LotsCap

Economy Profile

Yuma County

  • Arizona State
  • October, 2024
TSAC-CFD-04027

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 9883018
AVG Real Growth (2017-2022)
1.56 %
Unemployment Rate (May, 2024)
16 %
Labor Force Size
99288
Number of Businesses
3959
Average Annual Wage
$ 51884

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 9883018
GDP Per Capita
$ 48358
GDP Growth Rate (2022)
6.2 %
Average Growth Rate (2017-2022)
1.56 %
Goods Producing Contribution (%)
24%
Service Providing Contribution (%)
53.1%
Goverment Contribution
22.9%
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
99288
Labor Force Growth
3.8%
Unemployment
15918
Unemployment Rate
16%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
64.3%
Employment Rate (with Bachelor's Degree)
77.8%
Employment Rate (75+ y.o.)
3%
Employment Rate (Black)
44.6%
Employment Rate (Female)
60.6%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
3959
Number of Employment
71370
Annual Average Wages
$ 51884
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 47602
Service-providing (avg pay)
$ 49719
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 56439
Household Income (Median)
$ 74377
Per Capita Income
$ 27516
Per Capita Income Growth (2010-2022)
49.4 %
Gini Index
0.4574*
Poverty Rate
17.5 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov