With 12,611 people, Paradise Valley is a city in Arizona. Households here earn about 209% more than in Arizona as a whole. At a median age of 55.8, this is an older place than the country as a whole. The median household earns $247,159, about 200% above the national median. 74% of adults hold a bachelor's degree, against 36% nationally. Home values have more than doubled since 2000, reaching $2,000,000+.
At a glance
Wealthier
median household income $247,159, above the US median
US median: $82,259
Older
median age 55.8
US median: 38.9
More educated
74% hold a bachelor's degree
US average: 36%
Top-priced homes
median home value $2,000,000+, the Census reporting cap
US median home: $376,019
Unique to this place
What stands out about Paradise Valley
What changed most since 1990
Median age44.5 → 55.8(+11.3 years)US over the same years: +6.0 years
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)11.1%(64)
US avg: 26.4%
Gulf War (1990s)6.4%(37)
US avg: 24.3%
Vietnam era48.8%(280)
US avg: 33.1%
Korean War7.1%(41)
US avg: 4.5%
World War II12.9%(74)
US avg: 1%
Share of the 574 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Paradise Valley, decade by decade
Paradise Valley population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
11,671
$265,328
$894,026
58.5%
9.6
2000
13,664
$273,664
$1,323,250
69.1%
15.7
2010
12,820
$192,125
$1,438,572+
69.0%
23.6
2020
12,658
$257,889
$2,015,863
73.0%
40.2
2024
12,611
$247,159
$2,000,000+
74.3%
42.2
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
