In the latest census data,
"I've been tracking that since 2010, and that time has actually gone down, so that means more people are coming here more frequently," Wilken said.That data shows the population moving to the Grand Canyon State is, on average, younger, college educated, and has a lower median income – meaning those who are just starting out after finishing their higher education.
An educated workforce helps provide talent for the dozens of new manufacturing and high-tech companies calling the Valley, and Arizona, home. In 2022, we saw theElectronic vehicle and renewable energy companies are all calling somewhere in Arizona, home. "LG Energy Solution announced kind of a similar sized factory in Queen Creek. Core Power is coming to the West Valley here. So, we’re seeing exponential growth in these high-tech, sustainable industries of the future," Ptak said. "Arizona traditionally has been a growth-based economy. We saw in the great recession, the downside of that. When the economy goes bad, Arizona tended to go down very hard. We were one of the hardest-hit states at the time.