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10 Wealthiest Neighborhoods in Arizona

The southwest corner of the U.S. is home to a surprising number of wealthy areas. According to the U.S. Census Bureau, Arizona has some of the most expensive real estate and highest median household incomes in the country. With mild winters, striking desert landscape, and an abundance of outdoor activities, more and more people are considering settling down in Arizona. However, this lifestyle comes with a price. There are many neighborhoods in the desirable Maricopa, Pima, and Pinal counties that rank among the wealthiest in the state and the nation. If you can pay the price, large houses, safe communities, ample leisure activities, and great schools are just some of the perks you can expect from the wealthiest neighborhoods in Arizona.

1) Paradise Valley

This affluent Phoenix suburb, ideally located just 20-minutes from downtown, claims the highest household median income in the Phoenix metro area at $173,500. Framed by Mummy Mountain, Paradise Valley is nestled cozily in its foothills with Camelback Mountain and Piestewa Mountain hovering in the background. Paradise Valley is just 16.5 square miles with a population of around 14,353. Despite its small size, this neighborhood has claimed a spot as one of the state’s top tourist destinations thanks to the nine resorts and three luxury golf courses inside its boundaries. Paradise Valley also appeals to families with its 11 schools and 4 medical centers. Scottsdale Fashion Square is known throughout the region as a premier shopping destination, located just 3 miles from the center of Paradise Valley. Here residents can shop top brands like Burberry, Gucci, Hugo Boss, and Tiffany & Co. It’s also the hot-spot for up-scale dining.

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2) Queen Creek

This town inside the Maricopa and Pinal counties is self-proclaimed as the most innovatively planned, family-friendly town in Arizona. Queen Creek, with a population of roughly 35,000 and median household income of $90,000, is a desirable place to plant roots because of the strong sense of community. Queen Creek is a ‘’be-local eat-local’’ sort of place, with many residents selling their super-fresh produce straight from their farms. A highlight is the Queen Creek Olive Mill, the only working olive farm and mill in Arizona. Residents and out-of-towners can tour the 100-acre farm, learn how olive oil is made, and taste the products in the on-site market. Queen Creek’s location in the foothills of the San Tan Mountains makes outdoor activities popular and accessible. The San Tan Regional Park boasts hiking trails for all levels of experience with beautiful desert landscape and flora.

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3) Carefree

The name alone sounds enticing, doesn’t it? This laid-back town of 3,400 people is a picture-perfect, tight-knit community in the Phoenix suburbs with a median household income of $92,000. The immaculately designed downtown hosts art galleries, boutique shopping, and fine dining venues. One of the largest sundials in the country, The Carefree Sundial, stands 35-feet tall and serves as the town’s city center. The Carefree Desert Gardens, a 4-acre botanical garden oasis located right in the downtown, is the town’s pride and joy. All of the above-mentioned attractions can be accessed via the convenient Foothills Trolley. Carefree is located in the Sonoran Desert with some of the most scenic desert views and landscapes in the state. Head over the Cave Creek Regional Park and take to the trails. Craving a different kind of activity? The nearby Bartlett Lake is the top choice for water-skiing, fishing, camping, and picnicking.

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4) Catalina Foothills

In the Santa Catalina Mountain foothills, Catalina Foothills is one of the wealthiest neighborhoods in Pima county. This town has some of Arizona’s most expensive properties and ranks as the 14th highest income per capita in the U.S. for communities of its size. With a population of around 50,000, residents enjoy an exclusive atmosphere, especially when it comes to their homes. The median home value is well over $400,000. This community shops at the largest shopping center in the Tucson Metro area, La Encantada. Luis Vuitton, Tiffany & Co., and Coach are just a few luxury brands found here. No problem for the average resident, whose household rakes in an average annual $80,000. Shopping is a predominant part of life here, but it’s not everything. Thanks to the nearby mountain range, Santa Catalina has hiking trails with incredible views of the landscape and front row seats to spectacular sunsets.

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5) Litchfield Park

Forty miles west of Phoenix is Litchfield Park, a small town of 5,500 people. Folks really know their neighbors here. It’s hard not to when the town is just 3.3 square miles! Litchfield Park has a small-town feel thanks to the well-maintained public areas shrouded in trees, the low crime rate, and the many locally-owned restaurants and retailers. The Wigwam Creek Shopping Center provides much of what residents need in terms of essentials. There’s also a weekly farmers’ market for fresh and local products. The Wigwam Resort Golf Course draws folks with its three 18-hole courses of varying degrees of difficulty. The median household income is around $85,000, and many residents here live a peaceful and satisfied life-style. Anything that residents can’t find in Litchfield Park – like major league baseball games or NBA matches – are just a short drive down the road in Phoenix.

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6) Scottsdale

The medium-sized city of Scottsdale has a population of around 246,600 and a median household income of $76,500. Known for its ranching operations and cattle driving, Scottsdale has managed to maintain a true wild west feel – except with nicer homes. Scottsdale’s downtown emits cowboy vibes and the city hosts an annual, month-long rodeo event. Perhaps all this is why Scottsdale has proclaimed itself the “Most Western Town in the West.” Despite its reputation as a “retiree” town, there’s plenty of young families living here. The Scottsdale Center for the Performing Arts is the staple of a vibrant arts and culture scene, which boasts dozens of galleries and museums in the downtown. Golf is also a popular past time. Interestingly, Scottsdale has a waterfront due to the floodplain built along the Indian Bend Wash Greenbelt. This plus the McDowell Sonoran Preserve provides plenty of outdoor activities for residents.

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7) Rio Verde

As a Census-Designated Place (CDP), Rio Verde is a small, planned retirement community for those 55 and older. The population is currently around 2,000 people. With less than 1,000 homes, Rio Verde is the most private and exclusive neighborhood on this list with the median household income between $85,000-$90,000. Identifying as a golfing community, the private Rio Verde Country Club has two courses, a large practice area, two restaurants, and a pro shop. This is a popular spot with residents. The community sits near the Verde River and is surrounded by the Tonto National Forest, McDowell Mountain Regional Park, and Yavapai Nation Indian Reservation. It’s an excellent location for enjoying activities like hiking, biking, and horseback riding. Fun Fact: the neighborhood runs on a renewable\sustainable water supply. Rio Verde might not be for everyone, but it’s certainly one of the wealthiest communities in Arizona.

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8) Fountain Hills

Sitting 25 minutes south from McDowell Mountain Regional Park, Fountain Hills is an affluent neighborhood with a median household income of $75,3000. The center, pride and joy of this aptly named town, is Fountain Park with the 560-foot fountain, around which many community events take place. Residents can easily access the more than 120,000-acre regional park for a variety of recreational activities including hiking, biking, and horseback riding. The park also has 76 campsites for tents and RVs if residents are craving a mini vacation away from their small city of 24,500. The park also hosts organized stargazing events as well as guided hikes. There are several wineries around town and a thriving arts and cultural scene with multiple galleries gracing the downtown. Also frequented by Fountain Hills residents is Saguaro Lake, 20 minutes outside of town. This is a favorite place for boating, fishing, and swimming.

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9) Gilbert

Halfway between Phoenix and Queen Creek, Gilbert is a small city with thriving business and entertainment areas. The median household income of roughly $85,600 allows residents to enjoy all of Gilbert’s amenities. Shopping ranges from high-end brands to thrifty local shops and entertainment comes from the four performing arts theaters – one of which is the longest running, privately owned theater in the country! The Riparian Preserve at Water Ranch ensures Gilbert remains as eco-friendly as possible. Residents also visit the preserve to exercise, fish, or just enjoy the natural paradise. The recreational activity of choice is golf, and Gilbert boasts a generous selection of courses. Gilbert houses half a dozen parks, including a dog park with a swimming and cleaning area for residents’ furry companions. The population is around 237,100 and grows every day. Gilbert claims a spot of one of the fastest growing cities in the nation.

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