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State economy

Arizona economy

Arizona's unemployment rate was 4.9% in September 2026, unchanged from the month before and 4.4% a year earlier. That ranks 46 of 51 (1 = lowest); the national rate was 4.1%. Employers had 3.28 million jobs on their payrolls in September 2026, a gain of 18,800 (+0.6%) from a year earlier. Home prices (FHFA index) were +0.9% from a year earlier in Q2 2026. Median household income was $86,570 in 2025.

4.9%
unemployment rate
September 2026
Unemployment rate4.9%Rank 46 of 51 (1 = lowest)
10-year range3.4–13.8%Low Feb 2024 · high Apr 2020
Nonfarm jobs3.28M+0.6% in a year · rank 21
Home prices (FHFA)+0.9%1-year change · Q2 2026 · 5-yr +36%
Median household income$86,5702025 · rank 27 of 51

Arizona: unemployment rate

Arizona unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 4.9%; high 13.8% on Apr 1, 2020; low 3.4% on Jul 1, 2007.2.5%5.0%7.5%10.0%12.5%15.0%20082010201220142016201820202022202420264.9%High 13.8%Low 3.4%

Arizona: jobs, change from a year earlier

Arizona nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest +0.6%; high +10.4% on Apr 1, 2021; low -9.3% on Apr 1, 2020.-10%-5%0%5%10%15%20052010201520202025+0.6%High +10.4%Low -9.3%

Arizona: home prices, change from a year earlier

Arizona FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +0.9%; high +35.7% on Oct 1, 2005; low -18.5% on Oct 1, 2008.-20%0%20%40%20052010201520202025+0.9%High +35.7%Low -18.5%

Arizona: median household income

Arizona median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $86,570; high $86,570 on Jul 1, 2025; low $21,430 on Jul 1, 1984.$20,000$40,000$60,000$80,000$100,0001990199520002005201020152020$86,570Low $21,430

Other states

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).