States · Arizona

Arizona Economy — Live Data

Arizona sits in the Southwest, with an economy built around semiconductors, aerospace, and real estate. The state's unemployment rate is 4.8% — above the national rate of 4.2%. Every number on this page pulls live from federal statistical sources.

Unemployment Rate
4.8%
▲ Above US average (4.2%)
Nonfarm Jobs
3.28M
▲ +0.6% jobs YoY
House Prices (YoY)
+2.3%
▲ Rising
Per-Capita Income
$68K
▲ +3.4% vs prior year
Arizona vs. United States — Unemployment
Arizona
4.8%
United States
4.2%

Arizona is running above the national unemployment rate. At 4.8% vs 4.2% nationally, local job seekers face a somewhat tougher market than the US average.

Jobs & Output
Nonfarm payrolls
3.28M
Job growth (YoY)
+0.6%
Real GDP (2025)
$456B
GDP growth (YoY)
+2.0%

Payrolls are monthly (BLS); GDP and income are annual (BEA). Key sectors in Arizona: semiconductors, aerospace, and real estate.

What this means if you live or work in Arizona
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Job market
With unemployment at or above the national average, hiring in Arizona is more employer-friendly — job seekers should expect more competition per opening.
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Housing
House prices are rising moderately (+2.3% YoY) — a balanced market by recent standards.
💵
Income
Per-capita personal income in Arizona is $68,283, up 3.4% from the prior year. Compare against national inflation to gauge real purchasing power.
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Key industries
Arizona's economy leans on semiconductors, aerospace, and real estate — sector-specific national trends (energy prices, rates, consumer spending) hit this state through those channels first.
Key Numbers — Arizona
Unemployment4.8%
US unemployment4.2%
Nonfarm jobs3.28M
House prices YoY+2.3%
Per-capita income$68,283
Real GDP$456B
Labor data as ofMay 2026
Nearby States
Nevada economy → New Mexico economy → California economy → Utah economy → All 50 states →
National Data
US labor market → US housing data → US inflation → Full dashboard →

Data: FRED (Federal Reserve Bank of St. Louis) — series AZUR, AZNA, AZSTHPI, AZPCPI, AZRGSP — plus BLS and BEA. Live values load on page open; figures shown are the most recent official releases. Not financial advice.