Statistics About The Average Household Income Arizona

In this post, we will explore various statistics related to the household income landscape in Arizona. From median household incomes to income disparities among different demographics, we will analyze key figures that shed light on the economic diversity within the state. Join us as we delve into the numbers that paint a picture of income distribution and inequality in Arizona.

Statistic 1

"The median household income in Arizona was $62,055 in 2020."

Statistic 2

"In 2019, 13.5% of Arizona's population lived in poverty."

Statistic 3

"The average family income in Arizona was approximately $78,473 in 2018."

Statistic 4

"The median income of families with children in Arizona was $59,433 in 2018."

Statistic 5

"As of 2018, the average income per capita in Arizona was $30,687."

Statistic 6

"In 2017, the median family income in the Phoenix metropolitan area was about $73,200."

Statistic 7

"Among the cities in Arizona, Paradise Valley showed the highest median household income, reaching $211,393 in 2019."

Statistic 8

"As per 2018 statistics, the average income of Asian households was $77,530, higher than any other race or ethnicity in Arizona."

Statistic 9

"As of 2018, men's median income in Arizona was around $30,200 higher than women's."

Statistic 10

"From 2016 to 2017, the median household income in Arizona grew by 4.8%, from $56,213 to $58,945."

Statistic 11

"In 2019, the median income of 45-54 years old in Arizona was $73,036."

Statistic 12

"In 2018, full-time male employees in Arizona made 1.4 times more than female employees."

Statistic 13

"The income inequality in Arizona was 0.47 according to the Gini calculation of the wage distribution in 2018."

Statistic 14

"In Arizona, households with a retirement income had an average income of $27,749 in 2020."

Statistic 15

"By educational attainment, the highest income brackets in Arizona were filled by those holding Graduate or professional degrees, earning a median of $75,865 in 2019."

Statistic 16

"Mahave County had the lowest median household income among Arizona's counties, at $41,237 in 2020."

Statistic 17

"In 2018, the county with the highest Median Household Income in Arizona was Maricopa County, CA with a value of $64,251."

Statistic 18

"In 2020, households earning over $200,000 made up 7.8% of Arizona's households, while those earning less than $10,000 made up 7.0%."

Overall, the statistics on household income in Arizona paint a complex picture of economic disparities within the state. While some areas like Paradise Valley boast high median incomes, others such as Mahave County struggle with lower household incomes. Gender and racial disparities are evident, with men and Asian households earning more on average than their counterparts. Additionally, there are wide variations in income based on education level and age group. The data also highlights persistent issues such as income inequality and the prevalence of poverty in certain segments of the population. These findings underscore the importance of targeted policy interventions to address income disparities and improve economic well-being for all residents of Arizona.