La Paz County, Arizona

La Paz  County's population as of Census 2020 was 16,557, down 19.2% from 2010 (the largest population decline of Arizona's 15 counties). From 2020 to 2025, the countywide population increased by 4.1% to 17,273, according to estimates by Arizona Office of Economic Opportunity (OEO). La Paz County's population is expected to drop to 17,228 in 2030 and 17,366 in 2060, according to OEO projections. 

PERSONAL INCOME: In 2024, La Paz County had a per capita personal income (PCPI) of $57,451. This PCPI ranked 6th in the state and was 87.3% of the state average, $65,798, and 78.5% of the national average, $73,204. The 2024 PCPI reflected an increase of 0.8% from 2023. The 2023–2024 state change was 4.4% and the national change was 4.6%. Back in 2014, the PCPI of La Paz County was $30,640 and ranked 9th in the state. The 2014–2024 compound annual growth rate of PCPI was 6.5%. The compound annual growth rate for the state was 5.6% and for the nation was 4.7%.

GROSS DOMESTIC PRODUCT: In 2024, La Paz County produced $848.5 million in current-dollar total GDP. This GDP ranked 15th in the state and accounted for 0.1% of the state total. Back in 2014, the total GDP of La Paz County was $557.4 million and ranked 15th in the state. In 2024, La Paz County real GDP fell 0.2%; the 2023–2024 state change was 4.5%. The 2014–2024 compound annual growth rate for La Paz County real GDP was 0.8%; the compound annual growth rate for the state was 4.0%.

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

MAJOR INDUSTRY SALES

• In 2025, La Paz County's retail sales totaled $222.3 million, down 3.8% from the year prior after growing 9.3% in 2022, 9.7% in 2023, and 5.6% in 2024. Retail sales in 2024 were at a record high (with records back to 2009) before declining in 2025.
• Restaurant & bar sales in La Paz County totaled $64.8 million in 2025, down 2.1% from the year prior following growth of 22.7% in 2021, 28.5% in 2022, 6.8% in 2023, and 3.1% in 2024 (that was after a 2.1% decline in 2020, the first year of the COVID pandemic). Restaurant and bar sales growth rates in 2021 and 2022 were at record highs (with records back to 2009) and sales in 2024 were at a record high before declining in 2025. 
• Hotel/motel receipts totaled $17.3 million in 2025, up 4.2% from the year prior after falling 6.4% in 2023 and 0.6% in 2024 (that followed gains of 23.6% in 2020, 16.6% in 2021, and 5.3% in 2022). La Paz County's lodging industry did not decline in 2020, the first year of the COVID pandemic, but instead saw the second-highest rate of growth on record that year (with records back to 2009).

BANK DEPOSITS

• In 2025, bank deposits in La Paz County (as of June 30) totaled $199.8 million, down 24.6% from a year prior, after falling 24.7% in 2023 and 23.3% in 2024. That followed growth of 18.9% in 2021 and 6.4% in 2022. Deposits in those years were helped along by stimulus payments and other COVID programs. 
• Deposits at banks in La Paz County in 2025 were at their lowest level since 2010 and were down 56.5% from the peak in 2022.

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 La Paz County, visit La Paz County, AZ Real Estate Market.)

NEW HOME CONSTRUCTION: In 2023, there were 41 building permits issued for new single-family homes in La Paz County, up from 34 in 2022 and 33 in 2021. See downloadable spreadsheets below for current and historical annual building permit data.