Richest Cities In Arizona For 2020


We analyzed 57 places in Arizona to determine where the 1% live.

Editor’s Note: Data has been updated for 2020. This is our fifth time ranking the richest cities in Arizona.

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Money really does grow on cacti in Arizona's richest places. However, we don't want you to get 'stuck' trying to figure out where Arizona's wealthiest live on your own, so HomeSnacks' made a list of the top ten richest places in The Grand Canyon State for 2020 and listed them below.

To help you make sense of our list, here's a little insight into how we determined Arizona's most affluent places. This part was easy: we just had to look at things well-to-do people find important: money and jobs. And with fancy, rich city names like Paradise Valley and Fountain Hills, most would think that they would have to earn a cool million/year to make ends meet in the top ten. While that's not the case, you're going to have to bring in at least $78,697/year to live in Arizona's richest places.

We were not surprised, however, to find that Arizona is one of the fastest growing states or one of the best states to retire in the country with the consistent influx of snowbirds and retirees. But, we were surprised that the state is not one of the top ten richest states in America considering you need a high paying job and a bank account to match if you want to live in one of the state's richest places.

Want to know more? Grab some sunscreen, head to the Salt River in Phoenix, and read on.

To narrow down the top ten richest cities in Arizona we had to determine how many cities should be considered based on population and the latest Census from the American Survey. This left us with 58 Arizona cities with more than 5,000 residents.

So, what is the richest place in Arizona? That would be Paradise Valley based on the most recent data.

To see a list of the other super wealthy Arizona places take a look below. And if you want to know how the bottom one percent in Arizona are managing, click here.

Rich people not your cup of tea? Feel free to check out some more reading about Arizona:

The 10 Richest Cities In Arizona For 2020

Paradise Valley, AZ

Overall SnackAbility

10
/10

Population: 14,215
Rank Last Year: 1 (No Change)
Median Income: $204,145
Unemployment Rate: 1.4%
Poverty Rate: 5.0%
More on Paradise Valley: Real Estate | Data | Photos

Paradise Valley is a small, affluent town in Maricopa County, Arizona. The town is known for its luxury golf courses, shopping, and restaurant scene.

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. T

Queen Creek, AZ

Overall SnackAbility

7
/10

Population: 36,053
Rank Last Year: 2 (No Change)
Median Income: $98,214
Unemployment Rate: 3.6%
Poverty Rate: 6.3%
More on Queen Creek: Real Estate | Data | Photos

Review Of Queen Creek by HomeSnacks User

Very low crime rate; neighborhoods are all tree lined; and there are lots of cafes and shopping.

The movie theater is my favorite place. You don't have to fight for a seat. However, the traffic is horrible. You can't get anywhere quickly. It takes along time to get anywhere. Theres street lights at every quarter mile I think

Gilbert, AZ

Overall SnackAbility

9
/10

Population: 237,484
Rank Last Year: 3 (No Change)
Median Income: $92,350
Unemployment Rate: 4.4%
Poverty Rate: 5.9%
More on Gilbert: Real Estate | Data | Photos

Gilbert is a town in Maricopa County, Arizona, United States, located southeast of Phoenix, within the Phoenix metropolitan area. Once known as the "Hay Shipping Capital of the World", Gilbert is currently the most populous incorporated town in the United States. It is the sixth-largest municipality in Arizona, and the fifth-largest in the Metropolitan Phoenix Area.

Review Of Gilbert by HomeSnacks User

Gilbert, Arizona is a fast growing community in the east valley of phoenix. The schools are absolutely amazing especially Gilbert Public Schools. There is very little crime and a ton of out door splash pads and parks.

The number of restaurants grows buy the month! Down town Gilbert has such a fun family friendly vibe with a farmers market every week. Gilbert is appealing to young families because of the safe neighborhoods and the great schools.

Fountain Hills, AZ

Overall SnackAbility

6
/10

Population: 24,490
Rank Last Year: 9 (Up 5)
Median Income: $81,537
Unemployment Rate: 4.3%
Poverty Rate: 4.1%
More on Fountain Hills: Real Estate | Data | Photos

Fountain Hills is a town in Maricopa County, Arizona, United States. Known for its impressive fountain, once the tallest in the world, it borders on the Fort McDowell Yavapai Nation, Salt River Pima-Maricopa Indian Community, and Scottsdale, Arizona. The population is 22,489, as of the 2010 census. Between the 1990 and 2000 censuses it was the eighth fastest-growing place among cities and towns in Arizona.

Scottsdale, AZ

Overall SnackAbility

8.5
/10

Population: 246,026
Rank Last Year: 6 (Up 1)
Median Income: $84,601
Unemployment Rate: 3.7%
Poverty Rate: 8.2%
More on Scottsdale: Real Estate | Data | Photos

Scottsdale is a city in the eastern part of Maricopa County, Arizona, adjacent to the Greater Phoenix Area. Named Scottsdale in 1894 after founder Winfield Scott and incorporated in 1951 with a population of 2,000, the 2015 population of the city is estimated to be 236,839 according to the U.S. Census Bureau. The New York Times described downtown Scottsdale as "a desert version of Miami's South Beach" and as having "plenty of late night partying and a buzzing hotel scene." Its slogan is "The West's Most Western Town."

Sahuarita, AZ

Overall SnackAbility

9
/10

Population: 28,949
Rank Last Year: 4 (Down 2)
Median Income: $78,697
Unemployment Rate: 3.7%
Poverty Rate: 6.7%
More on Sahuarita: Real Estate | Data | Photos

Sahuarita is a town in Pima County, Arizona, United States. Sahuarita is located south of the Tohono O'odham Nation and abuts the north end of Green Valley, 15 miles south of Tucson. The population was 25,259 at the 2010 census.

Marana, AZ

Overall SnackAbility

8.5
/10

Population: 43,606
Rank Last Year: 8 (Up 1)
Median Income: $84,491
Unemployment Rate: 4.3%
Poverty Rate: 6.5%
More on Marana: Real Estate | Data | Photos

Marana is a town in Pima County, Arizona, located northwest of Tucson, with a small portion in Pinal County. According to the 2010 census, the population of the town is 34,961. Marana was the fourth fastest-growing place among all cities and towns in Arizona of any size from 1990 to 2000.

Goodyear, AZ

Overall SnackAbility

8
/10

Population: 77,476
Rank Last Year: 7 (Down 1)
Median Income: $80,336
Unemployment Rate: 4.1%
Poverty Rate: 7.8%
More on Goodyear: Real Estate | Data | Photos

Goodyear is a city in Maricopa County, Arizona, United States. It is a suburb of Phoenix and is in the Phoenix metropolitan area. According to the 2010 census, the population of the city is 65,275. Goodyear was the third fastest-growing place among all cities and towns in Arizona of any size between 1990 and 2000. The July 1, 2015, MAG population estimate was 79,003.

Chandler, AZ

Overall SnackAbility

8.5
/10

Population: 248,631
Rank Last Year: 10 (Up 1)
Median Income: $80,716
Unemployment Rate: 4.1%
Poverty Rate: 8.5%
More on Chandler: Real Estate | Data | Photos

Chandler is a city in Maricopa County, Arizona, United States, and a prominent suburb of the Phoenix, Arizona, Metropolitan Statistical Area. It is bordered to the north and west by Tempe, to the north by Mesa, to the west by Phoenix, to the south by the Gila River Indian Community, and to the east by Gilbert. As of July 2015, the population was 260,828 according to the United States Census Bureau, According to the city's official website, Chandler's Transportation & Development Department estimated the population, as of May 2016, to be 247,328. It also has satellite locations for many technology companies, including Intel and Orbital ATK.

Litchfield Park, AZ

Source: Public domain
Overall SnackAbility

6
/10

Population: 5,899
Rank Last Year: 12 (Up 2)
Median Income: $80,988
Unemployment Rate: 4.3%
Poverty Rate: 9.3%
More on Litchfield Park: Real Estate | Data | Photos

Litchfield Park is a city in Maricopa County, Arizona, United States. It is twenty miles northwest of Phoenix. According to the 2010 census, the population of the city is 5,476.

How We Determined The Richest Places In Arizona For 2020

Map Of The Richest Places To Live In Arizona
The first thing that comes to most people's minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don't believe that one statistic wholly encompasses what it means to be one of the "richest places". So we looked at this set of criteria from the newly released 2014-2018 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 58 places with more than 5,000 people in Arizona, we ranked each place from 1 to 58 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a "Rich Score" with the place having the lowest overall Rich Score, Paradise Valley, crowned the "Richest City In Arizona For 2020". You can download the data here.

You can learn more about the top ten below or skip to the end to see the rankings for all 58 places.

There You Have It - The Wealthiest Places In Arizona For 2020

Like we said earlier, when we set out to identify the richest places in Arizona, we weren't sure what we'd encounter, but it ended up being some of the best places to live in Arizona.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you're curious enough, here are the poorest cities in Arizona, according to data:

Poorest: South Tucson
2nd Poorest: Guadalupe
3rd Poorest: San Luis

For more Arizona reading, check out:

Detailed List Of The Richest Cities In Arizona

Rank City RichScore Median Income
1 Paradise Valley 1.33 $204,145
2 Queen Creek 3.67 $98,214
3 Gilbert 6.67 $92,350
4 Fountain Hills 6.67 $81,537
5 Scottsdale 7.0 $84,601
6 Sahuarita 8.0 $78,697
7 Marana 8.0 $84,491
8 Goodyear 9.67 $80,336
9 Chandler 10.33 $80,716
10 Litchfield Park 11.33 $80,988
11 Peoria 13.67 $73,039
12 Oro Valley 13.67 $76,484
13 Maricopa 13.67 $69,572
14 Wickenburg 17.0 $47,564
15 Thatcher 17.33 $55,833
16 Surprise 19.67 $65,160
17 Cave Creek 21.0 $85,529
18 Avondale 21.67 $58,938
19 Sedona 21.67 $60,015
20 Payson 22.67 $50,049
21 Mesa 23.33 $54,700
22 Sierra Vista 24.0 $60,140
23 Lake Havasu City 24.67 $51,187
24 Chino Valley 26.33 $47,065
25 Prescott 27.33 $54,037
26 Safford 28.33 $52,768
27 El Mirage 28.33 $54,646
28 Tolleson 29.33 $42,935
29 Tempe 29.33 $54,210
30 Phoenix 29.67 $54,765
31 Page 29.67 $57,475
32 Glendale 30.33 $52,314
33 Prescott Valley 31.33 $48,375
34 Florence 33.0 $49,674
35 Flagstaff 33.33 $56,015
36 Bisbee 35.33 $32,500
37 Casa Grande 35.33 $49,069
38 Kingman 36.33 $45,538
39 Camp Verde 37.67 $40,000
40 Holbrook 38.33 $43,462
41 Show Low 38.67 $46,011
42 Yuma 39.33 $47,702
43 Cottonwood 39.33 $34,209
44 Apache Junction 39.67 $42,115
45 Globe 40.0 $47,086
46 Youn 40.67 $41,441
47 Bullhead City 41.33 $40,162
48 Snowflake 45.33 $44,363
49 Tucson 45.33 $41,625
50 Coolidge 46.33 $44,063
51 Somerton 48.33 $39,292
52 Winslow 51.67 $38,043
53 Eloy 52.0 $37,530
54 Nogales 54.33 $28,238
55 Douglas 54.33 $34,154
56 San Luis 55.0 $34,122
57 Guadalupe 55.33 $32,298
58 South Tucson 58.0 $23,603

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

One thought on “Richest Cities In Arizona, 2020

  1. Thank you for this list because this is exactly what I need to help me with my research. Currently I stay in a let say semi suburban area in metro detroit and planning to move out here since my daughter live in Gilbert.

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