Paradise Valley is a somewhat small town located in the state of Arizona. With a population of 14,502 people and four constituent neighborhoods, Paradise Valley is the 44th largest community in Arizona.
Paradise Valley home prices are not only among the most expensive in Arizona, but Paradise Valley real estate also consistently ranks among the most expensive in America.
Paradise Valley is a decidedly white-collar town, with fully 96.91% of the workforce employed in white-collar jobs, well above the national average. Overall, Paradise Valley is a town of managers, professionals, and sales and office workers. There are especially a lot of people living in Paradise Valley who work in management occupations (24.13%), healthcare (15.02%), and sales jobs (13.00%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 17.41% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Paradise Valley is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Paradise Valley’s overall crime rate is lower than average for the country.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Paradise Valley. 71.66% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Paradise Valley in 2018 was $126,637, which is wealthy relative to Arizona and the nation. This equates to an annual income of $506,548 for a family of four.
Paradise Valley is a somewhat ethnically-diverse town. The people who call Paradise Valley home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Paradise Valley residents report their race to be White, followed by Asian. Important ancestries of people in Paradise Valley include German, English, Irish, Italian, and Polish.
The most common language spoken in Paradise Valley is English. Other important languages spoken here include Spanish and Russian.