I’d been to Phoenix many times, but I had never ventured 15 miles east to Arizona’s millionaire enclave until April 2024.
I flew from my home in NYC to the familiar Southwestern city to spend 48 hours in two nearby suburbs — Scottsdale and Paradise Valley.
Scottsdale is America’s fastest-growing wealth hub, with a 125% increase in millionaire residents between 2014 and 2024, according to the 2025 USA Wealth Report by Henley & Partners.
Nestled between Scottsdale and Phoenix, Paradise Valley is the richest municipality in Arizona by per capita income, according to the US Census Bureau.
The desert mountain town of grand estates and billionaire residents is known as the “Beverley Hills of Arizona.” Real-estate agent Shawn Shackelton, who has been selling luxury homes in Paradise Valley and Scottsdale for over two decades, told Business Insider in 2024 that incoming residents are typically entrepreneurs, C-suite executives, medical professionals such as doctors and PAs, and young retirees.
I spent one night in each Phoenix suburb.
After seven years of calling NYC home, I couldn’t imagine ditching the big-city life, but Scottsdale and Paradise Valley surprised me in many ways.
Some of those surprises made me think I could get used to the luxury desert lifestyle.
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