Paradise Valley is a somewhat small town located in the state of Arizona. With a population of 12,658 people and four constituent neighborhoods, Paradise Valley is the 48th 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 96.24% of the workforce employed in white-collar jobs, well above the national average. Overall, Paradise Valley is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Paradise Valley who work in management occupations (21.94%), healthcare (18.56%), and sales jobs (13.65%).
Also of interest is that Paradise Valley has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 19.61% 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.
Because of many things, Paradise Valley is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Paradise Valley really has some of the features that families look for when choosing a good community to raise children. Is Paradise Valley perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
If knowledge is power, Paradise Valley is a pretty powerful place. 73.04% of the adults in Paradise Valley have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Paradise Valley in 2018 was $147,999, which is wealthy relative to Arizona and the nation. This equates to an annual income of $591,996 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, Irish, English, Italian, and Russian.
The most common language spoken in Paradise Valley is English. Other important languages spoken here include Spanish and Arabic.