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 projected to reach 535,014 in 2025 and 1,181,033 in 2055, according to pre-Census 2020 projections by Arizona Office of Economic Opportunity.
UNEMPLOYMENT: Pinal County's unemployment rate in 2021 was 4.7% (down from 7.3% in 2020, the first year of the COVID pandemic). At the peak of COVID business closures, the unemployment rate in Pinal County hit a high of 12.1% in April 2020. Pinal County’s unemployment rate of 4.7% in 2021 was lower than the statewide rate of 4.9% and the nationwide rate of 5.3%.
NONFARM PAYROLL EMPLOYMENT: Pinal County gained 2,200 jobs in 2021 for annual job growth of 3.6%. The private sector added 2,500 jobs (5.9%), while the government sector lost 300 jobs (-1.6%). In the private sector, goods-producing jobs were up by 975 (13.3%) while service jobs grew by 1,525 (4.4%).
Note: Labor force, employment, unemployment, and jobs data on this site are updated annually. For the most recent monthly labor market data, visit Arizona Office of Economic Opportunity.
PERSONAL INCOME: In 2020, Pinal County had a per capita personal income (PCPI) of $35,949. This PCPI ranked 14th in the state and was 72% of the state average, $49,648, and 60% of the national average, $59,510. The 2020 PCPI reflected an increase of 9.9% from 2019. The 2019-2020 state change was 8.4% and the national change was 6.2%. In 2010, the PCPI of Pinal County was $23,879 and ranked 15th in the state. The 2010-2020 compound annual growth rate of PCPI was 4.2%. The compound annual growth rate for the state was 3.9% and for the nation was 3.9%.
WAGES: The average annual wage in Pinal County in 2020 was $45,517 ($21.88 hourly), which was 85% of the Arizona statewide average wage of $53,396 ($25.67 hourly) and 81% of the national average wage of $56,310 ($27.07 hourly).
In 2021, Pinal County's retail sales were up 18.3%, on the heels of an 18.7% gain in 2020. Restaurant & bar sales were up 21.1% in 2021, following 3.0% growth the year prior. Pinal County's hotel/motel receipts were up 34.9% in 2021, strongly rebounding from the 6.3% drop in 2020.
In 2020, Pinal County produced $9,926,039 in current-dollar total GDP*. This GDP ranked 3rd in the state and accounted for 2.7% of the state total. In 2010, the total GDP of Pinal County was $6,419,802 and ranked 3rd in the state. In 2020, Pinal County real GDP grew 1.9%; the 2019-2020 state change was -1.0%. The 2010-2020 compound annual growth rate for Pinal County real GDP was 2.7%; the compound annual growth rate for the state was 2.1%.
*GDP estimates are in thousands of dollars.
HOME PRICES & DAYS ON MARKET: In March 2022, the median price of homes sold in Pinal County was $409,900, according to National Association of Realtors. That was up 32.2% from March 2021. The median days on market in March was 46, up from 42 in March 2021. As of May 2022, there were 4,643 homes listed for sale in Pinal County, up from 4,115 in June 2021 (Pinal County, AZ Real Estate Market).
NEW HOME CONSTRUCTION: In 2021, there were 7,565 building permits issued for new single-family homes in Pinal County, up 27.0% from 2020. New home permits in 2021 were at their highest level since 2005.
Visits to Casa Grande Ruins National Monument were up 11.3% in 2021, after falling 35.3% in 2020--the first year of the COVID pandemic. Visits to Lost Dutchman State Park were down 1.0% in 2021, following a 5.3% drop in 2020. McFarland State Historic Park visits were up 22.6% in 2021, after falling 55.7% in 2020. Oracle State Park visits were down 25.3% in 2021, following a drop of 3.3% in 2020. Picacho Peak visits were down 3.7% in 2021, after falling 15.3% in 2020.
According to research by Dean Runyan Associates for Arizona Office of Tourism, Pinal County's travel industry (including business and leisure travel) generated $533.6 million in direct spending in 2020, down 31.1% from 2019. Pinal County's travel industry supported 6,600 jobs (down 3.7%) countywide with earnings of $208.9 million (up 4.4%) in 2020, according to the study.
Check out Arizona Office of Tourism for research and marketing resources for the Arizona tourism industry.
In 2021, bank deposits in Pinal County (as of June 30) were up 13.2%. That followed a 16.7% gain in 2020 - its fastest rate of growth since 2005. Deposits in 2020 and 2021 were helped along by COVID stimulus payments and programs.