Arizona
Maps & Population Facts
Housing Estimates
Arizona is one of the warmest states in the United States and 6th largest state by land area. The state ranks second to last in water area as a percentage of total area with only 0.3% of the state being comprised of water.
Arizona is home to Phoenix, which is one of the largest cities in the US with a population over 1.5 million. Tucson is the second most populated city in Arizona and is known for its unique landscape. Arizona has experienced a large increase in its population with over 700,000 additional residents since 2010. Arizona also has one of the lowest corporate tax rates in the United States.
Income
Households in the state of Arizona earn less money than the national median income, averaging 6% less per household.
Housing
Arizona has a median house price of $223,400. The cost of homeownership is comparable with other states. The cost of renting in Arizona is 1% more than the national average.
| Percent | Ranking | |
|---|---|---|
| Renter Occupied Households | 35% | 14th |
| New Construction (Built after 2000) | 31% | 2nd |
Demographics
The median age in the state is 38. The age of the general population in Arizona is comparable with other US states.
Arizona ranks average for having an educated population. The percent of residents who have a college degree is comparable with other states.
Housing Data
| Arizona | USA | |
| Median Property Value | 223,400 | 217,600 |
| Median Mortgage Payment | 1,365 | 1,513 |
| Median Gross Rent | 1,020 | 1,012 |
| Property Vacancy | 14.9% | 12.6% |
| % Renters | 35% | 36% |
| Residents per Sq. Mi. | 63 | 93 |
| Arizona | USA | |
| Median Household Income | 56,581 | 60,336 |
| Median Individual Income | 31,651 | 33,646 |
| Median Income (Full-Time) | 42,357 | 46,881 |
| Median Age | 37.7 | 38.1 |
| Labor Participation | 61.6% | 62.8% |
| Attained College Degree | 29.3% | 32.0% |
Population Density Analysis
Demographics
Most Populated Cities
| 1. | Phoenix | 3,229,931 |
| 2. | Tucson | 875,907 |
| 3. | Chandler | 430,787 |
| 4. | Deer Valley | 275,170 |
| 5. | North Pinal | 168,731 |
Highest Household Income
| 1. | Tonto National Forest | 101,903 |
| 2. | Deer Valley | 89,392 |
| 3. | Chandler | 83,379 |
| 4. | Gila Bend | 68,956 |
| 5. | Maricopa-Stanfield | 62,910 |
Highest Home Value
| 1. | Tonto National Forest | 631,800 |
| 2. | Patagonia | 317,000 |
| 3. | Deer Valley | 316,200 |
| 4. | Flagstaff | 304,900 |
| 5. | Chandler | 289,300 |
Highest Gross Rent
| 1. | Tonto National Forest | 2,569 |
| 2. | Deer Valley | 1,361 |
| 3. | Chandler | 1,283 |
| 4. | Maricopa-Stanfield | 1,264 |
| 5. | Gila Bend | 1,230 |