Last updated: 2024 BLS data · Page refreshed:
Paradise Valley has a population of 12,611 with a median age of 55.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 12,611 |
| Median Age | 55.8 |
| White | 80.7% |
| Black or African American | 0.5% |
| Asian | 4.8% |
| Hispanic or Latino | 7.8% |
| Other / Two or More Races | 6.2% |
The median household income in Paradise Valley is $247,159, which is 206.6% above the national median of $80,610. The per capita income is $164,581. The poverty rate is 5.5%.
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In Paradise Valley, 99.1% of residents age 25+ have a high school diploma or higher, and 74.3% hold a bachelor's degree or higher (36.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 99.1% |
| Bachelor's Degree or Higher | 74.3% |
| Graduate or Professional Degree | 36.9% |
The median home value in Paradise Valley is $2,000,001, above the national median of $303,400. The median monthly rent is $3,501. The homeownership rate is 95.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $2,000,001 |
| Median Monthly Rent | $3,501 |
| Homeownership Rate | 95.0% |
| Vacancy Rate | 14.0% |
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