The next section examines a variety of different income statistics for the Paradise Valley CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings between $75,000 and $99,999 at 95.8% of the total and is ranked #2. The only larger place being Golconda CDP with 100.0%.
The next chart (Figure 7) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 28.1% which is the second most of all the places in the local area. The place with the highest households with retirement income in the area is Orovada CDP which depicts a households with retirement income of 37.5% (33.3% larger).
The percentage of full-time workers are compared to the number of part-time workers in Figure 8. Paradise Valley CDP indicates full time employees very much bigger as the part time employees.
Figure 10 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Paradise Valley CDP depicts it has the hightest cost of 99.2 for the cost of transportation aggregate.
Paradise Valley CDP Nevada Poverty Charts
In Figure 11 the percentage of people earning less than the poverty level is shown and compared across the group of places. Paradise Valley CDP shows it has a Percent of Population In Poverty of 2.6% which is in the center range of other places in the area. The place with the highest percent of people earning less than the poverty level in the area is Fort McDermitt CDP which depicts a percent of people in poverty of 50.5% ( appreciably bigger).
Paradise Valley CDP Nevada Labor Force Charts
The table in Figure 13, shows Paradise Valley CDP employment data in terms of job categories and salary data.
The next two charts look at monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2022, the Covid 19 recession occurred and affects this metric. The monthly unemployment rate depicts that from February 2017 to before the Coronavirus Pandemic it went from 4.6% to 3.0% in December 2019. This represents a decrease in the monthly unemployment rate of 34.8%. Since that time, the monthly unemployment rate has gone to 3.0%. This represents an increase in the monthly unemployment rate of very little.
Paradise Valley CDP Nevada Jobs Charts
In the jobs section of economic activity charts in Figure 15 shows the average annual earnings for very high level job industry categories for full time and year round employed.
Figure 16 shows the average median earnings for different categories of jobs.
Paradise Valley CDP Nevada Work Commute Charts
Figure 18 shows a more detailed view of how the population commutes to work for (for example to downtown Paradise Valley CDP or elsewhere.) Paradise Valley CDP has one of the largest proportions of people who drove alone at 98% of the total and is ranked #3. Only #2 Golconda CDP (100%), and #1 McDermitt CDP (100%) are larger.
Figure 19 is provided for comparison purposes to the previous chart. It shows how people get to work overall on average in the United States.
Cities marked with an asterisk ("*") should resemble a city or town but do not have their own government (i.e. Mayor, City Council, etc.) These places should be recognizable by the local community but their boundaries have no legal status. Technically these include both Census Designated Places (CDP) and Census County Divisions (CCD) which are defined by the Census Bureau along with local authorities. (For more information, see:
Census Designated Place or "CDP")
and Census County Division "CCD".)
For comparison purposes, the US national average and the state average value are provided. Additionally, the "Combined Statistical Area" or CSA is shown that is closest to the city, county, or zip code shown. A CSA is a large grouping of adjacent metropolitan areas that identified by the Census Bureau based on social and economic ties. (See: Combined Statistical Area)
Data sources - Mouse over icon in upper right corner of each chart for information.