The 5 Richest Neighborhoods In Phoenix, AZ For 2024

The richest Phoenix neighborhoods are Desert View and North Gateway for 2024 based on Saturday Night Science.

Richest Neighborhoods In Phoenix
Source: Public domain

Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they aren’t made of ticky-tacky, they are definitely made of money.

These are the wealthiest neighborhoods that Phoenix has to offer. Where houses go for over 2.13x the national median and household incomes are 2.26x the national median.

But where exactly in Phoenix do the richest of the rich people live? That would be Desert View where the median income is a cool $124,095.

Here’s a look at the top 10 wealthiest neighborhoods in Phoenix out of 15 for 2024.

The Richest Neighborhoods In Phoenix For 2024

  1. Desert View
  2. North Gateway
  3. Ahwatukee Foothills
  4. New Village
  5. Paradise Valley

What’s the richest neighborhood to live in Phoenix for 2024? According to the most recent census data, Desert View looks to be the richest Phoenix neighborhood to live in.

Summing up the median income of those 10 neighborhoods adds up to $888,008. And that, my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky.

Find where your neighborhood ranks amongst the richest in Phoenix.

For more Phoenix reading, check out the best neighborhoods in Phoenix and the worst neighborhoods in Phoenix.

Or, for living around Phoenix, out the best Phoenix suburbs and the worst Phoenix suburbs.

Table Of Contents: Table | Methodology

Richst Neighborhoods In Phoenix For 2024 By Median Income

Rank Neighborhood Median Household Income
1 Desert View $124,095
2 North Gateway $122,092
3 Ahwatukee Foothills $102,537
4 New Village $96,497
5 Paradise Valley $84,698
6 Laveen $79,753
7 Deer Valley $78,104
8 Camelback East $78,091
9 North Mountain $62,524
10 Estrella $59,617
11 Encanto $59,323
12 South Mountain $59,319
13 Maryvale $52,445
14 Alahambra $43,225
15 Central City $43,152

How We Determined The Wealthiest Neighborhoods In Phoenix For 2024

Every city has its best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.

And by no one, we mean you because there’s always someone richer than you.

How do you quantify richer than you? We looked at one simple criterion:

Which neighborhoods have the highest median income?

Using Saturday Night Science, we researched income data from the Census and BLS for every neighborhood in Phoenix.

We ranked every neighborhood in Phoenix by median income from highest to lowest. The neighborhood with the highest median income, Desert View, was named the wealthiest neighborhood in Phoenix.

The richest neighborhoods in Phoenix are Desert View, North Gateway, Ahwatukee Foothills, New Village, Paradise Valley, Laveen, Deer Valley, Camelback East, North Mountain, and Estrella.

The poorest neighborhood? That would be Central City.

The poorest neighborhoods in Phoenix are Central City, Alahambra, Maryvale, South Mountain, and Encanto.

We updated this article for 2024. This is our tenth time ranking the most affluent neighborhoods to live in Phoenix.

For more Arizona reading, check out:

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.