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Paradise Valley, AZ&

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Population
13,833
2.64% growth
Median Age
53.4
Median Household Income
$173,487
14.8% growth
Poverty Rate
6.21%
Number of Employees
5,871
2.46% growth
Median Property Value
$1.33M
8.62% growth

Economy

The economy of Paradise Valley, AZ employs 5,871 people. The economy of Paradise Valley, AZ is specialized in Real Estate, Rental & Leasing; Management of Companies & Enterprises; and Professional, Scientific, Tech Services, which employ respectively 4.52; 3.96; and 2.33 times more people than what would be expected in a location of this size. The largest industries in Paradise Valley, AZ are Healthcare & Social Assistance (1,341), Professional, Scientific, Tech Services (974), and Real Estate, Rental & Leasing (532), and the highest paying industries are Healthcare & Social Assistance ($139,844), Real Estate, Rental & Leasing ($135,703), and Finance & Insurance ($121,810).

Median household income in Paradise Valley, AZ is $173,487. Males in Paradise Valley, AZ have an average income that is 1.39 times higher than the average income of females, which is $72,176. The income inequality of Paradise Valley, AZ (measured using the Gini index) is 0.54 which is higher than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Paradise Valley, AZ. In Maricopa County, AZ the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 71 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,472. Apache County, AZ has the highest prevalence of homicides of any county in Arizona.

Coverage

Clinician to Patient Rates

The closest comparable data for the census place of Paradise Valley, AZ is from the county of Maricopa County, AZ.

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Diversity

Paradise Valley, AZ is home to a population of 13,833 people, from which 97.1% are citizens. The ethnic composition of the population of Paradise Valley, AZ is composed of 11,877 White residents (85.9%), 849 Hispanic residents (6.14%), 737 Asian residents (5.33%), 237 Two+ residents (1.71%), and 57 Black residents (0.41%). The most common foreign languages in Paradise Valley, AZ are Spanish (532 speakers), Russian (143 speakers), and German (134 speakers), but compared to other places, Paradise Valley, AZ has a relative high number of Persian (131 speakers), Other West Germanic (40 speakers), and Scandinavian (26 speakers).

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Education

In 2015 universities in Phoenix-Mesa-Scottsdale, AZ Metro Area awarded 134,793 degrees. The student population of Phoenix-Mesa-Scottsdale, AZ Metro Area is skewed towards females, with 50,104 male students and 84,689 female students. Most students in Phoenix-Mesa-Scottsdale, AZ Metro Area are White (64,687 and 48%), followed by Hispanic or Latino (22,127 and 16.4%), Unknown (17,637 and 13.1%), and Black or African American (15,827 and 11.7%). The largest universities in Phoenix-Mesa-Scottsdale, AZ Metro Area by number of graduates are University of Phoenix-Arizona (47,716 and 35.4%), Grand Canyon University (16,241 and 12%), and Arizona State University-Tempe (13,876 and 10.3%). The most popular majors in Phoenix-Mesa-Scottsdale, AZ Metro Area are Registered Nursing (7,215 and 5.35%), General Business Administration & Management (5,993 and 4.45%), and Behavioral Sciences (2,346 and 1.74%). The median tuition costs in Phoenix-Mesa-Scottsdale, AZ Metro Area are $11,880 for private four year colleges, and $9,684 and $25,784 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Paradise Valley, AZ is $1.33M, which is 6.5 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $1.23M to $1.33M, a 8.62% increase. The homeownership rate of Paradise Valley, AZ is 93%, which is higher than the national average of 63.6%. People in Paradise Valley, AZ have an average commute time of 18.4 minutes, and they commute by Drove Alone. Car ownership in Paradise Valley, AZ is approximately the same as the national average, with an average of 2 cars per household.

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United States
nation
Arizona
state
Maricopa County, AZ
county
Phoenix-Mesa-Scottsdale, AZ Metro Area
metropolitan statistical area
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