Phoenix Business Journal - by Adam Kress
Date: Tuesday, August 16, 2011, 1:38pm MSTRelated:
According to the rankings at CNNMoney.com, the median family income in the ritzy Phoenix suburb is $195,637. That’s higher than all but 10 cities or towns in America.
The median home price in Paradise Valley is 1,185,000, according to the CNNMoney list. That’s higher than many of the 25 cities on the list.
Paradise Valley was described on the list as a “town known for R&R — residents and resort dwellers. Its zoning codes are strictly enforced to maintain quiet serenity and unspoiled views of local vistas including Camelback and Mummy Mountains and Indian Bend Wash.”
The No. 1 town on the list is Great Falls, Va., with a median family income of $367,660.
See the full list here.
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