New River vs Paradise Valley

A side-by-side comparison of New River and Paradise Valley: population, income, housing, and more.

New River and Paradise Valley are places in Arizona. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

New River has the higher population (18,365 vs 12,621 in Paradise Valley). Paradise Valley has the higher median household income ($236,250 vs $120,279 in New River). Paradise Valley has the higher median home value ($2,000,001 vs $603,700 in New River).

Population, income & housing

	New River	Paradise Valley
Population	18,365	12,621
Median age	50.6 yrs	55.5 yrs
Median household income	$120,279	$236,250
Median home value	$603,700	$2,000,001
Median gross rent	$1,837	$3,501
Housing units	7,381	5,748
Homeownership rate	94.4%	95.1%
Bachelor's degree or higher	31.6%	72.9%
Unemployment rate	2.9%	2.5%

Trends (ACS 5-year, 2019–2023)

	New River	Paradise Valley
Population	15,910 → 18,365 (+15.4%)	14,362 → 12,621 (-12.1%)
Median household income	$85,294 → $120,279 (+41.0%)	$211,393 → $236,250 (+11.8%)
Median home value	$376,700 → $603,700 (+60.3%)	$1,516,200 → $2,000,001 (+31.9%)
Median gross rent	$1,968 → $1,837 (-6.7%)	$2,547 → $3,501 (+37.5%)

New River

Population

15,91018,365

Median household income

$85,294$120,279

Median home value

$376,700$603,700

Median gross rent

$1,968$1,837

Paradise Valley

Population

14,36212,621

Median household income

$211,393$236,250

Median home value

$1,516,200$2,000,001

Median gross rent

$2,547$3,501

Age & race/ethnicity

Age distribution (share)

	New River	Paradise Valley
Under 5	5.0%	4.3%
5 to 17	14.8%	13.5%
18 to 24	4.5%	4.0%
25 to 34	7.7%	6.0%
35 to 44	9.3%	10.7%
45 to 54	19.5%	10.8%
55 to 64	18.1%	19.8%
65 to 74	15.0%	17.5%
75 and over	6.0%	13.4%

Race & ethnicity (share)

	New River	Paradise Valley
White (non-Hispanic)	86.3%	78.8%
Black or African American	1.0%	0.1%
American Indian & Alaska Native	0.1%	0.4%
Asian	1.9%	5.1%
Native Hawaiian & Pacific Islander	0.0%	1.9%
Some other race	0.4%	0.0%
Two or more races	2.3%	3.6%
Hispanic or Latino	7.9%	10.2%

Educational attainment (age 25+)

Share of adults 25+

	New River	Paradise Valley
No high school diploma	4.6%	1.9%
High school graduate	28.1%	8.6%
Some college or associate's	35.8%	16.6%
Bachelor's degree	21.0%	38.5%
Graduate or professional degree	10.6%	34.4%

Commute to work

How workers get to work (share)

	New River	Paradise Valley
Drove alone	66.6%	64.8%
Carpooled	8.6%	6.2%
Public transit	0.2%	0.4%
Walked	1.2%	0.2%
Bicycle	0.2%	0.7%
Worked from home	22.4%	25.8%
Other means	0.9%	1.9%

Housing

Units in structure (share)

	New River	Paradise Valley
1-unit, detached	90.8%	96.3%
1-unit, attached	0.4%	1.7%
2 to 4 units	0.0%	0.7%
5 to 19 units	0.0%	0.1%
20 or more units	0.0%	1.0%
Mobile home & other	8.8%	0.2%

Poverty & households

	New River	Paradise Valley
Poverty rate	5.4%	5.0%
Average household size	2.59	2.53
Mean commute (minutes)	34	22
Median year structure built	2002	1985