High Quality Content by WIKIPEDIA articles! Paradise Valley is a small, affluent town in Maricopa County, Arizona, United States. According to the 2005 Census Bureau, the population of the town was 14,558. Despite the town`s relatively small area and population compared to other municipalities in the Phoenix metropolitan area, Paradise Valley is home to twelve resorts, making it one of Arizona`s premiere tourist destinations. It has very expensive real estate, with a median home price at $1.74 million, with many exceeding $10 million and some over $40 million.