Population & Growth
Arizona has a population over 6.6 million and growing steadily. With a five-year growth rate of over 5%, this makes Arizona a great place to invest. Arizona was once the leader in growth rate at 20%, however with rising home prices this has dropped off.
Per capita income is $32k which is slightly lower than the national average. A median household income of $61k. 24% of people who live in Arizona are between 35 and 54. There is a 64% home ownership rate while 36% of people rent and a 13% vacancy rate.