Arizona Business Resources |
| Perhaps best known for its magnificent Grand Canyon, Arizona has a dry, desert climate with mild winters and hot summers. Post World War II, growth in the state was aided by the development of air conditioning, which made Arizona’s torrid summers more bearable. Manufacturing has become Arizona's most important industry, with the industry’s principal products including electrical, semi conductor, communication, and aeronautical items. Arizona’s original export activities – agriculture and mining – still serve as significant contributors to the state economy. Leading agricultural products include cattle, calves, dairy products, and cotton. In addition, over half of the nation’s copper is produced in Arizona. The mostly dry climate has forced Arizona to depend on complex irrigation systems for its water supply and has frequently landed it in legal battles over water rights. |
|
Business Data |
| Per Capita Real GDP | $33,441 Rank: 36/50 (2006) |
| Population | 5,130,630 Rank: 20/50 (2000) |
| Per Capita Personal Income | $31,458 Rank: 39/50 (2006) |
| Unemployment Rate | 4.30% Rank: 21/50 (2008) |
| Business Tax Climate Index | Rank: 25/50 (2008) |
| Corporate Tax Rate | 6.96% |
| Individual Tax Rate | 2.59% - 4.54% |
| Sales Tax Rate | 5.6% |
Business Tax Climate Index |
| Individual Income Tax Index Rank | 26 |
| Sales Tax Index Rank | 45 |
| Unemployment Insurance Tax Index Rank | 3 |
| Property Tax Index Rank | 10 |
| Business Tax Climate Index | 25 |
| Corporate Tax Index Rank | 24 |
State Information |
| Abbreviation | AZ |
| Capital | Phoenix |
| Nick Name | Grand Canyon State |
| State Web Site | http://www.arizona.gov |
| Motto | God Enriches |
Top 5 Export Partner Countries | Mexico
Canada
Singapore
China
Malaysia |
Top 5 Export Merchandise | Transportation Equipment Sales
Computers and Electronic Products Sales
Transportation Equipment Manufacturing
Computers and Electronic Products Manufacturing
Machinery Manufacturing |
Major Cities | Mesa, Phoenix, Tucson |
GDP |
| Total Gross Domestic Product (USD Millions) | $247,028.00 (2007) |
| Per Capita Real GDP (USD) | $33,655.00 Rank: 35 (2007) |
Population Stats |
| Population |
6,500,180 Rank: 14 (2008) |
Age Distribution |
| Under 18 Population | 1,366,950 |
| Under 18 Percent of Total Population | 27% |
| 65 and older Population | 667,839 |
| 65 and older Percent of Total Population | 13% |
Gender Distribution |
| Male Population | 49.9% |
| Female Population | 50.1% |
| Non-English Speaker (at home) | 945,176 |
| Net International Immigration | 168,078 |
| Birth Rate | 16.3% |
| Percent of People Under Poverty Level | 14.2% |
| Rank | 15 |
Expenditure |
| Per Capita State Spending | $28,637 |
| Rank | 38 |
| Energy Expenditures per Person | $3,073 |
| Expenditures of State and Local Government Employee-Retirement Systems | $2,016,230 |
Revenue |
| Personal Income | $35,955 |
| Rank | 39 |
| State Internal Revenue Collection | $35,485,237 |
| Rank | 23 |
| Cash and Deposits by State Government | $2,435,830 |
| Per Capita State Tax Collection | $1,962 |
| Rank | 41 |
Education |
| High School Graduation Rate | 67.8% |
| Rank | 34 |
| Percent of Population with a Bachelor's Degree | 16.1% |
| Rank | 32 |
| Percent of Population with an Advanced Degree | 9.2% |
| Rank | 24 |
Largest Universities | Arizona State University, Tempe
Northern Arizona University
University of Arizona |
| High School Graduation Rate | 67.8% |
Logistics |
| Public Road Length (Mile) | 60,376 |
| Gas Tax Rate (%) | 18% |
| Highway Planning and Construction (USD Thousands) | 607,839 |
| Number of Public Airports | 79 |
Main Airports | PHX, Phoenix
TUS, Tucson |
Ports | |
Weather
| Map
View Larger Map |
State Business Links |
| Arizona Republic |
| http://www.azcentral.com/arizonarepublic |
Secretary of State |
| Arizona Secretary Of State |
| http://www.azsos.gov |
| State government office charged with overseeing elections, voter registration, and campaign finance. |
Small Business Administration |
| Small Business Administration |
| http://www.sba.gov/localresources/district/az/index.html |
| The Arizona District Office plays a significant role in the economic development of Arizona with an estimated $21.4 billion dollar impact to the state’s economy, according to Arizona State University economists during Fiscal Year 2006 ending September 30, 2006. Phoenix, Arizona is ranked as the Number One place to start or grow a small business and Number 3 for rural business development according to a Cambridge, MA research firm. According to the latest Census, Phoenix is the sixth largest city in the country and Arizona, with its 114,000 square miles, is the sixth largest state. Gilbert, a suburb of Phoenix, was ranked as the fastest growing city in the nation in 2005. Arizona has one of the fastest growing economies in the nation with over 300,000 businesses and employing more than half the state’s workforce. 99 percent of all businesses in Arizona are considered small businesses. |
Top 10 Business Links |
| Arizona Business Gazette |
| http://www.azcentral.com/abgnews |
| A newspaper that covers business issues in Arizona. |
| Arizona Department of Commerce |
| http://www.azcommerce.com/Home |
| In addition to providing information on available business assistance through Small Business Services, the Office of Innovation and Technology, States Incentives, Programs, and Grants, Marketing and Business Attraction, and International Trade and Investment, this website also contains a section on Economic Information & Research, with various economic indicators, reports, and Arizona profiles. |
| Arizona Export Assistance |
| http://www.azexport.com/services.htm |
| The Arizona District Export Council and Arizona Export Assistance Centers offer commercial services including locating market research, pinpointing your export prospects, promoting your goods and services abroad, and harnessing technology to your advantage. They also have a section on import/export basics. |
| Arizona Secretary of State Business Services |
| http://www.azsos.gov/business_services/ |
| This page contains information useful to entrepreneurs, with topics including business registrations and filings details necessary for various business types, notaries, publications and pamphlets, office locations, and public records requests. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
