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Pinal County, Arizona, with an annual GDP of approximately 11.9 billion dollars and a GDP per capita of 27,503 dollars, exhibits a modest economic performance compared to both state and national averages. The county's GDP growth rate of 1.3% over the last year is below Arizona's 3.2% and significantly lower than the national rate of 1.9%. However, Pinal County's GDP growth rate over the past 13 years stands at 3.32%, indicating a stable long-term growth trajectory. Notably, the county has a higher contribution from goods-producing sectors (27.2%) compared to the state average of 16.1%, suggesting a stronger industrial base. In contrast, Pinal's GDP per capita is considerably lower than the state average of 66,318 dollars, highlighting potential challenges in income levels and economic development relative to neighboring counties like Maricopa and Pima.
Pinal County, AZ, exhibits an employment rate of 64.4% for individuals aged 20-64, which is notably lower than the state average of 72.5% and the national average of 73.8%. The county's employment rate for those with a Bachelor's degree stands at 77.5%, slightly below Arizona's 82.2% but higher than the national figure of 84.3%. Additionally, the high school graduate employment rate in Pinal County is 60.1%, trailing behind both the state (66.9%) and national (67.9%) averages. The employment rate for Black residents in Pinal County is 49.9%, significantly lower than the state average of 61.8%. Overall, Pinal County's employment metrics suggest challenges in workforce participation compared to both state and national levels, indicating potential areas for economic development and workforce initiatives.
Pinal County, AZ, exhibits a mean household income of $73,313 and a median household income of $92,354, positioning it favorably compared to the state average of $72,581 and the national average of $75,149. Notably, Pinal County has a higher percentage of households earning over $200K (11.8%) than both the state (10.3%) and national averages (9.9%), indicating a growing affluent demographic. However, it also has a lower income per capita ($33,158) compared to both state ($38,334) and national ($41,261) figures, suggesting a disparity in income distribution. The county's Gini index of 0.4199 reflects a more equitable income distribution than the state (0.4610) and national (0.4829) levels, highlighting Pinal County's unique economic landscape within Arizona.