Paradise Valley town, Arizona Demographics & Population 2026

Population Overview

Paradise Valley town is a small city located in Arizona. The total population is 12,621. It ranks as the 61st most populous out of 445 cities and towns in Arizona.

Age Demographics

The median age in Paradise Valley town is 55.5 years. This is 43% higher than the state median of 38.8 years. 13.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Paradise Valley town is $236,250. This is 207% higher than the state median of $76,872. Compared to the national median of $78,538, household income here is 201% higher. The poverty rate stands at 5.0%. This is 61% lower than the state poverty rate of 12.8%. The unemployment rate is 2.5%. This is 52% lower than the state rate of 5.2%. The median home value is $2,000,001. Housing costs are 457% higher than the state median of $358,900. The home-value-to-income ratio of 8.5x suggests that housing affordability is a significant concern for many residents. 95.1% of occupied housing units are owner-occupied. This homeownership rate is 42% higher than the state average of 67.0%.

Race & Ethnicity

The largest racial or ethnic group in Paradise Valley town is White (non-Hispanic), making up 78.8% of the population. Hispanic or Latino residents account for 10.2%. The Black or African American population (0.1%) is well below the state average of 4.4%. The Hispanic or Latino population (10.2%) is well below the state average of 31.0%. The Asian population is significantly higher than the state average (5.1% vs 3.3%).

Education

72.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Paradise Valley town in the top 10% of all cities in the state for educational attainment. This is 123% higher than the state rate of 32.6%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.1%. Notably, 34.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Paradise Valley town, Arizona is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Arizona state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 445 Census-designated places in Arizona. For official data, visit data.census.gov.