Paradise Valley, AZ

Full City Profile · Arizona · Maricopa County County

3.2 /5.0
B Good
12,621 Population 821/sq mi density
$236,250 Median Income $149,318 per capita
$2,000,001 Home Value $3,522,707 Zillow
$3,501 Median Rent 17.4% income on rent
73°F Avg Temperature
80 Violent Crime/100K 989 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$236,250 median income, 2.5% unemployment
D
Affordability
1.9 / 5.0
$2,000,001 home value, $3,501/mo rent
F
Safety
1.0 / 5.0
80 violent crimes/100K
A+
Education
5.0 / 5.0
72.9% bachelor's degree or higher

Paradise Valley, AZ

At a Glance

Median Income
$236,250
214% above
$149,318 per capita
Home Value
$2,000,001
609% above
Zillow: $3,522,707
Median Rent
$3,501/mo
201% above
17.4% of income on rent
Violent Crime
80/100K
79% below
989/100K property
Bachelor's Degree+
72.9%
116% above
98.1% high school+
Unemployment
2.5%
31% below
3.5% poverty rate
Obesity Rate
24.7%
23% below
6.7% smoking rate
Avg Temperature
73°F

How Paradise Valley Compares to the U.S. Average

Each bar shows Paradise Valley's value as a percentage of the national average (100% = U.S. avg)

Income
314%
Home Value
709%
Rent
301%
Poverty
28%
Bachelor's
216%
Unemployment
69%
Crime
21%
Thin vertical line = U.S. national average (100%)

Is Paradise Valley a Good Place to Live?

B
3.2 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Paradise Valley residents earn a median household income of $236,250 , which is 214% above the national average of $75,149. Per capita income is $149,318. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 3.5% of residents live below the poverty line. The area is home to 142,693 business establishments, including 9,181 restaurants.

Housing & Cost of Living

The median home value in Paradise Valley is $2,000,001 , 609% above the national median of $281,900. Zillow estimates the typical home at $3,522,707. Median rent is $3,501/month, with 17.4% of renters spending more than 30% of income on housing. The cost of living index is 100.7 (100 = national average). The median home was built in 1984.

Safety & Crime

Paradise Valley reports 80 violent crimes per 100,000 residents , which is 79% below the national average of 380/100K. Property crime is 989/100K.

Education

72.9% of adults in Paradise Valley hold a bachelor's degree or higher (116% above the national average). 98.1% have completed high school. Local schools score 5.4/10 in standardized testing.

Climate & Weather

Paradise Valley has an average annual temperature of 73°F (23°C). Winters average 55°F in January while summers reach 93°F in July. Annual precipitation totals 8.7 inches. Air quality is rated Moderate with a median AQI of 77.

Data Overview

People

Population12,621
Median Age55.5 yrs
Density821/mi²
Male / Female52% / 48%
Foreign Born15.3%
Veterans5.6%

Economy

A+
Median Income$236,250
Per Capita$149,318
Unemployment2.5%
Poverty3.5%
County GDP$419,250M
Avg Weekly Wage$1,420

Housing

D
Home Value$2,000,001
Rent$3,501
Ownership95.1%
Zillow$3,522,707
Housing Units5,810
Rent Burden17.4%

Crime

F
Violent80/100K
Property989/100K

Health

Obesity24.7%
Diabetes6.7%
Smoking6.7%
Heart Disease3.9%
Premature Death8,525/100K

Climate

Avg Temp73°F
Rain8.7 in/yr
AQI77 (Moderate)
Elevation1,826 ft

Education

A+
Bachelor's+72.9%
High School+98.1%
Graduate+34.1%
School Score5.4/10

Community

2024 VoteR 51% / D 48%
Commute22 min
Broadband96.7%
Internet Speed151 Mbps
EV Stations3
Libraries65

Did You Know?

Paradise Valley was founded in 1961.
The median home in Paradise Valley was built in 1984.
25.8% work from home.
The nearest airport is Phoenix Sky Harbor International (9 miles).
The Gini coefficient (income inequality) is 0.456 (U.S. avg: 0.490).
Natural hazard risk is rated "Very High" by FEMA.
9.8% of the population has a disability.
15.3% of residents are foreign-born.
Average internet download speed is 151 Mbps.
There are 9,181 restaurants in the area.
The county recorded 630 fatal vehicle crashes.
364 declared natural disasters on record.