Paradise Valley, a neighborhood in Phoenix, Arizona, exhibits a White Majority demographic composition with a median household income of $85,007 as of 2022. Over the past decade, Paradise Valley has maintained its status as a White Majority community, but with a gradual trend towards increased diversity. From 2013 to 2022, the white population decreased from 76% to 67% of the total. This shift suggests a slow but steady transition towards a more diverse community, though it has not yet reached the threshold for reclassification under the study's terms.

The Hispanic population has shown the most significant growth, increasing from 16% in 2013 to 20% in 2022. The Asian population has risen from 3% to 5% during this period. These changes indicate a gradual move towards Moderate Diversity, although the community still falls short of meeting that definition due to the continued white majority.

The demographic shifts in Paradise Valley have occurred alongside a notable increase in median household income. From 2013 to 2022, the median income rose from $77,149 to $85,007, representing a 10.2% increase. This trend suggests that the increasing diversity has not come at the expense of economic prosperity. The population of Paradise Valley has remained relatively stable over the decade, with only minor fluctuations.