Cities / Arizona / Paradise Valley

Paradise Valley, AZ

12,672 people

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Population & People

Population

12,672

Median age

55.8

Median household income

$247,159

Poverty rate

5.5%

Unemployment rate

2.1%

Bachelor's degree+

74.3%

Avg. commute

15 min

Hispanic or Latino

7.8%

Source: U.S. Census Bureau, American Community Survey.

Housing & Rent

Median home value

$2,000,001

Median gross rent

$3,501/mo

Homeownership rate

94.97%

HUD FMR — 2 bedroom

$1,419

HUD Fair Market Rent (Arizona statewide average across 15 areas — not specific to Paradise Valley), 2026. Efficiency $1053, 1BR $1151, 2BR $1419, 3BR $1889, 4BR $2158. This is a different official figure from Census median gross rent above.

Energy

Arizona commercial electricity

12.47¢/kWh

Arizona industrial electricity

8.1¢/kWh

Arizona residential electricity

15.32¢/kWh

Economy

Gross Domestic Product: All Industry Total

598188.8

Real Gross Domestic Product: All Industry Total

455745.2

All-Transactions House Price Index for Arizona

731.21

Unemployment Rate

4.9%

Source: FRED, Arizona-specific series.

Nearby Airports

Sources & Data: National Weather Service (weather, alerts), EPA AirNow (air quality), U.S. Census Bureau (population, housing), HUD (Fair Market Rent), U.S. Energy Information Administration (Arizona energy prices), Federal Reserve Bank of St. Louis (Arizona economic indicators), OurAirports (airport directory).