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According to recent research, Paradise Valley is one of the wealthiest zip code in the country. 2005 Census Bureau estimates, the city's population is only 14,558 with more than 5000 households. Although the city relatively small size and population, compared with other cities in the Phoenix metropolitan area, Paradise Valley is home to twelve resorts (including: Sanctuary on Camelback Mountain, Montelucia, Camelback Inn, Hermosa Inn and the soon to be the Ritz Carlton in 2011), making it one of Arizona's premier tourism and travel destination.
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