The 10 Richest Cities In Arizona For 2024


The richest cities in Arizona are Paradise Valley and Carefree for 2024 based on Saturday Night Science.

Money 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 we made a list of the top ten richest places in The Grand Canyon State for 2024 and listed them below.

To determine Arizona’s most affluent places, we looked at home prices according to Zillow and median incomes from the Census.

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.

With fancy, rich city names like Paradise Valley and Fountain Hills, you’re going to have to bring in at least $90,824/year to live in Arizona’s wealthiest places.


Table Of Contents: Top Ten | Methodology | Summary | Table


Richest Cities In Arizona Map

What is the richest place in Arizona? The richest place in Arizona is Paradise Valley based on the most recent data.

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

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

The 10 Richest Cities In Arizona For 2024

1. Paradise Valley

Paradise Valley, AZ

Source: Wikipedia User Tony the Marine (talk) | CC BY-SA 3.0
Overall SnackAbility

9.5
/10

Population: 12,672
Median Income: $221,333
Median Home Values: $3,234,281
More on Paradise Valley: Data | Crime | Cost Of Living | Real Estate

2. Carefree

Carefree, AZ

Source: Wikipedia User Marine 69-71 | CC BY-SA 4.0
Overall SnackAbility

6
/10

Population: 3,671
Median Income: $122,328
Median Home Values: $1,227,970
More on Carefree: Data | Real Estate

3. Queen Creek

Queen Creek, AZ

Source: Wikipedia User Tony the Marine | CC BY-SA 3.0
Overall SnackAbility

6
/10

Population: 61,788
Median Income: $127,182
Median Home Values: $627,569
More on Queen Creek: Data | Cost Of Living | Real Estate

4. Scottsdale

Scottsdale, AZ

Source: Wikipedia User Joseph Plotz | CC BY-SA 3.0
Overall SnackAbility

9
/10

Population: 240,537
Median Income: $104,197
Median Home Values: $798,175
More on Scottsdale: Data | Crime | Cost Of Living | Real Estate

5. Fountain Hills

Fountain Hills, AZ

Source: Wikipedia User Bernard Gagnon | GFDL
Overall SnackAbility

6
/10

Population: 23,739
Median Income: $100,317
Median Home Values: $640,087
More on Fountain Hills: Data | Cost Of Living | Real Estate

6. Gilbert

Gilbert, AZ

Source: Wikipedia User Tony the Marine (talk) | CC BY-SA 3.0
Overall SnackAbility

9
/10

Population: 267,267
Median Income: $115,179
Median Home Values: $566,231
More on Gilbert: Data | Crime | Cost Of Living | Real Estate

7. Litchfield Park

Litchfield Park, AZ

Source: Public domain
Overall SnackAbility

7
/10

Population: 6,794
Median Income: $117,601
Median Home Values: $535,888
More on Litchfield Park: Data | Cost Of Living | Real Estate

8. Cave Creek

Cave Creek, AZ

Source: Wikipedia User Marine 69-71 | CC BY-SA 4.0
Overall SnackAbility

6
/10

Population: 4,966
Median Income: $90,824
Median Home Values: $980,412
More on Cave Creek: Data | Cost Of Living | Real Estate

9. Oro Valley

Oro Valley, AZ

Source: Wikipedia User The original uploader was Danman083 at English Wikipedia | GFDL
Overall SnackAbility

9
/10

Population: 47,053
Median Income: $101,394
Median Home Values: $500,520
More on Oro Valley: Data | Crime | Cost Of Living | Real Estate

10. Chandler

Chandler, AZ

Source: Wikipedia User Ixnayonthetimmay | GFDL
Overall SnackAbility

8.5
/10

Population: 275,618
Median Income: $99,374
Median Home Values: $519,175
More on Chandler: Data | Crime | Cost Of Living | Real Estate

Methodology: How We Determined The Richest Places In Arizona For 2024

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 simply identifying 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 2018-2022 American Community Survey and applied Saturday Night Science:

  • Median Home Values
  • Median Household Income

Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”

After we collected the data for all 70 places with more than 3,000 people in Arizona, we ranked each place from 1 to 70 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 2024.”

The data has been updated for 2024. This is our tenth time ranking the wealthiest cities in Arizona.

You can skip to the end to see the rankings for all 70 places.

Summary: The Wealthiest Places In Arizona For 2024

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.

The richest cities in Arizona are Paradise Valley, Carefree, Queen Creek, Scottsdale, Fountain Hills, Gilbert, Litchfield Park, Cave Creek, Oro Valley, and Chandler.

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: Douglas
3rd Poorest: Willcox

For more Arizona reading, check out:

Detailed List Of The Richest Cities In Arizona

Rank City RichScore Median Income Average Home Price
1 Paradise Valley 1.0 $221,333 $3,234,281
2 Carefree 2.5 $122,328 $1,227,970
3 Queen Creek 5.0 $127,182 $627,569
4 Scottsdale 6.0 $104,197 $798,175
5 Fountain Hills 7.5 $100,317 $640,087
6 Gilbert 7.5 $115,179 $566,231
7 Litchfield Park 7.5 $117,601 $535,888
8 Cave Creek 8.0 $90,824 $980,412
9 Oro Valley 11.0 $101,394 $500,520
10 Chandler 11.5 $99,374 $519,175
11 Goodyear 13.5 $97,307 $479,397
12 Peoria 15.5 $86,759 $485,980
13 Marana 16.0 $105,624 $431,013
14 Surprise 19.5 $87,756 $432,141
15 Flagstaff 21.0 $65,652 $630,887
16 Prescott 21.5 $66,330 $591,042
17 Tempe 22.5 $72,022 $474,681
18 Sedona 23.5 $62,901 $903,499
19 Mesa 24.5 $73,766 $431,607
20 Sahuarita 25.5 $97,133 $360,541
21 Maricopa 26.0 $88,795 $361,705
22 Prescott Valley 26.5 $66,617 $449,398
23 Wickenburg 26.5 $63,301 $526,044
24 Avondale 26.5 $76,496 $401,338
25 Phoenix 27.5 $72,092 $417,187
26 Lake Havasu City 30.0 $64,027 $459,760
27 Page 30.0 $79,521 $358,463
28 Florence 31.5 $74,025 $358,475
29 Parker 32.0 $67,566 $390,624
30 Glendale 32.0 $66,375 $405,468
31 Taylor 32.5 $75,125 $346,419
32 El Mirage 33.5 $72,134 $355,004
33 Payson 34.0 $60,095 $432,786
34 Williams 34.5 $63,141 $419,671
35 Dewey-Humboldt 35.0 $56,604 $464,319
36 Eagar 35.5 $82,538 $280,887
37 Chino Valley 36.5 $55,682 $477,451
38 Snowflake 37.0 $71,029 $326,502
39 Thatcher 38.0 $71,591 $304,034
40 Show Low 38.0 $57,406 $418,453
41 St. Johns 39.0 $83,690 $214,168
42 Sierra Vista 41.0 $70,899 $283,365
43 Casa Grande 42.0 $64,535 $324,372
44 Pinetop-Lakeside 43.0 $57,125 $370,062
45 Camp Verde 44.0 $50,247 $408,890
46 Clarkdale 45.0 $40,313 $448,210
47 Clifton 45.0 $78,862 $86,321
48 Apache Junction 46.0 $56,209 $366,015
49 Safford 47.0 $64,860 $244,967
50 Tolleson 47.0 $47,875 $389,180
51 Coolidge 47.0 $60,682 $286,315
52 Somerton 47.5 $64,180 $257,097
53 Youn 48.0 $56,449 $345,944
54 Yuma 48.5 $59,312 $284,259
55 Cottonwood 50.0 $43,273 $385,989
56 Globe 50.0 $64,516 $213,967
57 Tucson 51.5 $52,049 $324,757
58 Eloy 53.0 $57,364 $247,454
59 Kingman 54.0 $56,360 $265,190
60 Guadalupe 54.0 $56,423 $259,445
61 Bullhead City 55.0 $47,129 $301,043
62 Holbrook 57.0 $58,856 $177,645
63 Benson 59.0 $49,955 $239,970
64 San Luis 61.0 $46,747 $234,684
65 Bisbee 63.5 $43,512 $210,374
66 Winslow 64.5 $43,918 $177,709
67 Nogales 66.5 $36,682 $205,633
68 Willcox 67.5 $40,884 $175,200
69 Douglas 67.5 $41,594 $148,672
70 South Tucson 67.5 $34,014 $203,732
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.