Arizona Economy

Arizona Economy

The State of Arizona which is among the four corner states of the United States of America enjoys a steady income from various sources like agriculture, mining, manufacturing and tourist services, which are among the main economic activities in this vast and beautiful state.

The tourist and service industry contribute significantly into the economy and the majority of the tourists are attracted to the Capital City of Phoenix, which is also the metro city of the state and has the natural beauty of the state like The Grand Canyon, one of the seven natural wonders of the earth. The Manufacturing revenues are collected through the manufacture of hi tech equipments and machineries like the computer, the aerospace vehicle, metal fabrication products and the other electronic devices. The farming, cattle rising and mining which were the main source of economy from the territorial period still contributes generously to the economy of the state and many people of Arizona are still engaged in farming and agriculture.

Arizona Agriculture

The Agricultural output of Arizona is distributed almost equally among crops and livestock; with more than 53% of the output coming from crops and slightly less from dairy products and livestock.

Arizona Crops

The principal crops grown in the state are cotton, lettuce, cauliflowers, broccoli, and sorghum, and lettuce which is the major crop accounts for more than twenty percent of the total crops grown in the state. Arizona is also among the top producers of cotton in the United States and is ranked tenth of all states. Cantaloupes, barley, potatoes, and wheat are among other crops are also cultivated at different patches of land and these together accounts for around 10 % of the states crop revenue.

Arizona Livestocks

Beef cattle and calves are the leading source of farm or livestock income in the state of Arizona. It is followed by the income from milk and dairy products from different cattle. It is not just beef that forms the entire livestock. Hogs, sheep and lambs are also grown for the purposes  like milk, meat and fur.

Arizona Mining

The land of Arizona is abundant in a number of minerals like copper, molybdenum, gold, silver, coal, sand, gravel, and crushed stones. The state of Arizona has a very rich deposit of copper ore; hence Arizona also has the nickname 'the Copper State'. Gold, molybdenum and silver are usually obtained as a byproduct during copper mining, but they are indeed obtained in large and remarkable quantity. The copper produced in Arizona accounts for the sixty percent of the copper used in the United States and Arizona is the major copper producer of the whole country. Arizona is also the second largest producer of molybdenum in the whole of United States.

Arizona Manufacturing

The hi-tech manufacturing industries are also growing every year and are a main source of internals and export income for the state. Electronic equipments and machines, computers, and computer microchip and communication system are among the important manufactured products or goods in Arizona. This accounts for a large share of manufactured product income for the country. Space vehicles, helicopters, turbine engines, guided missiles which are among important transportation equipments are also produced here. Among the other goods manufactured and produced in Arizona are food products, machineries, fabricated metal products and other metal products.

Arizona Tourism

The mesmerizing natural beauty of Arizona attracts millions of tourists each year. The hotels, resorts and restaurants receive a large number of customers and relatively very high income during the tourist season which mainly falls in the winter season. The warm and dry climate in the Arizona, and the adventurous canyons and mountains are the main reason for people to come back to this place every year. The place attracts, honeymoon couples, adventure lovers, sightseers and every other tourist as it has a lot to offer to everyone. The main tourist attractions in Arizona are the natural wonders like Grand Canyon, the beautiful Painted Desert, the enchanting Petrified Forest, and world's best preserved meteorite impact site, meteor craters. the ancient Native American ruins, and the Navajo and Hopi reservations, Spanish Colonial ruins and the golf courses and other leisure facilities are also some of the best tourist loved spots. The lively city of Phoenix, which is also the largest metropolitan city of Arizona, also attracts a lot of tourist and provides an opportunity for wonderful shopping and dining experience.

Other Services Contributing to the Economy

The people of the State of Arizona also are involved in sectors like the real estate, insurance and the finance business; real estate being the most important one. Wholesale and retail business of farmed product, motor vehicles, spare parts and mined product also forms a percentage of the total economy.  Around ten percent of the people work under the state government service like the public hospitals, military camps, schools etc. the government service are also among the largest provider of employment for the people in Arizona. The airlines and railroad transportation, electrical power and the communication network also contribute in majority towards the gross state product.

Arizona Taxation
Single Tax Rate Joint Tax Rate
0 – $10,000 2.870% 0 – $20,000 2.870%
$10,000 – $25,000 3.200% $20,001 – $50,000 3.200%
$25,000 – $50,000 3.740% $50,001 – $100,000 3.740%
$50,000 – $150,001 4.720% $100,000 – $300,001 4.720%
$150,001 + 5.040% $300,001 + 5.040%
Arizona Economy Statistics



Employment Status
Population 16 years and over 379,464 100.0
In labor force 234,232 61.7
Civilian labor force 229,645 60.5
Employed 216,006 56.9
Unemployed 13,639 3.6
Percent of civilian labor force 5.9 (X)
Armed Forces 4,587 1.2
Not in labor force 145,232 38.3
Females 16 years and over 197,094 100.0
In labor force 109,766 55.7
Civilian labor force 108,993 55.3
Employed 102,840 52.2
Own children under 6 years 39,258 100.0
All parents in family in labor force 22,211 56.6
Commuting to Work
Workers 16 years and over 216,314 100.0
Car, truck, or van -- drove alone 153,493 71.0
Car, truck, or van -- carpooled 33,899 15.7
Public transportation (including taxicab) 7,530 3.5
Walked 7,438 3.4
Other means 7,714 3.6
Worked at home 6,240 2.9
Mean travel time to work (minutes) 21.6 (X)
Employed civilian population 16 years and over 216,006 100.0
Management, professional, and related occupations 69,197 32.0
Service occupations 41,150 19.1
Sales and office occupations 60,909 28.2
Farming, fishing, and forestry occupations 392 0.2
Construction, extraction, and maintenance occupations 23,528 10.9
Production, transportation, and material moving occupations 20,830 9.6
Agriculture, forestry, fishing and hunting, and mining 1,251 0.6
Construction 17,337 8.0
Manufacturing 18,592 8.6
Wholesale trade 4,996 2.3
Retail trade 26,937 12.5
Transportation and warehousing, and utilities 8,642 4.0
Information 6,350 2.9
Finance, insurance, real estate, and rental and leasing 11,338 5.2
Professional, scientific, management, administrative, and waste management services 23,306 10.8
Educational, health and social services 50,116 23.2
Arts, entertainment, recreation, accommodation and food services 24,540 11.4
Other services (except public administration) 10,903 5.0
Public administration 11,698 5.4
Class of Worker
Private wage and salary workers 162,147 75.1
Government workers 40,790 18.9
Self-employed workers in own not incorporated business 12,598 5.8
Unpaid family workers 471 0.2
Income in 1999
Households 192,884 100.0
Less than $10,000 25,225 13.1
$10,000 to $14,999 16,717 8.7
$15,000 to $24,999 34,714 18.0
$25,000 to $34,999 31,708 16.4
$35,000 to $49,999 33,463 17.3
$50,000 to $74,999 29,487 15.3
$75,000 to $99,999 11,946 6.2
$100,000 to $149,999 6,531 3.4
$150,000 to $199,999 1,713 0.9
$200,000 or more 1,380 0.7
Median household income (dollars) 30,981 (X)
With earnings 153,621 79.6
Mean earnings (dollars) 38,709 (X)
With Social Security income 47,249 24.5
Mean Social Security income (dollars) 10,804 (X)
With Supplemental Security Income 8,319 4.3
Mean Supplemental Security Income (dollars) 6,162 (X)
With public assistance income 7,300 3.8
Mean public assistance income (dollars) 2,308 (X)
With retirement income 31,569 16.4
Mean retirement income (dollars) 16,348 (X)
Families 113,706 100.0
Less than $10,000 9,291 8.2
$10,000 to $14,999 7,044 6.2
$15,000 to $24,999 17,485 15.4
$25,000 to $34,999 18,641 16.4
$35,000 to $49,999 22,454 19.7
$50,000 to $74,999 21,854 19.2
$75,000 to $99,999 9,343 8.2
$100,000 to $149,999 5,252 4.6
$150,000 to $199,999 1,321 1.2
$200,000 or more 1,021 0.9
Median family income (dollars) 37,344 (X)
Per capita income (dollars) 16,322 (X)

Median earnings (dollars):

Male full-time, year-round workers 28,548 (X)
Female full-time, year-round workers 23,086 (X)
Poverty Status in 1999 (below poverty level)
Families 15,525 (X)
Percent below poverty level (X) 13.7
With related children under 18 years 12,635 (X)
Percent below poverty level (X) 20.1
With related children under 5 years 6,762 (X)
Percent below poverty level (X) 24.0
Families with female householder, no husband present 7,857 (X)
Percent below poverty level (X) 30.4
With related children under 18 years 6,976 (X)
Percent below poverty level (X) 37.8
With related children under 5 years 3,374 (X)
Percent below poverty level (X) 47.8
Individuals 86,532 (X)
Percent below poverty level (X) 18.4
18 years and over 58,214 (X)
Percent below poverty level (X) 16.5
65 years and over 6,293 (X)
Percent below poverty level (X) 11.0
Related children under 18 years 27,279 (X)
Percent below poverty level (X) 23.6
Related children 5 to 17 years 18,351 (X)
Percent below poverty level (X) 22.5
Unrelated individuals 15 years and over 32,309 (X)
Percent below poverty level (X) 28.1