Apartments for rent in Carefree, AZ

Carefree, Arizona is a small town with a population of just over 3,000. Retirees can expect to fit right in, as they account for 51% of the population compared to 14% nationally, while young adults are less well-represented. Overall, the town's residents, at an average age of just under 60, skew notably older than most cities in Arizona. The majority of residents own their homes in Carefree, and 20% of residents rent. Relatively high rent costs could play a role, as the average rent of $1,209 a month is substantially higher than the state average of $1,043.

With an average commute time of about 31 minutes, slower than most cities in Arizona, Carefree residents know that getting to work takes some patience. Many residents (25%) commute to work by car or truck, while public transit isn't used. Walking isn't a common means of commuting to work.

Many Carefree residents work in one of two industries: retail and scientific. Combined, these industries account for 11% of the workforce in the town. Meanwhile, looking at job function, many of the town's workers are in management, as 11% of the town's population reports this as their field of work, the highest number of any career path. Carefree workers earn an average annual income of almost $112,000, the third-highest average income of any municipality in Arizona. The town's average income also compares favorably to the national average of $73,345. Compared to the national average (7%), Carefree has a large concentration of residents older than 25 who have advanced degrees, as 14% possess a Master's degree or a Doctorate. Furthermore, 39% have a Bachelor's degree, which also outpaces the national average.