Paradise Valley is a small, affluent town in Maricopa County, Arizona, United States. According to the 2005 Census Bureau, the population of the town was 14,558. Despite the town’s relatively small area and population compared to other municipalities in the Phoenix metropolitan area, Paradise Valley is home to twelve resorts, making it one of Arizona’s premiere tourist destinations. It has very expensive real estate, with a median home price at $1.74 million, with many exceeding $10 million and some over $40 million. |
During the late 1800’s, cattle grazed in the area surrounded by the McDowell Mountains to the east and Camelback Mountain to the south. In the 1880’s, the Rio Verde Canal Company turned this open grazing area into irrigated farmland. In 1889, the Rio Verde Canal Company sent three surveyors to this area who were so taken by the beauty and tranquility of the desert landscape that they named this area Paradise Valley.
Settlement in Paradise Valley did not begin in earnest until post World War II. Paradise Valley, which is in Maricopa County, was a rural residential area with few commercial entities. Though the homes were modest in size and style, they were on large parcels of land, usually one to five acres.
In the late 1950’s, Phoenix and Scottsdale were looking to expand their respective boundaries. Residents who lived in Paradise Valley area feared that they would lose the rural lifestyle they had become accustomed to and would soon be swallowed up by Phoenix or Scottsdale, and eventually subdivisions, shopping centers, new zoning laws and property taxes would be a commonly. These concerned residents formed a “Citizens Committee for the Incorporation of The Town of Paradise Valley, Arizona,” who set out with petitions urging residents to join them in their attempt to incorporate Paradise Valley. The residents’ main goals were to keep zoning to a one house per acre minimum;to keep the area entirely residential; and to keep government regulation to a minimum. In April 1961, the Citizens Committee for Incorporation presented their petition to the Maricopa County Board of Supervisors. On May 24, 1961, incorporation was granted and the Town of Paradise Valley was established.
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Population |
|
|
Total Population |
13,664 |
|
Male |
49.7% |
|
Female |
50.3% |
|
18 years and over |
75.1% |
|
65 years and over |
16.4% |
|
Married Persons |
72.7% |
|
Single Persons |
27.3% |
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Median Age |
46.3 |
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Average Family Size |
2.98 |
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Housing Characteristics |
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Total Housing Units |
5,549 |
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Median Home Cost |
$722,700 |
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Number of Households |
5,034 |
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Persons per Household |
2.71 |
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Economic Characteristics |
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|
Median Household Income |
$150,228 |
|
Per Capita Income |
$81,290 |
|
In Labor Force |
54.9% |
|
Families below poverty level |
1.9% |
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Education Characteristics |
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School Enrollment |
Elementary School Enrollment |
1,678 |
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High School Enrollment |
869 |
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College or Graduate School |
554 |
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Educational Attainment Population 25 years and older |
High School Graduate |
6.8% |
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Associates Degree |
4.4% |
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Bachelor’s Degree |
37.0% |
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Graduate or Professional Degree |
32.1% |
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