Maricopa County, Arizona: commercial real estate data.
Maricopa County, Arizona has a population of 4,559,748 across 9,200 square miles, up 5.6 percent since the 2020 census base. County output reached $419.25 bn in 2024, 109,863 establishments operate here, and the SBA record carries 5,609 7(a) approvals worth $3.46 bn.
129 sourced county values · tier FULL · 12 sections
Maricopa County
How many people live in Maricopa County
- Population4,559,748
- Households1,730,696
- Average household size2.63
- Median household income$89,300
- Median age37.6
- Median gross rent$1,708 per month
- Median owner-occupied home value$452,800
- Home value to household income5.1 times
- Annual rent as a share of median income23.0 percent
- Adults 25 and over with a bachelor degree or higher36.7 percent
- Adults 25 and over with a graduate degree14.0 percent
- Adults 25 and over3,113,890
- Population under 181,024,257
- Share under 1822.5 percent
- Population 65 and over742,814
- Share 65 and over16.3 percent
- Working age population, 18 to 642,792,677
- Civilian labor force2,373,071
- Unemployment rate4.5 percent
- Labor force participation, adults 18 and over67.1 percent
- Rank by population among Arizona counties1st of 15
- Rank by population among US county-equivalents4th
Maricopa County is the 1st largest of 15 Arizona counties by population. A median home costs 5.1 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents under 18 outnumber those 65 and over, at 22.5 percent against 16.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Maricopa County
Is Maricopa County growing
- Population change since the 2020 census base5.60 percent
- Census 2020 base population4,425,315
- Births, 202450,770
- Deaths, 202437,222
- Natural change, 202413,548
- Net domestic migration, 2024-1,866
- Net international migration, 202445,693
- Total net migration, 202443,827
- Cumulative net domestic migration, 2021 to 202476,381
- Rank by growth among US county-equivalents460th
The county has grown 5.60 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Maricopa County
Where people moving to Maricopa County come from
- Tax returns filed by households arriving96,229
- People arriving, from those returns162,790
- Adjusted gross income arriving$9.51 bn
- Net adjusted gross income movement$0
- Average income of an arriving household$98,820
- Largest single originMaricopa County Non-migrants (1,674,817 households)
- Largest single destination (1,674,817 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Maricopa County Non-migrants | 1,674,817 | 3,333,868 | $173.87 bn |
| Other flows - Different State | 8,315 | 13,824 | $678.6 m |
| Pinal County | 6,868 | 12,330 | $412.4 m |
| Los Angeles County | 4,188 | 7,181 | $419.8 m |
| Pima County | 3,370 | 5,212 | $201.6 m |
| Other flows - Midwest | 3,093 | 4,933 | $246.3 m |
| Other flows - South | 3,039 | 5,259 | $209.3 m |
| San Diego County | 2,519 | 4,285 | $227.8 m |
The largest single source of arrivals is Maricopa County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Maricopa County
What the Maricopa County economy runs on
- County GDP, 2024$419.25 bn
- County GDP, 2023$389.42 bn
- GDP change, 2023 to 20247.7 percent
- GDP change over five years48.1 percent
- Rank by GDP among Arizona counties1st
- Rank by GDP among US county-equivalents7th
- GDP per resident$91,946
Output grew 7.7 percent in the latest year and 48.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Maricopa County
Who employs people in Maricopa County
- Covered employment, annual average2,280,645
- Establishments reporting142,693
- Average annual pay$73,840
- Average weekly wage$1,420
- Sector 62, employment335,894
- Sector 62, average annual pay$69,242
- Sector 44-45, employment236,403
- Sector 44-45, average annual pay$49,682
- Sector 72, employment210,601
- Sector 72, average annual pay$32,478
- Sector 56, employment185,155
- Sector 56, average annual pay$56,121
- Sector 23, employment174,553
- Sector 52, employment141,344
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 335,894 | 15,402 | $69,242 |
| Sector 44-45 | 236,403 | 10,846 | $49,682 |
| Sector 72 | 210,601 | 8,808 | $32,478 |
| Sector 56 | 185,155 | 9,418 | $56,121 |
| Sector 23 | 174,553 | 11,365 | $84,124 |
| Sector 52 | 141,344 | 9,342 | $106,212 |
| Sector 31-33 | 141,236 | 3,769 | $100,546 |
| Sector 54 | 133,249 | 25,643 | $108,429 |
The largest sector is the biggest private employer group at 335,894 jobs, 14.7 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Maricopa County
What businesses operate in Maricopa County
- Establishments, all industries109,863
- Employment at those establishments2,016,986
- Annual payroll$131.74 bn
- Establishments per 1,000 residents24.1
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Maricopa County
What is being built in Maricopa County
- Housing units authorised by permit, 202436,380
- Declared construction value permitted$9.08 bn
- Single family units authorised21,667
- Multifamily units authorised14,713
- Multifamily share of units40.4 percent
- Average declared value per unit$249,465
- Units authorised per 1,000 households21.0
Multifamily is 40.4 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Maricopa County
How much SBA lending happens in Maricopa County
- 7(a) approvals recorded5,609
- 7(a) gross approval dollars$3.46 bn
- Average 7(a) approval$616,151
- Median 7(a) approval$302,600
- 10th percentile approval$35,000
- 90th percentile approval$1,602,600
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)69,179
- Jobs per approval12.3
- Distinct 7(a) lenders active211
- Distinct industries receiving approvals533
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer19.1 percent
- Loans on real estate terms1,069
- Loans on working capital terms, 120 months or shorter4,210
- Franchise loans813
- Franchise share of approvals14.5 percent
- Leading industry by approval countFull-Service Restaurants (176)
- Most active lenderU.S. Bank, National Association (389)
- 504 approvals recorded1,695
- 504 gross approval dollars$1.57 bn
- Average 504 approval$926,333
- Median 504 approval$598,000
- Distinct CDCs active18
- 504 jobs per approval13.9
- 504 jobs per million dollars approved15.0
- Most active CDCArizona Capital Source (639)
- 7(a) share of SBA approvals76.8 percent
- Combined SBA approval dollars$5.03 bn
The average approval of $616,151 sits well above the median of $302,600, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 19.1 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Maricopa County
Do SBA loans in Maricopa County get paid back
- Loans with a final outcome recorded1,141
- Paid in full1,050
- Charged off91
- Charge off rate on resolved loans8.0 percent
- Status: Paid in full1,050
- Status: Cancelled683
- Status: Exempt from disclosure3,483
- Status: Charged off91
- Status: Committed, not yet disbursed302
| NAICS | Industry | Resolved loans | Charged off | Charge off rate |
|---|---|---|---|---|
| 238990 | All Other Specialty Trade Contractors | 29 | 2 | 6.9% |
| 623312 | Assisted Living Facilities for the Elderly | 27 | 0 | 0.0% |
| 621210 | Offices of Dentists | 24 | 0 | 0.0% |
| 713940 | Fitness and Recreational Sports Centers | 24 | 3 | 12.5% |
| 722513 | Limited-Service Restaurants | 23 | 1 | 4.3% |
| 811111 | General Automotive Repair | 22 | 0 | 0.0% |
| 524210 | Insurance Agencies and Brokerages | 22 | 1 | 4.5% |
| 236118 | Residential Remodelers | 21 | 1 | 4.8% |
Of the 1,141 loans that have reached a final outcome, 8.0 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong. Among industries with at least ten resolved loans, Fitness and Recreational Sports Centers carries the highest charge off rate at 12.5 percent.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Maricopa County
Which parts of Maricopa County get the lending
- Places in the county with recorded lending57
- Phoenix, approvals1,690
- SCOTTSDALE, approvals748
- MESA, approvals673
- GILBERT, approvals437
- CHANDLER, approvals364
- Tempe, approvals346
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Phoenix | 1,690 | $1,142,966,400 |
| SCOTTSDALE | 748 | $508,508,600 |
| MESA | 673 | $412,727,600 |
| GILBERT | 437 | $249,688,500 |
| CHANDLER | 364 | $220,921,900 |
| Tempe | 346 | $228,502,900 |
| GLENDALE | 283 | $139,377,200 |
| Peoria | 262 | $138,656,200 |
Phoenix accounts for 1,690 approvals against 748 in SCOTTSDALE. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Maricopa County
How big is Maricopa County
- Land area9,200 sq mi
- Rank by land area among Arizona counties5th of 15
- Width, east to west132.2 mi
- Height, north to south106.6 mi
- Geographies sharing a boundary6
- Residents per square mile of land496
- Establishments per square mile11.94
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Maricopa County
What hazards affect Maricopa County
- EPA radon zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
- Communities in the NFIP Community Status Book25
- Of those, participating in the NFIP25
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 5
- Communities carrying a CRS class9
The EPA places the county in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The best Community Rating System class in the county is 5, which carries a flood insurance premium discount for properties in the participating community.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Maricopa County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Maricopa County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population4,559,748
- Households1,730,696
- Average household size2.63
- Median household income$89,300
- Median age37.6
Common questions
Maricopa County questions, answered from the record.
How many people live in Maricopa County, Arizona?
4,559,748, in 1,730,696 households, ranking 1st of 15 Arizona counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Maricopa County growing?
The population has grown 5.60 percent since the 2020 census base. In 2024 there were 50,770 births against 37,222 deaths, with net migration of 43,827. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Maricopa County?
$89,300. The median owner-occupied home is valued at $452,800, which is 5.1 times income, and median gross rent is $1,708 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Maricopa County?
109,863 establishments, employing 2,016,986 people with an annual payroll of $131.74 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Maricopa County?
Average annual pay is $73,840, or $1,420 a week, across 2,280,645 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Maricopa County?
5,609 7(a) approvals totalling $3.46 bn since FY2020, across 211 lenders, with a median approval of $302,600, plus 1,695 504 approvals worth $1.57 bn. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Maricopa County get paid back?
Of the 1,141 loans that have reached a final outcome, 1,050 were paid in full and 91 charged off, a charge off rate of 8.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Maricopa County?
36,380 housing units were authorised by permit in 2024, with a declared construction value of $9.08 bn. Multifamily was 40.4 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Maricopa County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Maricopa County come from?
The largest single origin is Maricopa County Non-migrants, with 1,674,817 households. Arriving households report an average income of $98,820 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Maricopa County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Maricopa County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.