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  • Arizona Economics
  • AZ Counties
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Coconino County, Arizona

On this page (and more)...
Population & demographicsLabor market (unemployment, labor force, nonfarm jobs, job growth projections & wages)Personal income & GDPMajor industry sales (retail, restaurant & bar, hotel/motel) & bank depositsReal estate & new home constructionTourismAgriculture profileCensus data library (link)Businesses & payroll (by industry & employment size) (link)Nonemployer business establishments & sales (by industry) (link)

Population & Demographics

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). Coconino County's population is expected to reach 155,172 in 2030 and 158,179 in 2060, according to projections by Arizona Office of Economic Opportunity.

Coconino Population (1890-current) (xlsx)

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Coconino Population Projections (2025 to 2060) (xlsx)

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Annual Population Estimates (Arizona OEO)

Demographics

Labor Market

UNEMPLOYMENT: Coconino County's annual unemployment rate in 2022 was 4.3%, down from 6.2% in 2021 and 9.6% in 2020, the first year of the COVID pandemic. 


NONFARM PAYROLL EMPLOYMENT: Coconino County gained 4,300 jobs in 2022 for annual job growth of 6.7% (based on average monthly job numbers). The private sector added 2,600 jobs (5.6%) and the government sector grew by 1,700 jobs (9.7%). In the private sector, goods-producing jobs were up by 300 (5.0%) while service jobs grew by 2,300 (5.7%).

 
WAGES: The average annual wage in Coconino County in 2022 was $51,909 ($24.96 hourly), which was 88.6% of the Arizona statewide average wage of $58,620 ($28.18 hourly) and 83.9% of the national average wage of $61,900 ($29.76 hourly). Coconino County's average wage in 2022 was up 1.5% from 2021.

Coconino Labor Force, Employment & Unemployment (2000-current) (xlsx)

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Coconino Nonfarm Payroll Employment (2001-current) (xlsx)

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Coconino Employment & Wages (by Occupation) (2020-current) (xlsx)

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Unemployment Trends (Monthly)

Labor Force Participation

Unemployed Population

Employment Trends (Monthly)

Job Growth Projections

Wages by Occupation

Personal Income & GDP

PERSONAL INCOME: In 2021, Coconino County had a per capita personal income (PCPI) of $56,914. This PCPI ranked 2nd in the state and was 102.6% of the state average, $55,487, and 88.7% of the national average, $64,143. The 2021 PCPI reflected an increase of 5.4% from 2020. The 2020–2021 state change was 6% and the national change was 7.3%. In 2011, the PCPI of Coconino County was $37,248 and ranked 2nd in the state. The 2011–2021 compound annual growth rate of PCPI was 4.3%. The compound annual growth rate for the state was 4.6% and for the nation was 4.1%.


GROSS DOMESTIC PRODUCT: In 2021, Coconino County produced 8,444,850 in current-dollar total GDP*. This GDP ranked 6th in the state and accounted for 2.0% of the state total. In 2011, the total GDP of Coconino County was 6,445,661 and ranked 4th in the state. In 2021, Coconino County real GDP grew 4.8%; the 2020–2021 state change was 6.3%. The 2011–2021 compound annual growth rate for Coconino County real GDP was 0.5%; the compound annual growth rate for the state was 2.7%.

*GDP estimates are in thousands of dollars.


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


Coconino Personal Income (1969-current) (xlsx)

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Coconino Gross Domestic Product (by Industry) (2001-current) (xlsx)

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Major Industry Sales & Bank Deposits

MAJOR INDUSTRY SALES: In 2022, Coconino County's retail sales were up 6.1% following a record-high increase of 23.1% in 2021 (with records back to 2009). Coconino County's restaurant & bar sales were up 12.1% in 2022, following a 37.1% rebound  from the COVID-related decline of 23.3% in 2020. Hotel/motel receipts were up 11.6% in 2022 on the heels of a 66.9% rebound in 2021 (from the COVID-related drop of 35.1% the year prior).


BANK DEPOSITS: In 2022, bank deposits in Coconino County (as of June 30) were down 15.6% from 2021. The decline was on the heels of strong growth of 20.7% and 19.7% in 2020 and 2021, respectively. That was the fastest 2-year period of gains on record (with records back to 1994). Deposits in 2020 and 2021 were helped along by COVID stimulus payments and programs.

Coconino Major Industry Sales (2009-current) (xlsx)

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Coconino Bank Deposits (1994-current) (xlsx)

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Real Estate & New Home Construction

HOME PRICES & DAYS ON MARKET: In March 2023, the median price of homes sold in Coconino County was $635,000, according to National Association of Realtors. That was down 3.9% from March 2022. The median days on market in March was 54, up from 37 in March 2022. As of May 2023, there were 1,293 homes listed for sale in Coconino County, up from 1,125  in May 2022. (Data in this section updated annually; for the most recent monthly data, visit Coconino County, AZ Real Estate Market.)


NEW HOME CONSTRUCTION: In 2022, building permits were issued for 407 new single-family homes in Coconino County, down 31.7% from 2021. The average permit value in 2022 was $376,373, up 11.3% (following a 47.5% increase the year prior). For the most recent monthly data, click here.

Coconino New Residential Construction (building permits & valuation) (2003-current) (xlsx)

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Tourism

Visits & Impact

  • In 2022, visits to Grand Canyon were up 4.4% after increasing 56.5% in 2021 (that followed a COVID-related decline of 51.5% in 2020, the first year of the pandemic). Despite increases in 2021 and 2022, visits in 2022 remained down 20.8% from 2019, the year prior to the pandemic.
  • Glen Canyon visits were down 11.1% in 2022, after increasing 46.5% in 2021 (following a COVID-related drop of  37.9% in 2020). Visits in 2022 were down 19.1% from 2019. 
  • Sunset Crater Volcano visits were down 56.4% in 2022, after jumping 50.2% in 2021 (that followed a 22.8% drop in 2020). Visits to Sunset Crater Volcano in 2022 were down 49.4% from pre-COVID. 
  • Walnut Canyon visits were down 15.5% in 2022, after increasing 97.7% in 2021 (rebounding from a 29.5% drop in 2020). Visits in 2022 were up 17.8% from 2019.
  • Wupatki visits were down 6.3% in 2022 after jumping 42.0% in 2021 (after a 21.9% decline in 2020). Visits in 2022 were up 4.0% from pre-COVID.
  • Of Coconino County state parks, visits to Riordan Mansion were up 226.1% in 2022, after jumping 262.1% in 2021 (that followed an 88.3% decline in 2020), while visits to Slide Rock were down 4.5% in 2022, after increasing 59.2% in 2021 (following a COVID-related drop of 33.8% in 2020). In 2022, visits to Riordan Mansion were up 38.5% while visits to Slide Rock were up 0.6% from pre-COVID levels.   


According to research by Dean Runyan Associates for Arizona Office of Tourism, Coconino County's travel industry (including business and leisure travel) generated $1.8 billion in direct spending countywide in 2022, up 7.3% from 2021 (the year 2021 saw a 72.1% increase, rebounding from a 43.3% COVID-related drop in 2020, the first year of the pandemic). Travel-related direct spending in 2022 was at a record high (with records back to 1998, not adjusted for inflation). Coconino County's travel industry supported 13,300 jobs countywide in 2022 (up 7.3% from the year prior) with household earnings of $508.3 million (up 10.2% from 2021), according to the study.

Coconino County Travel Impacts

Travel spending in Coconino County

Coconino County Agriculture Profile

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  • Arizona Economics
  • Apache County
  • Cochise County
  • Coconino County
  • Gila County
  • Graham County
  • Greenlee County
  • La Paz County
  • Maricopa County
  • Mohave County
  • Navajo County
  • Pima County
  • Pinal County
  • Santa Cruz County
  • Yavapai County
  • Yuma County
  • AZ Census Data Library
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