Paradise Valley, Arizona Demographics & Population 2026
During the 2020–2024 ACS period, Paradise Valley, Arizona had a total population of 12,611, the 61st largest town in Arizona, with a median household income of $247,159, which is 209% higher than the state average. The poverty rate is 5.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 209% above the state average — one of the wealthiest communities in Arizona.
- 74.3% of adults hold a bachelor's degree or higher — top 10% in Arizona.
- Housing affordability is a challenge — homes cost 8.1x the median household income.
- Near full employment with an unemployment rate of just 2.1%.
Paradise Valley Quick Facts
How Paradise Valley Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 12,621 | 12,611 | -0.1% |
| Median household income | $236,250 | $247,159 | +4.6% |
| Median home value | $2,000,000+ | $2,000,000+ | +0.0% |
How Paradise Valley Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 62 | National average: 61
Education
Educational Attainment (Adults 25+)
Paradise Valley Rankings in Arizona
Explore Arizona Rankings
Other Cities in Maricopa County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Phoenix | 1,642,323 | $81,332 | 13.7% | $420,700 |
| Mesa | 511,764 | $82,752 | 10.3% | $408,000 |
| Gilbert | 280,262 | $122,551 | 5.3% | $575,100 |
| Chandler | 280,136 | $108,095 | 7.9% | $507,800 |
| Glendale | 252,833 | $73,530 | 15.1% | $387,500 |
| Scottsdale | 243,821 | $110,886 | 7.3% | $789,800 |
| Peoria | 196,906 | $95,815 | 8.4% | $463,600 |
| Tempe | 188,065 | $79,663 | 15.8% | $455,400 |
| Surprise | 154,948 | $96,711 | 8.6% | $435,100 |
| Goodyear | 107,645 | $103,319 | 5.3% | $471,300 |
Cities Similar to Paradise Valley
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Tucson Mountains | 11,353 | $134,474 | $473,200 | 59.0% | 8.9% |
| Gold Canyon | 13,107 | $93,377 | $508,100 | 40.2% | 3.8% |
| Saddlebrooke | 13,085 | $88,686 | $498,700 | 52.6% | 5.4% |
| Vail | 16,315 | $130,904 | $414,600 | 42.9% | 4.3% |
| Tanque Verde | 15,866 | $121,599 | $607,900 | 58.9% | 2.3% |
Population Overview
Paradise Valley is a small city located in Arizona, within Maricopa County. The total population is 12,611. It ranks as the 61st most populous out of 441 Census-designated places in Arizona.
Age Demographics
The median age in Paradise Valley is 55.8 years. This is 43% higher than the state median of 39.0 years. 14.7% 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 is $247,159. This is 209% higher than the state median of $79,964. It is also 206% higher than the national median of $80,734. The poverty rate stands at 5.5%. This is 56% lower than the state poverty rate of 12.5%. The unemployment rate is 2.1%. This is 58% lower than the state rate of 5.1%. The median home value is $2,000,000+. Housing costs are 407% higher than the state median of $394,500. The home-value-to-income ratio of 8.1x suggests that housing affordability is a significant concern for many residents. 95.0% of occupied housing units are owner-occupied. This homeownership rate is 41% higher than the state average of 67.4%.
Race & Ethnicity
The largest racial or ethnic group in Paradise Valley is White (non-Hispanic), making up 80.6% of the population. Hispanic or Latino residents account for 7.8%. The White (non-Hispanic) population is significantly higher than the state average (80.6% vs 52.6%). The Black or African American population (0.4%) is well below the state average of 4.4%. The Hispanic or Latino population (7.8%) is well below the state average of 31.4%.
Education
74.3% of residents aged 25 and older hold a bachelor's degree or higher. This places Paradise Valley in the top 10% of all cities in the state for educational attainment. This is 123% higher than the state rate of 33.3%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.1%. Notably, 36.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Paradise Valley, Arizona is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Arizona state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 441 Census-designated places in Arizona. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Paradise Valley, Arizona?
Paradise Valley, Arizona has a population of 12,611 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Paradise Valley, AZ?
The median household income in Paradise Valley is $247,159, which is 206% higher than the national median of $80,734.
What is the poverty rate in Paradise Valley, AZ?
The poverty rate in Paradise Valley is 5.5%. This means approximately 683 residents live below the federal poverty line.
What is the racial makeup of Paradise Valley, Arizona?
Paradise Valley's population is 80.6% White, 0.4% Black, 7.8% Hispanic/Latino, and 4.8% Asian.
What is the median home value in Paradise Valley, AZ?
The median home value in Paradise Valley is $2,000,000+. The home-value-to-income ratio is 8.1x.
How educated is Paradise Valley, Arizona?
74.3% of adults (25+) in Paradise Valley hold a bachelor's degree or higher, and 36.9% hold a graduate or professional degree.