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Santa Cruz

Learn about the people, housing, costs and businesses in Santa Cruz, Arizona

Median Rent$506/month
Population42
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare4% education
Home Value Growth+4.2% over 2 years
Young Adults28% of residentsnear the national average
Homeowners56% of occupied units
NotableHighly Educated32% bachelor's · 14% graduate · top 6% nationally
Santa Cruz
AZ

Frequently Asked Questions

What are today's mortgage rates in Santa Cruz?

As of today, the 30-year fixed mortgage rate for Santa Cruz is approximately 6.802% (6.835% 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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Are home values rising in Santa Cruz?

Home values in Santa Cruz have increased 4.2% 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 Santa Cruz?

Based on a typical all-in ownership cost of $394/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $17k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Santa Cruz is $37k/year.

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What industries drive the economy in Santa Cruz?

The largest employment sectors in Santa Cruz are public administration (24%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.