Graham County, Arizona: commercial real estate data.
Graham County, Arizona had an estimated 40,242 residents on July 1, 2024, up 4.4 percent since the 2020 census base of 38,539, across 4,623 square miles. County output reached $2.02 bn in 2024, 574 establishments operate here, and the SBA record carries 19 7(a) approvals worth $10.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Graham County
How many people live in Graham County
- Population, American Community Survey 2020-202439,232
- Households12,746
- Average household size3.08
- Median household income$67,325
- Median age34.9
- Median gross rent$935 per month
- Median owner-occupied home value$212,000
- Home value to household income3.1 times
- Annual rent as a share of median income16.7 percent
- Adults 25 and over with a bachelor degree or higher14.6 percent
- Adults 25 and over with a graduate degree4.7 percent
- Adults 25 and over25,235
- Population under 1810,124
- Share under 1825.8 percent
- Population 65 and over5,687
- Share 65 and over14.5 percent
- Working age population, 18 to 6423,421
- Civilian labor force16,141
- Unemployment rate7.7 percent
- Labor force participation, adults 18 and over55.5 percent
- Rank by population among Arizona counties13th of 15
- Rank by population among US county-equivalents, Puerto Rico included1225th of 3,222
Graham County is the 13th largest of 15 Arizona counties by population. A median home costs 3.1 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 25.8 percent against 14.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Graham County
Is Graham County's population growing?
- Population, July 1, 202440,242
- Census 2020 base population38,539
- Population change since the 2020 census base4.42 percent
- Population change, 2023 to 2024681
- Births, 2024474
- Deaths, 2024400
- Natural change, 202474
- Net domestic migration, 2024514
- Net international migration, 202490
- Total net migration, 2024604
- Cumulative net domestic migration, 2021 to 20241,150
- Rank by growth among US county-equivalents625th of 3,144
The county has grown 4.42 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Graham County
Where are people moving to Graham County from?
- Tax returns filed by households arriving740
- People arriving, from those returns1,562
- Tax returns filed by households leaving764
- Net household movement-24
- Adjusted gross income arriving$36.8 m
- Net adjusted gross income movement$-5.5 m
- Average income of an arriving household$49,682
- Average income of a leaving household$55,297
- Largest single originMaricopa County (142 households)
- Largest single destinationMaricopa County (204 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Maricopa County | 142 | 301 | $7.4 m |
| Pima County | 82 | 159 | $3.8 m |
| Greenlee County | 75 | 175 | $4.4 m |
| Cochise County | 48 | 112 | $2.0 m |
| Pinal County | 40 | 94 | $2.1 m |
| Gila County | 27 | 65 | $1.1 m |
| Navajo County | 22 | 44 | $1.5 m |
Households arriving report $5,615 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Maricopa County, 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.
Graham County
What is the Graham County economy?
- County GDP, 2024$2.02 bn
- County GDP, 2023$1.74 bn
- GDP change, 2023 to 202416.1 percent
- GDP change over five years59.4 percent
- Rank by GDP among the Arizona areas BEA publishes14th of 15
- Rank by GDP among the US county areas BEA publishes1273rd of 3,127
- GDP per resident$51,367
Output grew 16.1 percent in the latest year and 59.4 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.
Graham County
Employment by industry in Graham County
- Covered employment, annual average10,751
- Establishments reporting624
- Average annual pay$57,182
- Average weekly wage$1,100
- Retail trade, employment1,556
- Retail trade, average annual pay$35,870
- Health care and social assistance, employment1,391
- Health care and social assistance, average annual pay$59,405
- Accommodation and food services, employment1,035
- Accommodation and food services, average annual pay$21,091
- Construction, employment430
- Construction, average annual pay$55,489
- Other services, except public administration, employment294
- Professional, scientific and technical services, employment214
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 1,556 | 81 | $35,870 |
| Health care and social assistance | 1,391 | 79 | $59,405 |
| Accommodation and food services | 1,035 | 56 | $21,091 |
| Construction | 430 | 71 | $55,489 |
| Other services, except public administration | 294 | 37 | $62,609 |
| Professional, scientific and technical services | 214 | 39 | $64,811 |
| Manufacturing | 208 | 19 | $46,271 |
| Wholesale trade | 191 | 19 | $75,730 |
Retail trade is the largest private sector at 1,556 jobs, 14.5 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Graham County
How many businesses are in Graham County?
- Establishments, all industries574
- Employment at those establishments8,396
- Annual payroll$402.7 m
- Establishments per 1,000 residents14.6
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Graham County
Building permits in Graham County
- Housing units authorized by permit, 2024137
- Declared construction value permitted$43.3 m
- Single family units authorized133
- Multifamily units authorized4
- Multifamily share of units2.9 percent
- Average declared value per unit$316,317
- Units authorized per 1,000 households10.7
Single-family homes are 97.1 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Graham County
SBA loans in Graham County (7(a) and 504)
- 7(a) approvals recorded19
- 7(a) gross approval dollars$10.9 m
- Average 7(a) approval$575,847
- Median 7(a) approval$249,000
- Largest single approval$1,980,300
- Jobs reported supported, 7(a)176
- Jobs per approval9.3
- Distinct 7(a) lenders active15
- Distinct industries receiving approvals16
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer31.6 percent
- Loans on real estate terms6
- Loans on working capital terms, 120 months or shorter12
- Franchise loans2
- Franchise share of approvals10.5 percent
- 504 approvals recorded5
- 504 gross approval dollars$5.4 m
- Average 504 approval$1,086,200
- Median 504 approval$1,069,000
- Distinct CDCs active2
- 504 jobs per approval11.0
- 504 jobs per million dollars approved10.1
- Most active CDCArizona Capital Source (4)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$16.4 m
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.
Graham County
SBA loan default and charge-off rates in Graham County
Do SBA loans in Graham County get paid back?
- Loans with a final outcome recorded5
- Paid in full5
- Charged off0
- Status: Paid in full5
- Status: Cancelled3
- Status: Exempt from disclosure9
- Status: Committed, not yet disbursed2
Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Graham County
SBA lending by place in Graham County
- Borrower cities with recorded lending5
- Safford, approvals10
- Thatcher, approvals4
- Pima, approvals3
- Fort Thomas, approvals1
- Willcox, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Safford | 10 | $5,443,000 |
| Thatcher | 4 | $2,951,300 |
| Pima | 3 | $1,053,800 |
| Fort Thomas | 1 | $1,430,000 |
| Willcox | 1 | $63,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Graham County
How large is Graham County?
- Land area4,623 sq mi
- Rank by land area among Arizona counties12th of 15
- Width, east to west77.9 mi
- Height, north to south84.8 mi
- Geographies sharing a boundary7
- Residents per square mile of land8
- Establishments per square mile0.12
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.
Graham County
Flood risk in Graham County
- Participation of the county's own NFIP community Graham County, unincorporated areasParticipating, community 040032
- Communities in the county in the NFIP Community Status Book4
- Of those, participating in the NFIP4
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Graham County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Graham County (community 040032), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Graham County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Graham 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 Graham County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202439,232
- Households12,746
- Average household size3.08
- Median household income$67,325
- Median age34.9
Common questions
Graham County questions, answered from the record.
How many people live in Graham County, Arizona?
The Census Bureau estimates 40,242 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 39,232, in 12,746 households, ranking 13th of 15 Arizona counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Graham County's population growing?
The population has grown 4.42 percent since the 2020 census base of 38,539, to 40,242 on July 1, 2024. In 2024 there were 474 births against 400 deaths, with net migration of 604. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Graham County?
$67,325. The median owner-occupied home is valued at $212,000, which is 3.1 times income, and median gross rent is $935 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Graham County?
574 establishments, employing 8,396 people with an annual payroll of $402.7 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Graham County?
Retail trade is the largest private sector at 1,556 jobs, 14.5 percent of covered employment. Covered employment averages 10,751 jobs at an average annual pay of $57,182, or $1,100 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Graham County?
19 7(a) approvals totaling $10.9 m since FY2020, across 15 lenders, with a median approval of $249,000, plus 5 504 approvals worth $5.4 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Graham County?
137 housing units were authorized by permit in 2024, with a declared construction value of $43.3 m. Multifamily was 2.9 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Graham 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 Graham County come from?
The largest single origin is Maricopa County, with 142 households. Arriving households report an average income of $49,682 against $55,297 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Graham 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 Graham County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Graham County
Cities and places in Graham.
12 Census places lie wholly or partly in Graham County. All 12 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Safford | city | 10,239 | 10 | Wholly in this county |
| Thatcher | town | 5,439 | 4 | Wholly in this county |
| Pima | town | 2,995 | 3 | Wholly in this county |
| Swift Trail Junction | CDP | 2,859 | None recorded | Wholly in this county |
| Bylas | CDP | 1,551 | None recorded | Wholly in this county |
| Cactus Flats | CDP | 1,508 | None recorded | Wholly in this county |
| Peridot | CDP | 999 | None recorded | 40.1 percent here, 59.9 percent Gila County |
| Central | CDP | 657 | None recorded | Wholly in this county |
| San Jose | CDP | 496 | None recorded | Wholly in this county |
| Bryce | CDP | 379 | None recorded | Wholly in this county |
| Solomon | CDP | 321 | None recorded | Wholly in this county |
| Fort Thomas | CDP | 313 | 1 | Wholly in this county |
A further 1 of the county's 19 SBA 7(a) approvals are to borrowers in cities that match no Census place in Graham County, the largest being Willcox (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby