WHY PHOENIX?
THE #1 CHOICE FOR YOUR
BUSINESS
Phoenix, Arizona is the fifth-most populous metro area in the United States. A true renaissance city, Phoenix boasts a flourishing economy supported by a diverse array of industries, from manufacturing and healthcare to technology and real estate.
Workforce
& Education
Workforce
& Education
50%
Degree or Higher
58%
is Working Age
AZ Workforce Demographics
46%
Women
31%
Hispanics
19.1%
Minorities
10th
State in 2023
#1
Most Innovative University
#6
In Research Expenditures
Top 10 Nationwide
for These Programs:
- Information & Technology Management
- International Business
- Supply Chain Management
- Information Systems
- Environmental Health Engineering
- Elementary Teacher Education
Population Growth
Population Growth
Arizona
- 1.9% Annual Population Growth Rate
One of the fastest-growing states YOY
- 7.4+ Million Population in 2023
Expected increase to 7.6 million in 2024
Phoenix Metro
- 4% Growth Rate From 2020-2023
Higher than the national average of 1%
- #5 Most-Populous City in the U.S.
12% increase over the last decade
Pro-Business Climate
Pro-Business Climate
- Updated Freeway System
Efficient public transit and road for coast-to-coast connectivity
- Low Cost of Doing Business
Operating costs are up to 44% less than in California
- Affordable Cost of Living
Inflation rate of 2.58% compared to U.S. average of 3.27%
Quality of Life
Quality of Life
370+
Golf Courses
230+
Hiking Trails
300+
Sunny Days
per Year
19
James Beard
Awards
22
National Parks, Monuments and Preserves
4
Sports Teams
350+
Museums
150+
Wineries
Must-See Attractions:
- Grand Canyon National Park
- World-Class Phoenix Zoo
- Desert Botanical Garden
- OdySea Aquarium
- Antelope Canyon
- Phoenix Art Museum
Location
& Access
Location
& Access
- Accessible Within 1-Day
To three of the largest North American economies: California, Texas, and Mexico
- Sky Harbor International Airport
Direct flights to over 120 domestic and 25 international destinations
- 1hr Flight: L.A., San Diego, Las Vegas, Santa Fe
- 2-3hr Flight: Silicon Valley, Denver, Guadalajara
- 3-4hr Flight: Chicago, Seattle, Nashville
- 4-5hr Flight: New York, Miami, Boston
Reliable Infrastructure
Reliable Infrastructure
- Reliable Power Grid
One of the most dependable electrical grids in the U.S.
- Large Network of Fiber
60+ fiber, telecom, broadband, and wireless providers
- Large Existing Cluster
Second-largest data center market in the U.S.
Workforce
& Education
Workforce
& Education
50%
Degree or Higher
58%
is Working Age
AZ Workforce Demographics
46%
Women
31%
Hispanics
19.1%
Minorities
10th
State in 2023
#1
Most Innovative University
#6
In Research Expenditures
Top 10 Nationwide
for These Programs:
- Information & Technology Management
- International Business
- Supply Chain Management
- Information Systems
- Environmental Health Engineering
- Elementary Teacher Education
Population Growth
Population Growth
Arizona
- 1.9% Annual Population Growth Rate
One of the fastest-growing states YOY
- 7.4+ Million Population in 2023
Expected increase to 7.6 million in 2024
Phoenix Metro
- 4% Growth Rate From 2020-2023
Higher than the national average of 1%
- #5 Most-Populous City in the U.S.
12% increase over the last decade
Pro-Business Climate
Pro-Business Climate
- Updated Freeway System
Efficient public transit and road for coast-to-coast connectivity
- Low Cost of Doing Business
Operating costs are up to 44% less than in California
- Affordable Cost of Living
Inflation rate of 2.58% compared to U.S. average of 3.27%
Quality of Life
Quality of Life
370+
Golf Courses
230+
Hiking Trails
300+
Sunny Days
per Year
19
James Beard
Awards
22
National Parks, Monuments and Preserves
4
Sports Teams
350+
Museums
150+
Wineries
Must-See Attractions:
- Grand Canyon National Park
- World-Class Phoenix Zoo
- Desert Botanical Garden
- OdySea Aquarium
- Antelope Canyon
- Phoenix Art Museum
Location
& Access
Location
& Access
- Accessible Within 1-Day
To three of the largest North American economies: California, Texas, and Mexico
- Sky Harbor International Airport
Direct flights to over 120 domestic and 25 international destinations
- 1hr Flight: L.A., San Diego, Las Vegas, Santa Fe
- 2-3hr Flight: Silicon Valley, Denver, Guadalajara
- 3-4hr Flight: Chicago, Seattle, Nashville
- 4-5hr Flight: New York, Miami, Boston
Reliable Infrastructure
Reliable Infrastructure
- Reliable Power Grid
One of the most dependable electrical grids in the U.S.
- Large Network of Fiber
60+ fiber, telecom, broadband, and wireless providers
- Large Existing Cluster
Second-largest data center market in the U.S.
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