Paradise Valley ranks among list of wealthiest towns in America

An annual ranking has identified the “richest towns” in America.

Among a Bloomberg list that contains mostly coastal states and localities, Paradise Valley ranked as the 14th most affluent town in the country.

Rankings were determined by average household income.

Moving up six spots from last year’s list, Paradise Valley had an average household income of roughly $328,000.

The top five:

1 Atherton, California
2 Scarsdale, New York
3 Hilsborough, California
4 Cherry Hills Village, Colorado
5 Los Altos Hills, California

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