Arizona

Scott D. Watkins and Patrick Anderson
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Scott D. Watkins: Anderson Economic Group, LLC

A chapter in The State Economic Handbook 2008 Edition, 2007, pp 15-19 from Palgrave Macmillan

Abstract: Abstract Demographics and Socioeconomics. Arizona is located in the Mountain region of the United States. Arizona has a population of 5.8 million people, making it the sixteenth most populous state in 2005. The state’s population increased by 699,207 people from 2000 to 2005, and is projected to increase to 9.5 million by 2025. This 2.5 percent projected annual growth rate is one of the highest in the nation and compares to the projected national average of 1.0 percent. Per capita personal income in Arizona was $30,157 in 2005, ranking the thirteenth lowest in the country and $4,338 below the national average. From 2000 to 2005 per capita income in Arizona grew at an average annual rate of 3.3 percent, compared to 2.9 percent nationally.

Keywords: National Average; Capita Income; Annual Growth Rate; Average Annual Rate; Agency Agency (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1057/9780230607248_4

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