Market Data 
- Millionaires and big-city dwellers are moving to Scottsdale and Paradise Valley in Arizona.
- Phoenix’s suburbs offer grand estates with privacy and mountain views.
- I visited both and saw that one is more expensive than the other due to location and property size.
Whether you’re a tech worker, an executive, or a recent retiree, Phoenix offers easy living.
The desert valley city is known for its booming tech scene, sunny weather, dramatic, natural landscapes, and ease of travel with the well-connected Phoenix Sky Harbor International Airport.
And with lower taxes, it’s no wonder millionaires and big-city dwellers are packing up and moving to the area.
But they’re not flocking to Phoenix proper; they’re moving to the suburbs surrounding it — Scottsdale and Paradise Valley.
The influx of millionaire residents over the last decade turned Scottsdale into the second-fastest growing US city in terms of wealth, Business Insider reported in March 2024.
Meanwhile, the neighboring Paradise Valley is the richest municipality in the state. Also known as the “Beverly Hills of Arizona,” Paradise Valley draws celebrity and billionaire residents, from Stevie Nicks to Campbell Soup heir Bennett Dorrance.
So, what makes Paradise Valley more expensive and exclusive than Scottsdale, and how different are they?
I went to the two Phoenix suburbs and found out.
