Coconino County, Arizona

Coconino County's population as of Census 2020 was 145,101, up 7.9% from 2010 (the fifth fastest population growth of Arizona's 15 counties). From 2020 to 2025, the countywide population increased by 2.6% to 149,453, according to estimates by Arizona Office of Economic Opportunity (OEO). Coconino County's population is expected to reach 155,172 in 2030 and 158,179 in 2060, according to OEO projections.

PERSONAL INCOME: In 2023, Coconino County had a per capita personal income (PCPI) of $62,002. This PCPI ranked 2nd in the state (of Arizona's 15 counties) and was 99.1% of the state average, $62,543, and 88.8% of the national average, $69,810. The 2023 PCPI reflected an increase of 6.2% from 2022. The 2022–2023 state change was 6.1% and the national change was 5.4%. In 2013, the PCPI of Coconino County was $38,325 and ranked 2nd in the state. The 2013–2023 compound annual growth rate of PCPI was 4.9%. The compound annual growth rate for the state was 5.4% and for the nation was 4.6%.

GROSS DOMESTIC PRODUCT: In 2023, Coconino County produced $10.0 billion in current-dollar total Gross Domestic Product (GDP). This GDP ranked 6th in the state (of Arizona's 15 counties) and accounted for 1.9% of the state total. From 2022 to 2023, Coconino County real GDP grew 3.7%; for all Arizona, GDP grew 3.0%. Back in 2013, the total GDP of Coconino County was $6.7 billion and ranked 4th in the state. The 2013–2023 compound annual growth rate for Coconino County real GDP was 1.1%; the compound annual growth rate for the state was 3.5%.

For more info on Coconino County's personal income and GDP, check out the county's BEA Regional Fact Sheet (BEARFACTS) 

MAJOR INDUSTRY SALES

• In 2025, Coconino County's retail sales totaled $1.97 billion, up 1.4% from the year prior after declining 2.3% in 2024. That followed a record-high increase of 23.1% in 2021 (with records back to 2009) and follow-on gains of 6.1% in 2022 and 2.9% in 2023. 
• Coconino County's restaurant & bar sales totaled $774.2 million in 2025, up 3.6% from the year prior following gains of 37.1% in 2021, 12.7% in 2022, 6.4% in 2023, and 2.7% in 2024 (rebounding from the COVID-related decline of 23.3% back in 2020). Coconino County's restaurant & bar sales were at a record high in 2025 (with records back to 2009). 
• Hotel/motel receipts in Coconino County totaled $652.1 million in 2025, down 4.6% from the year prior after increasing 66.9% in 2021, 11.6% in 2022, 5.2% in 2023, and 4.6% in 2024 (that followed a COVID-related drop of 35.1% in 2020, the first year of the pandemic). Coconino County's hotel/motel receipts were at a record high in 2024 (with records back to 2009) before declining in 2025.

BANK DEPOSITS

• In 2025, bank deposits in Coconino County (as of June 30) totaled $2.36 billion, down 0.7% from a year prior, after falling 15.6% in 2022, 9.2% in 2023, and 2.7% in 2024. That followed strong growth of 20.7% and 19.7% in 2020 and 2021, respectively (the fastest 2-year period of gains on record with records back to 1994). Deposits in those years were helped along by stimulus payments and other COVID programs. 
• Deposits at Coconino County banks in 2025 were at their lowest level since 2019, the year prior to the pandemic, and were down 26.0% from the record high in 2021.

HOUSING MARKET DATA:  For the most recent housing market data and trends (median listing home price, median listing home price per square foot, median sold home price, sale-to-list price ratio, median days on market, and more) for Coconino County, visit Coconino County, AZ Real Estate Market.)

NEW HOME CONSTRUCTION: In 2024, building permits were issued for 331 new single-family homes in Coconino County, up 5.4% from 2023. The average permit value in 2024 was $469,363 (does not include value of land), up 17.0%. For the most recent monthly data, click here. See downloadable spreadsheets below for current and historical annual building permit data.