Four years ago, the residents of Paradise Valley had an average net worth $1.5 million and an average home value of $497,000. This year the numbers are $2.1 million and $1 million, respectively, and 85253 is still No. 1 on the Phoenix Business Journal’s Wealthiest ZIP Codes list.
The list, published today, was researched and ranked by mapping/economic analysis firm Esri of Redlands, California. The list was ranked by Esri’s wealth indicators, and 85253 was followed in the standings by North Scottsdale ZIP codes 85262 and 85266.
The top three ZIP codes all show median disposable income in their area as exceeding $80,000 in 2015, and average home values were all above $720,000.
For the full list of zip codes are available here.