Between the 1990 and 2000 censuses it was the eighth-fastest-growing place among cities and towns in Arizona. The median value of an owner-occupied housing during the period 2016-2020 was estimated at $402,100.
Fountain Hills has the world's fourth-tallest fountain, and the second tallest in the United States. It was built in 1970 in Zürich, Switzerland, by Robert P. McCulloch, the year before the reconstruction of the London Bridge in Lake Havasu City, another of McCulloch's projects. The fountain sprays water for about 15 minutes every hour on the hour between 9am and 9pm.
The plume rises from a concrete water-lily sculpture in the center of a large man-made lake. The fountain, driven by three 600 horsepower (450 kW) turbine pumps, sprays water at a rate of 7,000 US gallons (26,000 l; 5,800 imp gal) per minute through an 18-inch (460 mm) nozzle.
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