The Population & Steets in the Paradise Valley, AZ area employs 6.46k people. The most common industries in Paradise Valley are Health Care & Social Assistance, Finance & Insurance, and Professional, Scientific, & Technical Services. The highest paying industries in Paradise Vly are Information, Management of Companies & Enterprises, and Healthcare & Social Assistance. The median annual income for residents of Paradise Valley, AZ is $211,393. This figure is higher than the average U.S. income of $204,145. The median income in Paradise Valley, AZ is rising by 3.55% annually.
The population of Paradise Valley is 14,502. The median age is 54.9 years. Many of its residents are retirees and professionals who prefer the quiet, suburban lifestyle. It is known as one of the most expensive zip codes in the United States, with homes ranging from $1 million to $20 million. While this area is largely residential, the real estate market is thriving.
The Paradise Canyon Foothills/Club Estates neighborhood is among the highest-income neighborhoods in the country. According to NeighborhoodScout, the median household income in the Paradise Valley area is $153,807. This figure is significantly higher than the national average. In addition, no more than 0.0% of children in this neighborhood live below the federal poverty level.