Maricopa County, Arizona: commercial real estate data.
Maricopa County, Arizona had an estimated 4,673,096 residents on July 1, 2024, up 5.6 percent since the 2020 census base of 4,425,315, across 9,200 square miles. 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Maricopa County
How many people live in Maricopa County
- Population, American Community Survey 2020-20244,559,748
- 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-equivalents, Puerto Rico included4th of 3,222
Maricopa County is the 1st largest of 15 Arizona counties by population. A median home costs 5.1 times median household income, which is severely unaffordable by national standards. 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's population growing?
- Population, July 1, 20244,673,096
- Census 2020 base population4,425,315
- Population change since the 2020 census base5.60 percent
- Population change, 2023 to 202457,471
- 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 of 3,144
The county has grown 5.60 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.
Maricopa County
Where are people moving to Maricopa County from?
- Tax returns filed by households arriving96,229
- People arriving, from those returns162,790
- Tax returns filed by households leaving89,247
- Net household movement6,982
- Adjusted gross income arriving$9.51 bn
- Net adjusted gross income movement$1.84 bn
- Average income of an arriving household$98,820
- Average income of a leaving household$85,982
- Largest single originPinal County (6,868 households)
- Largest single destinationPinal County (10,920 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| 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 |
| San Diego County | 2,519 | 4,285 | $227.8 m |
| Orange County | 2,103 | 3,622 | $314.4 m |
| Cook County | 1,984 | 3,182 | $254.0 m |
| King County | 1,762 | 3,154 | $333.3 m |
| Yavapai County | 1,710 | 2,748 | $114.7 m |
Households arriving report $12,838 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Pinal 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.
Maricopa County
What is the Maricopa County economy?
- 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 the Arizona areas BEA publishes1st of 15
- Rank by GDP among the US county areas BEA publishes7th of 3,127
- 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
Employment by industry in Maricopa County
- Covered employment, annual average2,280,645
- Establishments reporting142,693
- Average annual pay$73,840
- Average weekly wage$1,420
- Health care and social assistance, employment335,894
- Health care and social assistance, average annual pay$69,242
- Retail trade, employment236,403
- Retail trade, average annual pay$49,682
- Accommodation and food services, employment210,601
- Accommodation and food services, average annual pay$32,478
- Administrative and support and waste management services, employment185,155
- Administrative and support and waste management services, average annual pay$56,121
- Construction, employment174,553
- Finance and insurance, employment141,344
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 335,894 | 15,402 | $69,242 |
| Retail trade | 236,403 | 10,846 | $49,682 |
| Accommodation and food services | 210,601 | 8,808 | $32,478 |
| Administrative and support and waste management services | 185,155 | 9,418 | $56,121 |
| Construction | 174,553 | 11,365 | $84,124 |
| Finance and insurance | 141,344 | 9,342 | $106,212 |
| Manufacturing | 141,236 | 3,769 | $100,546 |
| Professional, scientific and technical services | 133,249 | 25,643 | $108,429 |
Health care and social assistance is the largest private sector at 335,894 jobs, 14.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Maricopa County
How many businesses are 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. 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.
Maricopa County
Building permits in Maricopa County
- Housing units authorized by permit, 202436,380
- Declared construction value permitted$9.08 bn
- Single family units authorized21,667
- Multifamily units authorized14,713
- Multifamily share of units40.4 percent
- Average declared value per unit$249,465
- Units authorized per 1,000 households21.0
Multifamily is 40.4 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Maricopa County
SBA loans in Maricopa County (7(a) and 504)
- 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$1,601,000
- 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)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$5.03 bn
The average approval of $616,151 sits well above the median of $302,600, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here 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
SBA loan default and charge-off rates in 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
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.
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.
Maricopa County
SBA lending by place in Maricopa County
- Borrower cities with recorded lending55
- Phoenix, approvals1,691
- Scottsdale, approvals748
- Mesa, approvals673
- Gilbert, approvals437
- Chandler, approvals364
- Tempe, approvals346
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Phoenix | 1,691 | $1,143,316,400 |
| 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 |
| 47 other borrower cities | 805 | $414,292,200 |
Phoenix accounts for 1,691 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 large 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
Flood risk in Maricopa County
- Participation of the county's own NFIP community Maricopa County, unincorporated areasParticipating, community 040037
- Community Rating System class of the county's own communityClass 5
- Communities in the county 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
- Radon levels in Maricopa 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 Maricopa County (community 040037), participates in the National Flood Insurance Program and carries Community Rating System class 5, a flood insurance premium discount for policies written there. The EPA places Maricopa 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. The best Community Rating System class among the county's communities is 5, which carries a flood insurance premium discount for policies written in that community. 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 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.
- Population, American Community Survey 2020-20244,559,748
- 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?
The Census Bureau estimates 4,673,096 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 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's population growing?
The population has grown 5.60 percent since the 2020 census base of 4,425,315, to 4,673,096 on July 1, 2024. 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 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 employment by industry in Maricopa County?
Health care and social assistance is the largest private sector at 335,894 jobs, 14.7 percent of covered employment. Covered employment averages 2,280,645 jobs at an average annual pay of $73,840, or $1,420 a week. 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 totaling $3.46 bn since FY2020, across 211 lenders, with a median approval of $302,600, plus 1,695 504 approvals worth $1.57 bn since FY2010. 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.
How many building permits were issued in Maricopa County?
36,380 housing units were authorized 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 Pinal County, with 6,868 households. Arriving households report an average income of $98,820 against $85,982 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?
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.
Maricopa County
Cities and places in Maricopa.
44 Census places lie wholly or partly in Maricopa County. 43 carry enough published place level data for a page of their own and are linked. The rest are named here and not linked, because the American Community Survey and the SBA record between them do not carry enough about them to write an honest page. A place existing is itself worth knowing, so nothing in the county is left out.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Phoenix | city | 1,642,323 | 1,691 | Wholly in this county |
| Mesa | city | 511,764 | 673 | Wholly in this county |
| Gilbert | town | 280,262 | 437 | Wholly in this county |
| Chandler | city | 280,136 | 364 | Wholly in this county |
| Glendale | city | 252,833 | 283 | Wholly in this county |
| Scottsdale | city | 243,821 | 748 | Wholly in this county |
| Peoria | city | 196,906 | 262 | 88.4 percent here, 11.6 percent Yavapai County |
| Tempe | city | 188,065 | 346 | Wholly in this county |
| Surprise | city | 154,948 | 126 | Wholly in this county |
| Goodyear | city | 107,645 | 106 | Wholly in this county |
| Buckeye | city | 104,923 | 81 | Wholly in this county |
| Avondale | city | 92,477 | 64 | Wholly in this county |
| Queen Creek | town | 71,867 | 91 | 63.0 percent here, 37.0 percent Pinal County |
| Sun City | CDP | 37,486 | 33 | Wholly in this county |
| El Mirage | city | 36,088 | 11 | Wholly in this county |
| Sun City West | CDP | 27,425 | 6 | Wholly in this county |
| Fountain Hills | town | 23,789 | 21 | Wholly in this county |
| Anthem | CDP | 22,584 | 24 | Wholly in this county |
| New River | CDP | 18,240 | 8 | Wholly in this county |
| Sun Lakes | CDP | 13,924 | 2 | Wholly in this county |
| Paradise Valley | town | 12,611 | 11 | Wholly in this county |
| Wickenburg | town | 8,059 | 15 | 73.7 percent here, 26.3 percent Yavapai County |
| Tolleson | city | 7,668 | 15 | Wholly in this county |
| Youngtown | town | 7,015 | 7 | Wholly in this county |
| Litchfield Park | city | 6,916 | 38 | Wholly in this county |
| Guadalupe | town | 5,272 | None recorded | Wholly in this county |
| Citrus Park | CDP | 5,115 | 1 | Wholly in this county |
| Cave Creek | town | 5,091 | 48 | Wholly in this county |
| Carefree | town | 3,683 | 7 | Wholly in this county |
| Rio Verde | CDP | 2,261 | 3 | Wholly in this county |
| Gila Bend | town | 1,363 | 3 | Wholly in this county |
| Circle City | CDP | 1,089 | None recorded | Wholly in this county |
| Maricopa Colony | CDP | 836 | None recorded | Wholly in this county |
| Gila Crossing | CDP | 830 | None recorded | Wholly in this county |
| Komatke | CDP | 809 | None recorded | Wholly in this county |
| St. Johns | CDP | 631 | None recorded | Wholly in this county |
| Wittmann | CDP | 631 | 5 | Wholly in this county |
| Aguila | CDP | 284 | None recorded | Wholly in this county |
| Wintersburg | CDP | 152 | None recorded | Wholly in this county |
| Morristown | CDP | 138 | 2 | Wholly in this county |
| Arlington | CDP | 37 | 1 | Wholly in this county |
| Theba | CDP | 7 | None recorded | Wholly in this county |
| Kaka | CDP | 0 | None recorded | Wholly in this county |
| Tonopah | CDP | 0 | 5 | Wholly in this county |
A further 71 of the county's 5,609 SBA 7(a) approvals are to borrowers in cities that match no Census place in Maricopa County, the largest being Laveen (38), Waddell (9), Apache Junction (3). 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