Paradise Valley, AZ is a beautiful city in the Sonoran Desert that offers amazing outdoor activities and natural attractions. With a Grocery Cost Index of 114, compared to the US average of 100, Paradise Valley is an attractive destination for those looking for a more expensive lifestyle. 2 Bedroom Rent in Paradise Valley averages $2,480 which is slightly higher than the US average of $1,430. Local companies include Paradise Valley Resort & Conference Center and the Sanctuary on Camelback Mountain Resort & Spa which are both popular venues due to their stunning locations and exceptional service. Popular attractions in Paradise Valley include Mummy Mountain Trailhead, Echo Canyon Recreation Area, McDowell Sonoran Preserve, Camelback Mountain, and Arizona Biltmore Golf Course which all offer unique experiences and breathtaking views.
Paradise Valley has an unemployment rate of 6.1%. The US average is 6.0%.
Paradise Valley has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 45.1%, which is higher than the US average of 33.5%.
Tax Rates for Paradise Valley
- The Sales Tax Rate for Paradise Valley is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Paradise Valley is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Paradise Valley
- The average income of a Paradise Valley resident is $94,026 a year. The US average is $28,555 a year.
- The Median household income of a Paradise Valley resident is $203,659 a year. The US average is $69,021 a year.