Yes, Scottsdale is considered a wealthy city. It's one of the fastest-growing cities in the U.S. Department of State in terms of wealth, with a significant increase in millionaire residents in the last decade. It's estimated that roughly one in every 17 residents is a millionaire, and the city is home to several billionaires.
The third richest place in Arizona is Rio Verde, a master-planned community east of Scottsdale (the latter being the eleventh richest city). from Arizona). During my trip, I strolled the bustling streets of South Scottsdale and explored the city's wealthiest areas in North Scottsdale and the nearby Paradise Valley, where sprawling estates dot the mountainous desert landscape. Searching the Internet for top-notch accommodations for my trip, I discovered that two of the state's best resorts are located in Arizona's affluent enclave: the Phoenician in Scottsdale and the Hermosa Inn in Paradise Valley.
In fact, a recent article in The Arizona Republic showed that 1 in 17 Scottsdale residents is a millionaire.
