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The total population of Paradise Valley is estimated to be 12,672 with 6,682 males (52.73%) and 5,990 females (47.27%). There are 692 less females than males in Paradise Valley.
The median household income in Paradise Valley was $220,137 in 2021, which marked an a decrease of 20,965(8.70%) from $241,102 in 2020. This income is 295.07% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Paradise Valley sees its highest median household income among householders in the age group of 45 to 64 years old, at $237,063. Overall, the median household income for the town of Paradise Valley stands at $220,137.
In Paradise Valley, the median income for all workers aged 15 years and older, regardless of work hours, was $140,780 for males and $44,832 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $172,607 for males and $103,475 for females.
In Paradise Valley, there are just three different racial groups among households. Among these, Asian households report a median household income of $270,229, followed by Two or More Races households at $233,941, and White households with a median household income of $227,850.
In 2022, the population of Paradise Valley was 12,606, a 0.54% decrease year-by-year from 2021. Previously, in 2021, Paradise Valley's population was 12,674, a decline of 0.10% compared to a population of 12,687 in 2020.
The median age in Paradise Valley, AZ is 54.4, as per 2021 ACS 5-Year Estimates. Of the total population, 13.45% were under the age of 15, 13.54% aged 15 to 29, 43.05% aged 30 to 64, 26.25% aged 65 to 84, and 3.70% were 85 years of age and older.
Racial distribution of Paradise Valley population: 82.83% are White, 0.73% are Black or African American, 1.19% are American Indian and Alaska Native, 5.05% are Asian, 3.26% are Native Hawaiian and other Pacific Islander, 2.12% are some other race and 4.82% are multiracial.