Homes For Sale In Paradise Valley, AZ
Homes For Sale In Paradise Valley, AZ
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Indicates a property listed by a real estate brokerage other than iHomefinder, Inc. ARMLS - Arizona data last updated at June 19, 2021 6:26 AM MST
Indicates a property listed by a real estate brokerage other than iHomefinder, Inc.
Searching for Homes For Sale in Paradise Valley? Paradise Valley is a small, affluent town in Maricopa County, Arizona. It is the wealthiest municipality in Arizona. The town is known for its luxury golf courses, shopping, and restaurant scene. According to the 2010 census, the population of the town was 12,820. Despite the town’s relatively small area and population compared to other municipalities in the Phoenix metropolitan area, Paradise Valley is home to eight full-service resorts, making it one of Arizona’s premier tourist destinations. It is also known for expensive real estate.
It should not be confused with Paradise Valley Village, an official municipal designation, in northeast Phoenix. For instance, Paradise Valley Community College, Paradise Valley High School, Paradise Valley Hospital, Paradise Valley Mall, and Paradise Valley Golf Course are all located several miles to the north of the town, in Phoenix. The town’s name along with all the other various entities bearing the same name comes from the expansive area known as Paradise Valley, that spreads from north of the Phoenix Mountains to Cave Creek and Carefree on the north and the McDowell Mountains to the east.
Residents attend schools in the Scottsdale Unified School District.
The Paradise Valley Unified School District is one of the largest in the state, though like many other institutions with the name Paradise Valley, it refers to the Phoenix village, and not to the town.
Paradise Valley’s history dates back to a more agrarian society.
After the initial European settlement, Paradise Valley was first used for cattle grazing. In the 1880s, when the land was being surveyed so it could be developed into agricultural lots, the name “Paradise Valley” first came into use, being given by surveyors from the Rio Verde Canal Company and its manager at the time, Frank Conkey. According to the official town website, this name may have been chosen due to the abundance of spring wildflowers and palo verde trees. Mainly an agricultural area during the 1800s and the first half of the 1900s, the area began to be settled after World War II, on large, one- to five-acre lots for which it became known.
As the neighboring settlements of Phoenix and Scottsdale began to grow and annex adjoining areas, the residents of what would become Paradise Valley were concerned that the qualities they most valued would be lost if they were consumed by their larger neighbors. These residents formed “Citizens Committee for the Incorporation of The Town of Paradise Valley, Arizona”, which collected enough signatures to take to the Maricopa County Board of Supervisors. The petition was granted by the supervisors, allowing the town of Paradise Valley to be incorporated on May 24, 1961.
Paradise Valley’s motto, coined by residents, is “there is a reason we call this valley ‘paradise'”.
As of the census of 2000, 13,664 people, 5,034 households, and 4,163 families resided in the town. The population density was 881.7 people per square mile (340.4/km²). The 5,499 housing units averaged 354.8 per square mile (137.0/km²).
Of the 5,034 households, 33.3% had children under the age of 18 living with them, 76.1% were married couples living together, 4.3% had a female householder with no husband present, and 17.3% were not families; 13.6% of all households were made up of individuals, and 6.9% had someone living alone who was 65 years of age or older. The average household size was 2.71 and the average family size was 2.98.
In the town, the population was distributed as 24.9% under the age of 18, 4.0% from 18 to 24, 18.8% from 25 to 44, 35.9% from 45 to 64, and 16.4% who were 65 years of age or older. The median age was 46 years. For every 100 females, there were 98.7 males. For every 100 females age 18 and over, there were 96.1 males.
The median income for a household in the town was $150,228, and for a family was $164,811. Males had a median income of $100,000 versus $52,302 for females. The per capita income for the town was $81,290. About 1.9% of families and 2.5% of the population were below the poverty line, including 1.5% of those under age 18 and 2.8% of those age 65 or over. In 2012, the Forbes magazine named Paradise Valley’s zip code, 85253, the 71st-most expensive in the United States. This ranking also makes it the most expensive in the state of Arizona.