Yavapai County, Arizona

Yavapai County's population as of Census 2020 was 236,209, up 11.9% from 2010 (the fourth-fastest population growth of Arizona's 15 counties). Yavapai County's population is expected to reach 277,268 in 2030 and 347,985 in 2060, according to projections by Arizona Office of Economic Opportunity. 

PERSONAL INCOME: In 2023, Yavapai County had a per capita personal income (PCPI) of $55,913. This PCPI ranked 6th in the state (of Arizona's 15 counties) and was 89.4% of the state average, $62,543, and 80.1% of the national average, $69,810. The 2023 PCPI reflected an increase of 7.7% from 2022. The 2022–2023 state change was 6.1% and the national change was 5.4%. In 2013, the PCPI of Yavapai County was $32,352 and ranked 7th in the state. The 2013–2023 compound annual growth rate of PCPI was 5.6%. The compound annual growth rate for the state was 5.4% and for the nation was 4.6%.

GROSS DOMESTIC PRODUCT: In 2023, Yavapai County produced $10.8 billion in current-dollar total Gross Domestic Product (GDP). This GDP ranked 4th in the state (of Arizona's 15 counties) and accounted for 2.1% of the state total. From 2022 to 2023, Yavapai County real GDP grew 3.0%; for all Arizona, GDP grew 3.0%. Back in 2013, the total GDP of Yavapai County was $5.8 billion and ranked 6th in the state. The 2013–2023 compound annual growth rate for Yavapai County real GDP was 2.9%; the compound annual growth rate for the state was 3.5%.

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

MAJOR INDUSTRY SALES: In 2024, Yavapai County's retail sales were up 0.3% after record-high growth of 13.0% and 18.0% in 2020 and 2021, respectively (with records back to 2009) and follow-on gains of 6.3% in 2022 and 2.9% in 2023. Restaurant & bar sales were up 1.4% in 2024 following growth of 29.4% in 2021, 11.3% in 2022, and 7.1% in 2023 (rebounding from a COVID-related drop of 7.5% in 2020, the first year of the pandemic). Hotel/motel receipts were up 4.1% in 2024 after falling 1.8% in 2023 (that followed gains of 69.9% in 2021 and 11.7% in 2022 after a 9.8% COVID-related decline in 2020). Yavapai County's restaurant & bar and hotel/motel industries quickly recovered from the COVID declines with sales at record highs from 2021 through 2024.

BANK DEPOSITS: In 2024, bank deposits in Yavapai County (as of June 30) were down 1.7% from a year prior, after falling 7.0% in 2023. That followed strong gains of 17.1% in 2020, 13.1% in 2021, and 13.7% in 2022. Growth rates in those years were the highest of any 3-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 Yavapai County, visit Yavapai County, AZ Real Estate Market.)

NEW HOME CONSTRUCTION: In 2023, there were 1,218 building permits issued for new single-family homes in Yavapai County, down 30.2% from 2022. The average permit value in 2023 was $333,089 (does not include value of land), down 2.6% from the year prior. For the most recent monthly data, click here.