| Arizona Market Information | |||||||||
| Quick Facts | |||||||||
| Population - 2007 | 3,907,492 | ||||||||
| Median Age - 2006 | 33.7 | ||||||||
| Labor Force - 2007 | 2,064,300 | ► Investing Trends | |||||||
| Employment - 2007 | 1,996,700 | ||||||||
| Unemployment % - 2007 | 3.30% | ||||||||
| Median Income - 2006 | $51,862 | ||||||||
| Single Family Permits - 2007 | 36,963 | ||||||||
| Gross Metro Product (billion $) | $160.00 | ||||||||
| US Inflation Rate (CPI) - 2005 | 3.40% | ||||||||
| Source: MAG, US Census Bureau, BLS, DES and the U.S. Conference of Mayors | |||||||||
| Projected Population 2006-2014 | |||||||||
| (Thousands) | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
| Greater Phoenix | 3,764 | 3,879 | 3,993 | 4,106 | 4,217 | 4,328 | 4,438 | 4,548 | 4,656 |
| 1 yr % chg | 3.00% | 2.90% | 2.80% | 2.70% | 2.60% | 2.50% | 2.50% | 2.40% | |
| Arizona | 6,239 | 6,432 | 6,623 | 6,812 | 7,000 | 7,186 | 7,371 | 7,554 | 7,736 |
| 1 yr % chg | 3.10% | 3.00% | 2.90% | 2.80% | 2.70% | 2.60% | 2.50% | 2.40% | |
| United States (millions) | 298.2 | 300.9 | 303.6 | 306.3 | 308.9 | 311.6 | 314.3 | 317 | 319.7 |
| 1 yr % chg | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% | |
| Sources: U.S. Bureau of the Census, March 2004; Arizona Department of Economic Security, April 2006 | |||||||||
| Additional Projections for Arizona | |||||||||
| July 1, 2015 | July 1, 2025 | ||||||||
| 5,808,000 | 6,412,000 | ||||||||
| Source: www.census.gov | |||||||||
| Major Employers - Greater Phoenix | AZ Employment | ||||||||
| State of Arizona | 49,958 | ||||||||
| Wal-Mart Stores Inc. | 28,246 | ||||||||
| Banner Health Systems | 19,250 | ||||||||
| City of Phoenix | 13,844 | ||||||||
| Maricopa County | 13,002 | ||||||||
| Wells Fargo Company | 11,533 | ||||||||
| Arizona State University | 11,202 | ||||||||
| U.S. Postal Service | 11,000 | ||||||||
| Honeywell Aerospace | 10,700 | ||||||||
| Intel Corp. | 10,100 | ||||||||
| US Airways | 9,940 | ||||||||