Most Expensive Paradise Valley Neighborhoods
Paradise Valley is a somewhat small town located in the state of Arizona. With a population of 13,922 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 94.06% 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 (18.86%), sales jobs (13.81%) and healthcare (13.42%).
Of important note, Paradise Valley is also a town of artists. Paradise Valley has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Paradise Valley’s character.
A relatively large number of people in Paradise Valley telecommute to their jobs. Overall, about 14.09% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
In addition, Paradise Valley is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Because of many things, Paradise Valley is a great place for families with children to consider. First of all, many other families with children live here, making Paradise Valley a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Paradise Valley has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Paradise Valley’s overall crime rate is lower than average for the country.
If knowledge is power, Paradise Valley is a pretty powerful place. 70.56% 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 2010 was $94,026, which is wealthy relative to Arizona and the nation. This equates to an annual income of $376,104 for a family of four. However, Paradise Valley contains both very wealthy and poor people as well.
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, Russian and Scottish.
The most common language spoken in Paradise Valley is English. Some people also speak Spanish.
|PARADISE VALLEY INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||5,217|
|PARADISE VALLEY HOME OWNERSHIP|
|% OWNER OCCUPIED||92.53%|
|% RENTER OCCUPIED||7.47%|
|TYPE OF PARADISE VALLEY HOMES|
|SINGLE FAMILY DETACHED||98.53%|
|ROWHOUSES AND ATTACHED HOMES||0.59%|
|SMALL APARTMENT BUILDINGS||0.00%|
|COMPLEXES OR HIGH RISE APARTMENTS||0.29%|
|SIZE OF PARADISE VALLEY HOMES|
|5 OR MORE BEDROOMS||29.18%|
|AGE OF PARADISE VALLEY HOMES|
|NEWER HOMES (2000 OR LATER)||17.85%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||58.56%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||23.05%|
|HISTORIC (1939 OR BEFORE)||0.54%|
|PARADISE VALLEY REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$1,338,000|
|MEDIAN RENTAL PRICE||$3,647|
|HOME VALUE RANGE|
|$0 - $65,000||0.89%|
|$65,001 - $130,000||1.19%|
|$130,001 - $259,000||2.76%|
|$259,001 - $389,000||2.31%|
|$389,001 - $519,000||2.10%|
|$519,001 - $649,000||2.53%|
|$649,001 - $973,000||8.79%|
|$973,001 - $1,297,000||18.18%|
|PEOPLE OF PARADISE VALLEY||DETAILS|
|UNDER 5 YEARS||4.38%|
|5 TO 17||16.55%|
|18 TO 24||3.22%|
|25 TO 34||4.39%|
|35 TO 54||28.36%|
|55 TO 64||19.27%|
|65 YEARS AND OVER||23.82%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||97.50%|
|MEDIAN HOUSEHOLD INCOME||$134,097|
|PER CAPITA INCOME||$94,026|
|INDIVIDUALS BELOW POVERTY LEVEL||8.53%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (19.36%)
Professional, scientific, and technical services (17.26%)
Real estate (9.22%)
Public Service (2.61%)
|BLACK OR AFRICAN AMERICAN||1.04%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.00%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||1.04%|
|TWO OR MORE RACES||1.37%|
|HISPANIC OR LATINO (OF ANY RACE)||7.72%|
|ETHNICITIES PRESENT||German (20.71%)
|LANGUAGES SPOKEN||English (87.07%)
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