place

Paradise Valley, AZ

Demographic and economic profile of Paradise Valley, AZ, sourced from the US Census Bureau (American Community Survey) via Data USA.

Population

12,621

Census ACS · as of 2023

Median Household Income

$247,159

Data USA · as of 2024

Median Age

55.8 yrs

Data USA · as of 2024

Population Growth (5-year)

-11.2% since 2018

Paradise Valley lost population at this rate over the prior 5-year ACS5 window.

Demographics

Race & Ethnicity

  • White Alone10,181 (80.7%)
  • Two Races Including Some Other Race718 (5.7%)
  • Asian Alone604 (4.8%)
  • Native Hawaiian & Other Pacific Islander Alone396 (3.1%)
  • Two Races Excluding Some Other Race, & Three or More Races377 (3.0%)
  • Some Other Race Alone259 (2.1%)

Data USA · as of 2024

Top Languages Spoken at Home

  1. 1.Other Indo-European584
  2. 2.Spanish531
  3. 3.Other Asian and Pacific Island300
  4. 4.German or other West Germanic174
  5. 5.French (incl. Cajun, Haitian)94

Census ACS · as of 2023

Population Under 18

17.8%

Census ACS · as of 2023

Working-Age (18–64)

51.3%

Census ACS · as of 2023

Population 65 and Over

30.9%

Census ACS · as of 2023

Foreign-Born Population

15.3%

Census ACS · as of 2023

Veterans

578

Census ACS · as of 2023

Economy

GDP per Capita

Not yet cached

Cost of Living Index

Not yet cached

Per Capita Income

$149,318

Census ACS · as of 2023

Unemployment Rate

2.5%

Census ACS · as of 2023

Poverty Rate

5.0%

Census ACS · as of 2023

Top Industries

  1. 1.Educational Services & Health Care1,347
  2. 2.Professional, Scientific, & Management1,080
  3. 3.Finance, Insurance, & Real Estate701
  4. 4.Arts, Entertainment, Recreation, & Accommodation434
  5. 5.Retail Trade427

Census ACS · as of 2023

Top Occupations

  1. 1.Management, Business, Science, & Arts Occupations3,786
  2. 2.Sales & Office Occupations975
  3. 3.Service Occupations334
  4. 4.Natural Resources, Construction, & Maintenance Occupations111
  5. 5.Production, Transportation, & Material Moving Occupations86

Data USA · as of 2024

Specialized Industries (Location Quotient)

  1. 1.Information (LQ 2.65×)272
  2. 2.Finance, Insurance, & Real Estate (LQ 1.92×)701
  3. 3.Professional, Scientific, & Management (LQ 1.60×)1,080
  4. 4.Wholesale Trade (LQ 1.23×)155
  5. 5.Educational Services & Health Care (LQ 1.05×)1,347

Census ACS · as of 2023

Housing

Median Home Value

$2,000,001

Census ACS · as of 2023

Median Gross Rent

$3,501/mo

Census ACS · as of 2023

Homeownership Rate

95.1%

Census ACS · as of 2023

Home Value Distribution

  • $2,000,000 or more3,035 (64.2%)
  • $1,000,000 to $1,499,999625 (13.2%)
  • $1,500,000 to $1,999,999367 (7.8%)
  • $300,000 to $399,999270 (5.7%)
  • $750,000 to $999,999150 (3.2%)
  • $500,000 to $749,99975 (1.6%)

Census ACS · as of 2023

Education

Bachelor's Degree or Higher

72.9%

Census ACS · as of 2023

High School Diploma or Higher

98.1%

Census ACS · as of 2023

Workforce

Labor Force Participation

51.6%

Census ACS · as of 2023

Median Worker Earnings

$100,385

Census ACS · as of 2023

Mean Commute Time

22.0 min

Census ACS · as of 2023

Households Without a Vehicle

0.4%

Census ACS · as of 2023

How People Get to Work

  • Drove Alone3,524 (64.8%)
  • Worked at Home1,405 (25.8%)
  • Carpooled337 (6.2%)
  • Taxi, Motorcycle, or Other101 (1.9%)
  • Bicycle39 (0.7%)
  • Public Transit23 (0.4%)

Census ACS · as of 2023

More on FDI Connect

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Data: US Census Bureau American Community Survey, served via Data USA and the Census Bureau API. See each metric tile for the specific dataset.