Arizona - Income



According to the Bureau of Economic Analysis, in 2001, Arizona had a per capita personal income (PCPI) of $25,878 which ranked 38th in the United States (including the District of Columbia) and was 85% of the national average, $30,413. The 2001 PCPI reflected an increase of 2.0% from 2000 compared to the national change of 2.2%. In 2001, Arizona had a total personal income (TPI) of $137,331,072,000 which ranked 23rd in the United States and accounted for 1.6% of the national total. The 2001 TPI reflected an increase of 4.8% from 2000 compared to the national change of 3.3%.

Earnings of persons employed in Arizona increased from $93,526,642,000 in 2000 to $97,001,206,000 in 2001, an increase of 3.7%. The largest industries in 2001 were services, 29.3% of earnings; state and local government, 11.9%; and retail trade, 10.4%. Of the industries that accounted for at least 5% of earnings in 2001, the slowest growing from 2000 to 2001 was durable goods manufacturing (9.9% of earnings in 2001), which decreased 3.3%; the fastest was state and local government, which increased 16.7%.

According to data released by the US Census Bureau, in 2000, the median household income was $41,456 compared to the national average of $42,148. In 2001, the median income for a family of four was $56,067 compared to the national average of $63,278. For the period 1999 to 2001, the average poverty rate was 12.9% which placed it 37th among the 50 states and the District of Columbia ranked lowest to highest.



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