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Thursday, November 14, 2024

Federal data shows income levels in Arizona on the rise

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Gov. Doug Ducey | Facebook

Gov. Doug Ducey | Facebook

New data from the U.S. Census Bureau indicated that Arizona’s median household income jumped 15.2% over the latest three-year recording period, Gov. Doug Ducey’s Office announced earlier this month.

The Ducey administration said in a press release published on Oct. 6 the boost was the highest growth among western and mountain states and even higher than Texas and Florida.

Arizona’s total state income went up by 5% as well.

Ducey, a Republican, said the Grand Canyon State is earning a reputation as a state with a business-friendly climate.

“Arizona is a national leader in attracting more jobs and companies to move here — and it’s bringing real benefits for Arizona families,” he said in the release. “This growth doesn’t happen by accident. It’s a result of welcoming policies and hard work from Arizona entrepreneurs and employees to innovate and expand. We want Arizona to continue to be a state that continuously affords more opportunity for its citizens. We will continue to advocate for policies that keep our state on a path of growth and opportunity for all.”

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