Why It’s a Good Thing More People and Manufacturing Companies Move to Maricopa County
phoenix – Census data shows that one person moves into Maricopa County every five minutes.
According to the latest census data, Arizona It ranked fifth in the country with the largest increase in 2021-2022 as its population increased by about 100,000.
Scott Wilken digs into census data for Arizona’s largest county. Maricopa CountyIn recent years, a small percentage of people have migrated from states such as Illinois, Washington, Texas, New York, and Florida, but the majority have migrated from their western neighbor, California.
“I’ve been tracking it since 2010, and that time has really shortened, which means more people are coming here more often,” Wilken said. rice field.
He says 20% of households moving into the Phoenix metropolitan area are from California.
The data shows that, on average, the population migrating to Grand Canyon State is young, college-educated, and has a low median income.
“Arizona has had a reputation as a place with an older population, but over the last 20 to 30 years, we’ve really seen that change,” says Wilken.
An educated workforce will help supply dozens of new manufacturing and high-tech companies based in the Valley and Arizona. In 2022, Taiwan semiconductor manufacturing company Construction begins in North Phoenix. Intel has expanded its facilities here since his 1980s.
Electric vehicle and renewable energy companies are all calling somewhere in their home state of Arizona.
Patrick Ptak of the Arizona Commerce Authority works with businesses large and small looking to expand here. Over the past decade, our economy has gone from one of the worst in the country to one of the strongest.
“LG Energy Solution has announced a similarly sized plant in Queen Creek. Core Power is here in the West Valley. ,” said Ptak. “Arizona has traditionally been a growth-based economy. We have seen the downside of that in the Great Recession. It was one of the hit states, so adding different industries can help diversify our economy.”
The Phoenix metropolitan area has even earned a reputation as the new Silicon Valley or Silicon Desert. But whatever you call it, trade officials call it good for Arizona.
“Northern California is not a place many businesses want because of the high cost of living.
The Arizona Commerce Authority has over 300 projects in its pipeline for 2023, all manufacturing based.
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