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SCOTTSDALE Arizona real estate

Scottsdale was founded in 1888 by Army chaplain Winfield Scott. What started out as a farm community has emerged as one of Arizona's premier destinations. It is now the fifth largest city in Arizona located in the lush beauty of the Sonoran Desert.

Scottsdale is filled with some of the Valley's finest shops, restaurants, golf courses and art galleries. In fact, downtown Scottsdale is one of the country's largest art districts with more than 100 galleries.

In addition to great art, Scottsdale is home to such luxury resorts as the Scottsdale Princess Resort and the Four Seasons Resort and Spa. Golf courses are even world-class, with such courses as Tournament Players Club of Scottsdale and Troon North. Scottsdale comes equipped with all the amenities of the new west and all the charm of the old west, just proving why this south western city is thriving today.

  • Population: Scottsdale: 215,030 (July 2002); Greater Phoenix: 3,296,250

  • Population Growth: Annual average growth rate of 6.1%

  • Climate: Average median temperature is 70.3 degrees; average annual precipitation is 7.05 inches; average percentage of sunny days is 86%

  • Land Mass: 184.5 square miles, stretching 31 miles from north to south

  • Median Household Income: $61,700 (2000), 27% higher than Phoenix metropolitan average

  • Employment: Over the next 10 years, the employment base is projected to grow by 21%, (approximately 27,600 employees). In 2000, there were 1.2 jobs per Scottsdale resident, a trend that has continued over the past 15 years.

  • Job Growth: Between 1990 and 2000, Scottsdale experienced a 30% increase in job growth.

  • Unemployment Rate: 3.8% (2002)

  • Assessed Valuation: The secondary assessed valuation of property in Scottsdale has risen over the past 10 years from $1.4 billion to nearly $3.3 billion, a 138% increase

  • Property Tax: $9.88 per $100 of assessed valuation (December 2000). On average, this is 40% lower than other Phoenix metropolitan communities

  • Average Household Size: 2.22 people

  • Average Cost of Housing: Home prices range from $60,000 to $6million+, with $228,000 as the median home cost.

  • Density: Average number of persons per square mile is 1,096

  • Residents' Education Levels: 77% attended college; 4


 

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