Millionaires moving to Arizona flock to Scottsdale and Paradise Valley for Luxury and Low Taxes
Millionaires Moving to Arizona…Why the Wealthy Are Flocking to Scottsdale and Paradise Valley in 2025
With Millionaires moving to Arizona in increasing numbers, I’ve always believed that where we choose to live says a lot about what we value—whether it’s peace and quiet, opportunity, or just sunshine on a February morning. And right now, a growing number of millionaires are making that choice loud and clear by heading to the desert. Arizona, with its wide skies and tax-friendly climate, has become a magnet for those looking to trade the chaos of big-city life for something more grounded—but no less luxurious.
Scottsdale: Where Desert Meets Design
Scottsdale’s real estate is not just seeing growth—it’s in the middle of a full-blown luxury boom. Over the last decade, the city has more than doubled its millionaire population. By 2023, nearly 14,600 millionaires and five billionaires were calling Scottsdale home.
But numbers aside, here’s what really matters: Scottsdale offers a lifestyle that blends sophistication with soul. Whether it’s the soft desert colors of a North Scottsdale estate, the buzz of the Arts District, or a late dinner after a round of golf, this place delivers on both elegance and ease.
The state’s 2.5% flat income tax certainly doesn’t hurt—especially for folks leaving high-tax states like California. But it’s more than that. It’s the feeling of space. The pace. The way a Scottsdale morning feels when the sun creeps over the McDowells and everything’s quiet except the birds and maybe a few early risers at the driving range.
Paradise Valley: Arizona’s Best-Kept Secret (That’s Not So Secret Anymore)
Tucked between Phoenix and Scottsdale, Paradise Valley is what happens when privacy meets prestige. They call it the “Beverly Hills of Arizona,” and it’s easy to see why. Gated estates, mountain views, and streets so quiet you can hear your own thoughts. Median home prices have surged past $5 million, and some of the most exclusive builds in the state—like a $30.6M estate in Crown Canyon—are happening here.
Many of the families moving in aren’t just looking for status—they’re seeking sanctuary. One-to-five-acre lots. Room to breathe. A short drive to anything you’d want, without the noise of actually living in it. It’s especially attractive to tech execs, remote entrepreneurs, and anyone who wants the perks of a city with the peace of a retreat.
So Why Arizona?
Warm winters that make February feel like spring. A booming economy with growing industries like semiconductors. A cost of living (and cost of taxes) that doesn’t make your head spin. And more importantly—a quality of life that feels like a breath of fresh air after years of hustle.
Yes, Phoenix, Chandler, and the East Valley are growing. But when it comes to prestige, lifestyle, and legacy, Scottsdale and Paradise Valley are in a league of their own.
If you’re thinking about making a move—or you’re just curious what’s possible out here—let’s talk. I’d be honored to help you navigate the landscape and find your place in the sun.
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