As an expert in the field of luxury travel, I have had the opportunity to visit and experience some of the most affluent cities in the world. And I can confidently say that Scottsdale, Arizona is definitely one of them. With its stunning desert landscape, upscale neighborhoods, and thriving economy, it's no surprise that Scottsdale is considered a wealthy city. According to the U. S.
Department of State, Scottsdale is one of the fastest-growing cities in terms of wealth. In fact, in the last decade alone, there has been a significant increase in millionaire residents. It's estimated that approximately one in every 17 residents is a millionaire, and the city is also home to several billionaires. And while Scottsdale may be known for its luxurious lifestyle, it's not the only wealthy place in Arizona. The third richest place in Arizona is Rio Verde, a master-planned community located east of Scottsdale.
This affluent enclave is home to some of the most exclusive and expensive properties in the state. However, it's Scottsdale that takes the top spot as the eleventh richest city in Arizona. During my trip to Scottsdale, I had the chance to explore different areas of the city and see for myself just how wealthy it truly is. I strolled through the bustling streets of South Scottsdale, where trendy restaurants and upscale boutiques line the streets. But it was in North Scottsdale and nearby Paradise Valley where I truly saw the wealth on display. In North Scottsdale, sprawling estates dot the mountainous desert landscape, showcasing the opulence and grandeur that this city has to offer.
And just a short drive away, Paradise Valley boasts some of the most luxurious and exclusive properties in the entire state. It's no wonder that this area is a popular destination for celebrities and wealthy individuals. As I searched for top-notch accommodations for my trip, I came across two of the best resorts in Arizona, both located in Scottsdale and Paradise Valley. The Phoenician in Scottsdale and the Hermosa Inn in Paradise Valley are both renowned for their luxury amenities and impeccable service. And it's not just me who thinks so - a recent article in The Arizona Republic revealed that 1 in every 17 residents of Scottsdale is a millionaire.
