Paradise Valley is a somewhat small town located in the state of Arizona. With a population of 12,606 people and four associated 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.
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.
Telecommuters are a relatively large percentage of the workforce: 24.29% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 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.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Paradise Valley. 73.60% 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 2022 was $152,067, which is wealthy relative to Arizona and the nation. This equates to an annual income of $608,268 for a family of four.
Paradise Valley is a very 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. Paradise Valley also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.18% of the town’s residents. Important ancestries of people in Paradise Valley include English, German, Irish, Italian, and Russian.
The most common language spoken in Paradise Valley is English. Other important languages spoken here include Spanish and Russian.