LotsCap

Economy Profile

Coconino County

  • Arizona State
  • October, 2024
TSAC-CFD-04005

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 9080290
AVG Real Growth (2017-2022)
-0.38 %
Unemployment Rate (May, 2024)
4.6 %
Labor Force Size
76350
Number of Businesses
4070
Average Annual Wage
$ 52117

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 9080290
GDP Per Capita
$ 62750
GDP Growth Rate (2022)
2.8 %
Average Growth Rate (2017-2022)
-0.38 %
Goods Producing Contribution (%)
18.2%
Service Providing Contribution (%)
61.9%
Goverment Contribution
19.9%
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
76350
Labor Force Growth
0.92%
Unemployment
3518
Unemployment Rate
4.6%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
70.6%
Employment Rate (with Bachelor's Degree)
80.6%
Employment Rate (75+ y.o.)
6.2%
Employment Rate (Black)
51.4%
Employment Rate (Female)
69.4%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
4070
Number of Employment
63798
Annual Average Wages
$ 52117
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 65161
Service-providing (avg pay)
$ 45311
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 67266
Household Income (Median)
$ 89188
Per Capita Income
$ 32592
Per Capita Income Growth (2010-2022)
44 %
Gini Index
0.4603*
Poverty Rate
16.9 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov