The Top 10 Wealthiest Neighborhoods in Southeast Valley
Lush landscapes, winding driveways, private lakes and mountain-side vistas are among the features found in many affluent valley neighborhoods. The U.S. Census Bureau data compiled by the Maricopa Association of Governments puts four of the 10 wealthiest southeast neighborhoods in Chandler, while Ahwatukee lands the top two. Gilbert, Tempe and Mesa neighborhoods add to the list, while Scottsdale is considered outside of the Southeast Valley.
“Exclusive communities in Chandler, Tempe, Ahwatukee, Gilbert and Mesa house some of the region’s wealthiest residents, with median incomes ranging from $149,000 to $180,000 a year. The census figures reflect data for block groups, which sometimes cover multiple subdivisions or just a portion of one,” reports Parker Leavitt, of The Republic.
Here’s a look into the 10 Southeast Valley communities that hold the highest median household income, based on U.S. Census block group data compiled by the Maricopa Association of Governments. Home value data is from Maricopa County Assessor’s Office.
Simply click on the links to view luxury homes for sale in these neighborhoods.
# 1) Canyon Reserve / Mountain Park Ranch
City: Ahwatukee, Phoenix
Cross streets: Ray Road and Ranch Circle North
Median household income: $180,329
Average age of residents: 44.1 years
Description: Just north of Ray Road near Chandler Boulevard is the part of Ahwatukee’s Mountain Park Ranch community that this block group covers. While luxury homes for sale in Mountain Park Ranch are listed between two-hundred and seven-hundred-thousand, most of the homes for sale in the gated Canyon Reserve subdivision are listed closer to the $1 million mark.
#2) Tapestry Canyon / The Foothills
City: Ahwatukee, Phoenix
Cross streets: Chandler Boulevard and Desert Foothills Parkway
Median household income: $176,250
Average age of residents: 43.5 years
Description: This block group covers part of The Foothills community, also near Ray Road and Chandler Boulevard. Breathtaking luxury homes in the gated neighborhood of Tapestry Canyon wind through the foothills of South Mountain and value more than $1 million. Currently, only one of these magnificent properties are for sale.
#3) Circle G Riggs Homestead Ranch
Cross streets: Gilbert and Riggs roads
Median household income: $170,971
Average age of residents: 34.9 years
Description: This block group covers a full square mile bounded by Cooper, Gilbert, Chandler Heights and Riggs roads. The Barrington subdivision and Circle G Riggs Homestead Ranch are included in this area. The average listing price of homes for sale in The Barrington subdivision is about $400,000.
#4) Val Vista Lakes
Cross streets: Baseline Road and Val Vista Drive
Median household income: $166,719
Average age of residents: 43.1 years
Description: Covered in this block group is the exclusive community of West Lake Estates, within the Val Vista Lakes community, west of Val Vista Drive, as well as Mission Bay Estates. More that 50 of the homes included in this area have private, direct lake access and frontage.
#5) Fulton Ranch
Cross streets: Arizona Avenue and Ocotillo Road
Median household income: $160,556
Average age of residents: 34.3 years
Description: This block group covers more than a square mile bounded by Arizona Avenue and Ocotillo, Alma School and Chandler Heights roads. The Fulton Ranch neighborhood features crystal-blue community lakes surrounding a newly developed exclusive gated subdivision called The Island.
#6) Graystone / College Lane
Cross streets: Rural and Warner roads
Median household income: $159,306
Average age of residents: 45.1 years
Description: Covering half a square mile west of Rural Road, extending to Mill Avenue between Elliot and Warner roads this area covers beautiful tree-lined subdivisions such as: College Lane, Graystone, Coventry, Carver Ranch Estates, Raintree, Tally Ho and Homestead. Luxury Home values in College Lane and range from $500,000 to $800,000, while some of the large ranch lots in the area approach or top $1 million.
#7) Warner Estates / Sunburst Farms
Cross streets: McClintock Drive and Warner Road
Median household income: $158,958
Average age of residents: 47.4 years
Description: The area covered by this block group features many acres of horse properties on residential lots. It covers communities east of Rural Road to McClintock Drive between Elliot and Warner roads, including Buena Vista Ranchos, Sunburst Farms, Warner Estates and Calle de Caballos.
#8) Trovita / Tuscany
Cross streets: Ray and Kyrene roads
Median household income: $154,886
Average age of residents: 43.4 years
Description: Three communities north of Ray Road between Kyrene Road and the railroad tracks: Trovita, Tuscany and Ray Ranch Estates are covered by this block group. Luxury homes for sale in Tuscany and Ray Ranch range between $2.5 and six-hundred-thousand, and the luxury homes of Trovita value over $1 million, the Chateau de Vie Mansion that’s included in this area takes the cake.
#9) Arboleda / Legacy
Cross streets: Brown Road and Val Vista Drive
Median household income: $150,147
Average age of residents: 37.2
Description: While the most expensive luxury home property in the Legacy subdivision is valued at almost $1.8 million, the others are not so steep. Current luxury homes for sale in Legacy average at about $7.5 hundred-thousand. This block group covers one square mile bounded by Val Vista Drive and Brown, McKellips and Lindsay roads. Two larger neighborhoods, Arboleda and Mesa Northgrove are also covered, as well as several smaller luxury custom-home communities: Chatham Groves, Legacy, Mountain View and Jasmine Ranchettes.
#10) Ocotillo East
Cross streets: Alma School and Queen Creek roads
Median household income: $149,464
Average age of residents: 37.4 years
Description: With an abundance of private lake access, luxury homes in this block group lie within the Ocotillo and Fox Crossing neighborhoods, which are west of Alma School Road and north of Ocotillo Road.
If you would like to set up a tour with one of our Luxury Home Realty Specialists, contact Lux Property Group, or leave a comment below. We would love to arrange a viewing for you to see for yourself the luxury homes for sale in these stunning neighborhoods.