Is Paradise Valley, Arizona a Good Place To Live? - Living In Paradise Valley, AZ

Is Paradise Valley, Arizona a good place to live?
Paradise Valley is a city in Arizona state in USA with a population of 14502 residents.. The poverty rate of Paradise Valley is 4.1%, which is 71% lower than national average. The typical household in Paradise Valley earns $212773 a year, compared to the national median of $67,500. Nearly 17% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Paradise Valley, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Paradise Valley remained 2.2%, which is 53% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Paradise Valley, only 73% of adults have a bachelor's degree and 17% have some college but no degree.

Cost of living in Paradise Valley is 238, which is 138% higher than national average. Median home value in Paradise Valley is $1663200 , which is 624% higher than national average. While median income in Paradise Valley remained $212773, which is 215% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
14502
Unemployment
2.2%
53% NAT AVG.
Poverty
4.1%
71% NAT AVG.
Overall Score
9.5
Median Home Cost
$1663200
624% NAT AVG.
Median Income
$212773
215% NAT AVG.
Median Rent
$3151
172% NAT AVG.
Cost Of Living
238
138% NAT AVG.
People Living BPL
1 in 24
Unemployed People
1 in 45
People Earning < $10,000
1 in 27
People Earning < $50,000
17%
People with <= High School
1 in 10
People With Any Degree
1 in 1.3
Pros & Cons Overview

Jobs95%

Housing100%

Affordability60%

Safety80%

Amenities80%

Diversity80%

Education100%

Commute70%