If you’re someone who’s interested in moving to Arizona or simply curious about the state’s affluent areas, then you’re in the right place. In this post, we’ll be discussing the top ten wealthiest cities in Arizona and what makes them so desirable.
We understand that when it comes to moving to a new city, there are many factors to consider. One of the most important is the cost of living and the overall economic health of the area.
That’s why we’ve compiled a list of the wealthiest cities in Arizona, based on data from the US Census Bureau and other reliable sources.
Whether you’re looking for a luxurious lifestyle, high-paying job opportunities, or a safe and secure environment, we’ve got you covered. Our research will provide you with all the information you need to make an informed decision about where to live in Arizona.
Without further ado, let’s dive into the top 10 richest neighborhoods in Arizona!
The 10 Richest Cities in Arizona
Here are the 10 wealthiest places in Arizona based on household income.
1. Paradise Valley
Paradise Valley is a wealthy city in Arizona, known for its luxurious lifestyle and beautiful surroundings. With a population of around 15,000 people, it has a median household income of $213K.
The average home price in this town is quite high at about $3M. Paradise Valley’s location between Phoenix and Scottsdale makes it the perfect spot for fine dining, shopping, and golfing at some of the best resorts in the area.
The weather here is fantastic too – with 360 days of sunshine per year! Many celebrities and retirees choose to live here because it provides both peace and luxury. So next time you plan a trip to Arizona, consider exploring Paradise Valley’s wonderful attractions!
2. Queen Creek
Queen Creek is a thriving town in Arizona, located about 25 miles southeast of Phoenix. It’s part of the Phoenix metropolitan area and has a population of around 104K.
This place is perfect for those who seek an upscale lifestyle without breaking the bank. The median household income here is $104K, and the average home price stands at $634K – quite affordable compared to other wealthy towns in Arizona.
The town’s appeal isn’t just limited to its affordability; there are many master-planned communities such as Encanterra that offer luxury living with amenities like golf courses and country clubs.
Another great thing about Queen Creek is its growing potential for high-tech industries, attracting semiconductor manufacturers and helping boost their local economy.
Gilbert is a prosperous town in Arizona, known for its friendly small-town atmosphere and excellent quality of life. With a population of around 268K residents, it has a median household income of $99K and an average home value of about $572K.
This suburb, situated east of Phoenix, has been consistently named one of the best places to live in America. Safety is one aspect that families love about Gilbert.
The low crime rate makes it an ideal place to raise children who can participate in various athletics or extracurricular activities. The town also boasts several parks and pools where families can bond during their free time.
4. Litchfield Park
Litchfield Park is a charming city in northwest Arizona known for its beautiful homes, golf courses, and top-notch dining establishments.
With a population of about 6,000 people, this affluent community has a median household income of $96K and an average property value of around $547K. The real estate market in Litchfield Park is one of the most expensive in the state.
One thing that sets this town apart is its well-maintained yards and pristine neighborhoods, which attract retirees seeking an upscale lifestyle.
Litchfield Park enjoys a poverty rate of only 7.4%, much lower than the national rate of 11.4%. If you’re searching for a luxurious place to live with friendly neighbors and plenty to do, Litchfield Park might be your perfect choice!
5. Catalina Foothills
Catalina Foothills is a wealthy city in Arizona that offers residents an amazing quality of life. With a median household income of $93K, which is more than twice the state average, this community attracts people who value comfort and security.
The population here consists mainly of retirees and older residents who enjoy outdoor activities like golfing, hiking, and exploring nature.
Considered one of the top 10 safest places to live in Arizona, Catalina Foothills has also grown into a vibrant economic center with businesses focused on healthcare, retail trade, educational services, as well as arts and entertainment.
Many locals work within the city limits or have retired from their jobs. This combination of safety, beauty, and convenience makes Catalina Foothills an ideal place for those seeking upscale living near Tucson.
Scottsdale, a shining gem in the Arizona desert, is a wealthy city with plenty of excitement to offer. With a median household income of $91K, which is about $34K higher than the state average, this place attracts residents who prefer an upscale lifestyle. Scottsdale has a low unemployment rate of 4.7% and only 6.8% of its population lives in poverty.
This vibrant city is famous for world-class golf courses, luxury resorts, high-end shopping centers like Kierland Commons and Scottsdale Quarter, as well as must-see attractions such as Taliesin West – the home and studio of architect Frank Lloyd Wright.
Divided into two main sections – Old Town and North Scottsdale – there’s something unique for everyone here: artsy vibes in Old Town’s downtown area or fancy homes and malls in North Scottsdale.
Marana is a prosperous town in Arizona boasting a median household income of $90K and an average net worth of about $400K per household. This thriving community has seen rapid growth, especially in the real estate market. Marana’s public schools are above average, ideal for families with children.
Many new residents work at the town’s industrial parks, which house companies like Raytheon and Amazon. In fact, Amazon’s fulfillment center in Marana is the largest building globally, contributing to its appeal as one of Arizona’s wealthiest towns.
Alongside job opportunities, Marana offers popular attractions such as Titan Missile Museum and Saguaro National Park that attract thousands of visitors each year.
8. Fountain Hills
Fountain Hills is a stunning town in Arizona, where affluence and nature come together beautifully. With a median household income of $87K, this community caters to residents who appreciate upscale living.
One reason families love Fountain Hills is the low crime rate, which adds an extra layer of safety and peace of mind. The most intriguing feature of this town, though, is its iconic fountain.
Known for reaching heights up to 560 feet in the air – when not conserving water – it’s a popular tourist attraction that locals take pride in showing off. Besides the world’s tallest fountain, you’ll find master-planned communities and golf courses throughout this serene location.
9. Oro Valley
Oro Valley is an affluent town in Arizona that boasts a median household income of $87K. Nestled northwest of Tucson, this thriving community offers residents easy access to Interstate 10 and short commutes to downtown Tucson or Marana.
People love moving here for its golf-centered lifestyle, which is evident from the numerous high-end golf communities and retirement centers. Made up of various villages, each with its unique charm, Oro Valley caters to different tastes and preferences.
The town has a total of five public golf courses alongside hiking trails and recreational opportunities at Catalina State Park and Pusch Ridge Wilderness Area. For those seeking a luxurious lifestyle with exceptional amenities and gorgeous landscapes, Oro Valley is an excellent choice!
Chandler is a thriving town in Arizona known for its wealth and rapid growth. With a median household income of $86K, this community offers an upscale lifestyle to its approximately 252,000 residents.
The average home cost in Chandler is $520K, while the cost of living is about 10% higher than the national average. Located in Maricopa County, this fast-growing city has become popular because of its proximity to Phoenix and economic revitalization.
Residents can indulge in outdoor activities like hiking, fishing, golfing, and camping at nearby state parks. Some must-visit attractions include Desert Breeze Railroad and Chandler Museum which showcase the area’s rich history.
When considering a move to Arizona that balances modern conveniences with natural beauty and cultural experiences, Chandler should be high on your list!