State Ledger
State profile

Arizona FIPS 04

Population
7,079,203
Median household income
$65,913
Nonfarm employment
3,250,100
Business establishments
162,845

State Highlights

Largest employer sector
Health care and social assistance
434,866 employees
Business concentration
15.0%
of private employment in Health care and social assistance
Home prices, 1 year
+0.9%
FHFA
Federal outlays per capita
$11,017.68
USASpending.gov

Economy & Labor

Total nonfarm employment

BLS Current Employment Statistics, not seasonally adjusted · persons · 20 months available · latest observation: August 2026
Employment ratio
46.3%
employed ÷ population
Unemployed population (ACS)
191,115
Vs. July
▲ 34,300
Business density
23.2 per 1,000
establishments per capita

Leading Industries

Leading industries by employment

Ranked by private-sector employment, same measure as the Business & Industry tab · see the full breakdown there
1 Health care and social assistance 434,866 employees
2 Retail trade 358,161 employees
3 Accommodation and food services 343,720 employees
4 Administrative and support and waste management and remediation services 286,080 employees
5 Construction 208,755 employees

Leading Public Companies

Top 5 by latest reported revenue

SEC EDGAR / XBRL Company Facts · see the full listing on the Public Companies tab
AVNET INC · AVT
$27.63B
Wholesale-Electronic Parts & Equipment, NEC
$25.92B
Metal Mining
CARVANA CO. · CVNA
$20.32B
Retail-Auto Dealers & Gasoline Stations
$19.03B
Refuse Systems
$14.29B
Wholesale-Metals Service Centers & of fices

Population & People

Homeownership rate
65.8%
1.77M of 2.68M occupied homes are owner-occupied

Population by age

U.S. Census Bureau, ACS 5-year estimate (table B01001) · reconciles to total population
0–17
1.61M · 22.8%
18–24
672.8K · 9.5%
25–34
966.7K · 13.7%
35–44
882.9K · 12.5%
45–54
839.0K · 11.9%
55–64
859.6K · 12.1%
65–74
731.4K · 10.3%
75+
512.5K · 7.2%

Housing & Real Estate

Median home value
$265,600
Median gross rent
$1,172 / month
Vacancy rate
12.2%
Total housing units
3.06M
Owner-occupied homes
1.77M
Renter-occupied homes
917.9K
Home prices, 1 year
+0.9%
Home prices, 5 years
+36.3%
Latest FHFA period
2026 Q2

ACS: 2021 ACS 5-year · FHFA: 2026 Q2

ACS housing estimates from the U.S. Census Bureau — median home value reflects owner-reported value, not a current sale price. House-price changes are from the FHFA All-Transactions House Price Index, a measure of price appreciation over time, not a home-value estimate.

Federal Spending

Total federal outlays
$77.30B
Outlays per capita
$11,017.68
Total prime award value
$113.07B

Source: USASpending.gov · specific reporting period not published in this dataset