AZ’s Wealthiest Zip By Household Income

Welcome back to WilliamsLuxuryHomes.com. Last week, we showcased one of our listings in Desert Mountain, located in the exclusive 85262 zip code. This stunning property came with a full membership to the Desert Mountain Golf Club. Today, there’s big news: 85262 has surpassed Paradise Valley’s 85253 in household wealth for the first time. This marks a significant shift in the landscape of affluence in the Greater Phoenix area. Why is this happening? Below, we go into it in detail. As well as show the Top 10 zip codes (and stats) for Maricopa Country!

The Historic Wealth Shift

For decades, residents of Paradise Valley’s 85253 ZIP code were the top earners in the Valley. But now, 85262 in North Scottsdale has taken the lead in household wealth for the first time in modern Arizona history. This data, based on 2022 figures from the U.S. Census Bureau’s American Community Survey, is turning heads.

What Makes 85262 Special

85262 encompasses more than just Desert Mountain. This area is known for its luxurious, sprawling properties and a lifestyle that blends high-end living with natural beauty and serenity.

• Exclusive Communities: Including Desert Mountain, Mirabel, Estancia, and Legend Trail.
• Cooler Climate: Typically 10 degrees cooler than surrounding areas.
• Natural Beauty: Stunning desert landscapes and mountainous terrain.
• Luxury Amenities: Golf courses, equestrian facilities, and wellness centers.
• Privacy and Security: Guard-gated communities and private estates.

Migration & Lifestyle Preferences

The rise of 85262 is driven by a significant influx of wealthy individuals from major metropolitan areas. The area offers an appealing combination of luxury, privacy, and a more relaxed lifestyle, which is highly attractive to high-net-worth individuals.

• Migration Patterns: People relocating from Southern California, Chicago, NYC, Seattle, and Portland.
• Economic Opportunities: Attractiveness of Scottsdale’s amenities and business opportunities.
• Climate Advantages: Cooler temperatures and beautiful natural surroundings.

Also Read: Guide To Scottsdale Arizona – A Warm & Lovely Paradise

The Appeal Of Desert Mountain & Beyond

Desert Mountain is a major draw within 85262, but the area’s appeal extends beyond this exclusive community. Luxury living and privacy make 85262 a top choice for affluent buyers.

• Seven Golf Courses: Chiricahua, Outlaw, Geronimo, Cochise, Renegade, Apache, and Seven.
• Exclusive Lifestyle: Guard-gated security, private club amenities.
• Outdoor Activities: 20 miles of trails, beautiful desert landscapes.
• High-End Real Estate: Stunning homes and properties in various luxury communities.

Understanding The Wealth Shift

The rise of 85262 as the wealthiest zip code highlights North Scottsdale’s growing appeal. Several factors contribute to this trend:

• Migration Patterns: Influx from Southern California, Chicago, NYC.
• Lifestyle Preferences: Desire for exclusive, serene environments.
• Economic Opportunities: Attractiveness of North Scottsdale’s amenities.
• Climate Advantages: Cooler temperatures, appealing for luxury living.

Wealthy individuals increasingly seek out 85262 for its unique offerings and superior quality of life.

Top 10 Maricopa County Zip Codes

Understanding the broader context requires a look at detailed statistics. Here’s a breakdown of key data points for the top 10 zip codes, highlighting their economic and educational profiles.

ZIP Code 85262 – Scottsdale

• Population: 13,126
• Median Household Income (2022): $177,965
• Per Capita Income (2022): $119,467
• Households with 200K+ Income: 41.9%
• Median Home Value: 1.05 million
• Bachelor’s Degree Holders: 34.3%
• Graduate/Professional Degree Holders: 25.1%

ZIP Code 85253 – Paradise Valley

• Population: 17,149
• Median Household Income (2022): $172,857
• Per Capita Income (2022): $136,435
• Households with 200K+ Income: 46.2%
• Median Home Value: .67 million
• Bachelor’s Degree Holders: 36.7%
• Graduate/Professional Degree Holders: 33.7%

ZIP Code 85045 – Phoenix

• Population: 7,303
• Median Household Income (2022): $152,805
• Per Capita Income (2022): $68,831
• Households with 200K+ Income: 31.3%
• Median Home Value: 6,200
• Bachelor’s Degree Holders: 39.9%
• Graduate/Professional Degree Holders: 23.5%

ZIP Code 85266 – Scottsdale

• Population: 12,187
• Median Household Income (2022): $150,699
• Per Capita Income (2022): $90,483
• Households with 200K+ Income: 36.9%
• Median Home Value: 9,500
• Bachelor’s Degree Holders: 35.6%
• Graduate/Professional Degree Holders: 32.2%

ZIP Code 85083 – Phoenix

• Population: 19,703
• Median Household Income (2022): $149,058
• Per Capita Income (2022): $34,511
• Households with 200K+ Income: 29.2%
• Median Home Value: 4,200
• Bachelor’s Degree Holders: 27.1%
• Graduate/Professional Degree Holders: 25.9%

ZIP Code 85284 – Tempe

• Population: 19,150
• Median Household Income (2022): $147,500
• Per Capita Income (2022): $68,205
• Households with 200K+ Income: 29.9%
• Median Home Value: 8,000
• Bachelor’s Degree Holders: 35.7%
• Graduate/Professional Degree Holders: 32.5%

ZIP Code 85249 – Chandler

• Population: 46,377
• Median Household Income (2022): $145,036
• Per Capita Income (2022): $63,139
• Households with 200K+ Income: 31.5%
• Median Home Value: 9,300
• Bachelor’s Degree Holders: 31.8%
• Graduate/Professional Degree Holders: 21.9%

ZIP Code 85298 – Gilbert

• Population: 42,090
• Median Household Income (2022): $141,533
• Per Capita Income (2022): $51,279
• Households with 200K+ Income: 27.2%
• Median Home Value: 0,700
• Bachelor’s Degree Holders: 33%
• Graduate/Professional Degree Holders: 17.7%

ZIP Code 85259 – Scottsdale

• Population: 22,241
• Median Household Income (2022): $140,533
• Per Capita Income (2022): $83,178
• Households with 200K+ Income: 33.2%
• Median Home Value: 7,500
• Bachelor’s Degree Holders: 37.4%
• Graduate/Professional Degree Holders: 31.1%

ZIP Code 85255 – Scottsdale

• Population: 43,685
• Median Household Income (2022): $136,486
• Per Capita Income (2022): $92,638
• Households with 200K+ Income: 34.8%
• Median Home Value: 7,200
• Bachelor’s Degree Holders: 39.2%
• Graduate/Professional Degree Holders: 29.5%

The Role of Williams Luxury Homes

At Williams Luxury Homes, we found this shift in household wealth to be highly interesting. Yes, we knew 85262 was becoming more popular, and yes, we knew people loved it. But to see it surpass 85253 in Paradise Valley for household income is quite shocking, even for us. But that’s what the data shows, and we wanted to share it with you. Our firm offers world-class real estate services, combining digital and human elements. We excel in:

• Representation: Expert negotiators with 100+ years of experience, providing award-winning representation to buyers, sellers, developers, and investors.
• Residential Services: Helping clients discover Greater Phoenix’s sought-after fixer-uppers and introducing them to talented contractors for successful flips.
• Listing Love: Utilizing trendy home-staging companies, high-engagement social media, Google-loved SEO, and strategic print campaigns to market listings effectively.
• WLH Studios: Our in-house video and marketing production department creates high-quality real estate videos for fast sales at top dollar.
• Celeb & Sports Division: Catering to clients in the financial, entertainment, fashion, tech, and pro sports industries, protecting their wealth and privacy.
• Property Management: Providing professional property management services and access to luxury rental properties, all performed in-house.

Williams Luxury Homes continues to lead the market by providing unmatched services tailored to the needs of our clients. Our expertise in Scottsdale and Paradise Valley ensures we stay ahead in the dynamic real estate landscape.

In Closing

The historic shift in wealth from 85253 to 85262 is a significant development in Arizona’s real estate market. The appeal of 85262, with its unique amenities, exclusive communities, and superior lifestyle, plays a crucial role in this transformation. At Williams Luxury Homes, we are excited to be part of the evolution of both the Scottsdale and Paradise Valley real estate market. Did you enjoy today’s content? We hope so. Stay tuned for more updates here on LUXE BLOG!