Pinal County, Arizona

Pinal County's population as of Census 2020 was 425,264, up 13.2% from 2010. Pinal County's population growth was the third-fastest of Arizona's 15 counties since 2010, behind only Maricopa and Greenlee. Pinal County's population is expected to reach 587,821 in 2030 and 1,230,545 in 2060, according to projections by Arizona Office of Economic Opportunity. 

PERSONAL INCOME: In 2023, Pinal County had a per capita personal income (PCPI) of $49,829. This PCPI ranked 9th in the state (of Arizona's 15 counties) and was 79.7% of the state average, $62,543, and 71.4% of the national average, $69,810. The 2023 PCPI reflected an increase of 6.3% from 2022. The 2022–2023 state change was 6.1% and the national change was 5.4%. In 2013, the PCPI of Pinal County was $27,795 and ranked 12th in the state. The 2013–2023 compound annual growth rate of PCPI was 6%. The compound annual growth rate for the state was 5.4% and for the nation was 4.6%.

GROSS DOMESTIC PRODUCT: In 2023, Pinal County produced $14.3 billion in current-dollar total Gross Domestic Product (GDP). This GDP ranked 3rd in the state (of Arizona's 15 counties) and accounted for 2.7% of the state total. From 2022 to 2023, Pinal County real GDP grew 9.0%; for all Arizona, GDP grew 3.0%. Back in 2013, the total GDP of Pinal County was $7.3 billion and ranked 3rd in the state. The 2013–2023 compound annual growth rate for Pinal County real GDP was 4.0%; the compound annual growth rate for the state was 3.5%.

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

MAJOR INDUSTRY SALES: In 2024, Pinal County's retail sales were up 2.7% following strong gains of 10.5%, 18.7%, 18.3%, 12.1%, and 9.4% in 2019, 2020, 2021, 2022, and 2023, respectively. Restaurant & bar sales were up 8.4% in 2024 following record-high growth of 21.1% in 2021 (with records back to 2009) and follow-on increases of 17.5% in 2022 and 11.2% in 2023. In 2020, the first year of the COVID pandemic, Pinal County's restaurant & bar sales were up 3.0%. Pinal County's hotel/motel receipts were up 1.0% in 2024 following record-high gains of 34.9% in 2021 and 33.8% in 2022 (that followed a 6.3% drop in 2020, the first year of the pandemic; hotel/motel receipts quickly rebounded and were at record highs from 2021 through 2024).

BANK DEPOSITS: In 2024, bank deposits in Pinal County (as of June 30) were up 1.4% from a year prior, after falling 4.6% in 2023. That followed strong gains of 16.7% in 2020, 13.2% in 2021, and 12.3% in 2022. Growth rates in those years were the highest of any three-year period on record (with records back to 1994) and were helped along by stimulus payments and other COVID programs.

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 Pinal County, visit Pinal County, AZ Real Estate Market.)

NEW HOME CONSTRUCTION: In 2023, there were 6,816 building permits issued for new single-family homes in Pinal County, up 8.4% from 2022. New home permits in 2023 were at their second-highest level since 2006 (following 2021, which saw 8,278 new single-family residential permits issued--the most since 2005). For the most recent monthly data, click here.