of local workforce
Home Value Growth+5.2% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners62% of occupied units
Cedar Creek
AZ

Frequently Asked Questions

What are today's mortgage rates in Cedar Creek?

As of today, the 30-year fixed mortgage rate for Cedar Creek is approximately 7.015% (7.055% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Cedar Creek?

The median home value in Cedar Creek is $54k. The median monthly rent is $883. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cedar Creek?

Home values in Cedar Creek have increased 5.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Cedar Creek?

Based on a typical all-in ownership cost of $604/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cedar Creek is $45k/year.

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What industries drive the economy in Cedar Creek?

The largest employment sectors in Cedar Creek are retail (27%) and public administration (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.