LotsCap

Economy Profile

Apache County

  • Arizona State
  • October, 2024
TSAC-CFD-04001

Table of Content

Snapshot

-

GDP (2022, Thousands)
$ 2732412
AVG Real Growth (2017-2022)
-3.22 %
Unemployment Rate (May, 2024)
9.4 %
Labor Force Size
17781
Number of Businesses
634
Average Annual Wage
$ 53696

Economy Structure

Population & Household section gives reader an outlook. of general population profile, structure, and outlook.

GDP

GDP (2022, Thousands)
$ 2732412
GDP Per Capita
$ 41366
GDP Growth Rate (2022)
-4.8 %
Average Growth Rate (2017-2022)
-3.22 %
Goods Producing Contribution (%)
4.3%
Service Providing Contribution (%)
57.5%
Goverment Contribution
38.1%
GDP Historical Growth Rate
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP by Sectors
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP Growth by Sectors
Source: Bureau of Economic Analysis | CAGDP11

Monthly Employment

Total Labor Force
17781
Labor Force Growth
-1.69%
Unemployment
1668
Unemployment Rate
9.4%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
46.9%
Employment Rate (with Bachelor's Degree)
81.3%
Employment Rate (75+ y.o.)
1.8%
Employment Rate (Black)
42.8%
Employment Rate (Female)
48.5%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
634
Number of Employment
16893
Annual Average Wages
$ 53696
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 43572
Service-providing (avg pay)
$ 52433
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 37483
Household Income (Median)
$ 53624
Per Capita Income
$ 18930
Per Capita Income Growth (2010-2022)
54 %
Gini Index
0.5144*
Poverty Rate
32.5 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov