LotsCap

Economy Profile

Graham County

  • Arizona State
  • October, 2024
TSAC-CFD-04009

Table of Content

Snapshot

-

GDP (2022, Thousands)
$ 1633997
AVG Real Growth (2017-2022)
5.5 %
Unemployment Rate (May, 2024)
4.1 %
Labor Force Size
16499
Number of Businesses
621
Average Annual Wage
$ 54125

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 1633997
GDP Per Capita
$ 42493
GDP Growth Rate (2022)
-8.2 %
Average Growth Rate (2017-2022)
5.5 %
Goods Producing Contribution (%)
49%
Service Providing Contribution (%)
32.7%
Goverment Contribution
18.3%
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
16499
Labor Force Growth
4.58%
Unemployment
669
Unemployment Rate
4.1%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
58.7%
Employment Rate (with Bachelor's Degree)
68.9%
Employment Rate (75+ y.o.)
5.3%
Employment Rate (Black)
35.6%
Employment Rate (Female)
61.1%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
621
Number of Employment
10411
Annual Average Wages
$ 54125
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 76781
Service-providing (avg pay)
$ 43459
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 64089
Household Income (Median)
$ 74766
Per Capita Income
$ 24052
Per Capita Income Growth (2010-2022)
53.7 %
Gini Index
0.4057*
Poverty Rate
17.7 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov