AZ
Arizona
FIPS 04 · Population 7,378,838
6 Sources
Updated June 22, 2026
7.4M ▲
Population
334,922,499 U.S.
$79,964 ▲
Median Income
$80,734 national
$570.1B
GDP
3.7%
Unemployment
4% national
County Map
Click a county to view its economic profile
Demographics & Population
Census Bureau American Community Survey 2024 · 5-Year Estimates
Household Income
Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
Median Household
$79,964
Per Capita
$42,503
Mean Household
$108,273
Poverty Rate
12.5% ▼
Age & Race / Ethnicity
Source: Census Bureau ACS 2024 · Tables B01001, B02001, B03003
Cohorts
Under 18 · 21.6%
18-34 · 23.2%
35-54 · 24.3%
55-64 · 12%
65+ · 18.9%
Race & Ethnicity
Hispanic or Latino is an ethnic category and overlaps with the race categories above.
Educational Attainment
Source: Census Bureau ACS 2024 · Table B15003 · Population 25+
89.4%
High School+
National: 89.6%
▼ 0.2 pts
33.3%
Bachelor's+
National: 35.7%
▼ 2.4 pts
13%
Graduate+
National: 14.1%
▼ 1.1 pts
Employment Overview
Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
7,378,838
Population
3,623,437
Labor Force
Employed
3,415,601
Unemployment Rate BLS LAUS 2024 annual
3.7%
Mean Commute 1 min below national avg
25.4 min
Work From Home vs 15.1% national
18.4%
Arizona's median household income sits 1% below the national median. At 12.5%, its poverty rate runs 0.0 pts below the ~12.5% national level, relevant for federal funding eligibility narratives. Bachelor's-or-higher attainment of 33.3% trails the national average of 35.7%.
Source: U.S. Census Bureau American Community Survey 2024 5-Year Estimates (released December 2025). Figures reflect the most recent Census release, older news reports may cite prior vintages.
Key Takeaways
- Broadly in line with U.S. norms across income, poverty, education, and age.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
Key Takeaways
- Largest sector: Health Care and Social Assistance employs 476,117 workers (19.8% of the tracked sectors), at an average wage of $68,883.
- Economic scale: State GDP of $570.1B (2024).
Source: BLS QCEW + BEA Regional GDP.
Industry Concentration
Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.
Attraction Opportunities - Below-Average Industries
LQ < 0.5, below-average employment, potential attraction targets. Source: BLS QCEW · 3-digit NAICS sub-sector
0.03x
Oil and Gas Extraction
61 employed
0.13x
Textile Mills
219 employed
0.13x
Petroleum and Coal Products Manufacturing
297 employed
0.14x
Support Activities for Mining
786 employed
0.19x
Monetary Authorities - Central Bank
83 employed
0.33x
Apparel Manufacturing
543 employed
0.33x
Leather and Allied Product Manufacturing
161 employed
0.38x
Paper Manufacturing
2,752 employed
Key Takeaways
- Top specialization: Mining (except Oil and Gas) concentrates at 3.77x the national norm, strong concentration that anchors the local economy.
- Cluster depth: 3 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
- Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.
Source: BLS QCEW sub-sector Location Quotients.
Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
Source: Census Bureau ACS 2024 5-Year Estimates · Tables B25001, B25077, B25064
$394,500 ▲
Median Home Value vs 2019
$1,543 ▲
Rent/Mo
67.4% ▲
Owner-Occ
10.5% ▼
Vacancy
4.9x
Home Value to Income Ratio
vs. ~4.1x national average
HUD Fair Market Rents (Statewide)
Renter-household-weighted average across 15 Fair Market Rent areas · Source: HUD · Fair Market Rents FY2026
Studio
$1,320/mo$778 to $1,597
1 Bedroom
$1,439/mo$860 to $1,727
2 Bedroom
$1,709/mo$1,129 to $1,921
3 Bedroom
$2,293/mo$1,388 to $2,452
4 Bedroom
$2,564/mo$1,615 to $2,720
30% of monthly median household income (~$1,999/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
- In line with national: Home value to income ratio of 4.9x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
- Elevated vacancy: 10.5% vacancy rate; potential redevelopment opportunity.
Source: Census ACS housing tables.
Workforce Pipeline
Labor force readiness, commuting, and workforce composition
Labor Market Overview
Source: Census ACS 2024 · Tables B01001, B23025, B08303, B08301
4,386,911 ▲
Working Age (18-64) vs 2019
▲ vs 2019
Mean Commute
25.4 min
Work From Home
18.4%
Education & Talent Pipeline
Source: Census ACS 2024 · Table B15003 · College Scorecard
Bachelor's+
33.3%
HS Diploma+
89.4%
Top Institutions
Degrees, certificates, and other credentials awarded last academic year (College Scorecard).
29,319/yr
26,013/yr
20,988/yr
14,649/yr
11,858/yr
9,522/yr
Aging Workforce
Source: Census Bureau ACS · Derived from age & employment tables
20.1%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.
Workforce by Occupation
Source: Census ACS 2024 · Table C24010 · Civilian employed population 16+
Management / Professional
41.4%
Service
16.9%
Sales & Office
21.9%
Construction / Maint.
8.9%
Production / Transport
11%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 3,415,601 employed workers.
Key Takeaways
Source: ACS workforce data.
County Profiles
15 counties in Arizona
Apache County
FIPS 04001
Cochise County
FIPS 04003
Coconino County
FIPS 04005
Gila County
FIPS 04007
Graham County
FIPS 04009
Greenlee County
FIPS 04011
La Paz County
FIPS 04012
Maricopa County
FIPS 04013
Mohave County
FIPS 04015
Navajo County
FIPS 04017
Pima County
FIPS 04019
Pinal County
FIPS 04021
Santa Cruz County
FIPS 04023
Yavapai County
FIPS 04025
Yuma County
FIPS 04027
AI Insights
AI-assisted analysis, drawn from 6 federal data sources
Sample AI Insight
Arizona shows meaningful potential for mining (except oil and gas) attraction, with a 3.77x concentration and 14,700 jobs in this sub-sector.
Cluster depth across mining (except oil and gas), credit intermediation and related activities, and computer and electronic product manufacturing creates supply-chain attraction leverage, a structural advantage for industrial recruitment.
Industry Shift Analysis
Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100
Prospect Match Scores
Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example
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Data Sources
Updated from official federal government data.
Census ACS 5-Year2024
BLS QCEW2025
BEA Regional GDP2024
Census CBP2024
HUD Fair Market RentsFY2026
USAspending.govFY2026
Frequently Asked Questions
Key economic and demographic figures for Arizona, from federal data sources.
What is the population of Arizona?
7,378,838 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Arizona?
$79,964 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Arizona?
3.7% (2024 annual average, U.S. Bureau of Labor Statistics, LAUS).
What is the GDP of Arizona?
$570.1B (BEA SAGDP (state GDP)).
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