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Pinal County, AZ

RANK #845 / 996  ·  POP 433,338  ·  AZ

PROJECTED GROWTH: -1.0%

Pinal County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Pinal County?

Pinal County, Arizona, offers a blend of desert landscapes and mountain views, with the Superstition Mountains providing a dramatic backdrop for outdoor activities like hiking and biking. Located between Phoenix and Tucson, the county provides a quieter lifestyle while maintaining access to larger metropolitan amenities. Notable towns include Florence, the county seat with its historic district, and Maricopa, a rapidly growing community. Commute options include major interstates like I-10 and I-8, with some public transit services like Pinal Regional Area Transit (PRAT) and vanpools connecting key cities and to neighboring counties. The county's natural amenities, including state parks like Picacho Peak and Boyce Thompson Arboretum, contribute to its appeal for outdoor enthusiasts.

Life in Pinal County attracts families, retirees, and remote workers seeking affordability and a sense of community. The economy, historically rooted in agriculture and copper mining, is diversifying. Major investments are flowing into sectors such as advanced manufacturing, renewable energy, and technology, including electric vehicles and batteries. This economic expansion is creating new job opportunities and contributing to the county's revenue, supporting services for its growing population. The Pinal County School Office oversees 19 public school districts and 55 public school sites, serving over 25,000 students.

[02] Market Snapshot

Housing Ratio
9.1x

Overvalued relative to economy

GDP Growth
+10.7%

Well above national median

Home Prices
-3.2%

Prices declining

Climate & Terrain
3.4

Favorable climate & terrain

Price/Rent
12x

Below national median (13x)

Housing looks overvalued at 9.1x — home prices are high relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Pinal County U.S. National

The Numbers

DEMOGRAPHICS
Population
433,338
+3.02% YoY
Median Household Income
$73,313
Median Home Value
$268,900
-3.21% 12mo
Median Rent
$1,317
Average Annual Pay
$58,158
+3.9% YoY
Employment
77,687
+5.5% YoY
Income-to-Home-Value
0.2726
More affordable than average
Migration Inflow
5.59%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$379,995
Days on Market
88
Slower market
Months of Supply
5.1
Buyer's market
Sale-to-List Ratio
98.1%
Near asking price
Sold Above List
14.8%
Listings w/ Price Drops
30.3%
Building Permits (2024)
9,504
Single-Family Permits
8,610

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$42,900M
TOTAL
PROJECT AMOUNT STATUS
La Osa Project (Data Center & Energy Hub)
Vermaland LLC
$33,000M Proposed
LG Energy Solution Cylindrical Battery Plant
LG Energy Solution
$5,500M Under Construction
Lucid Motors Manufacturing Plant
Lucid Motors
$2,000M Operating
Eleven Mile Solar Center
Ørsted
$1,000M Completed
Eloy Valley Solar I & III
NextEra Energy Resources
$800M Planned
Valley Farms Energy Center
NextEra Energy Resources
$600M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +10.7% 98 percentile
Population Growth +3.0% 96 percentile
Income Growth +11.9% 95 percentile
Vacancy Rate 1.0% 58 percentile
Home Price Change -3.2% 8 percentile
Rent Growth +0.1% 12 percentile
Price/Rent 12x 61 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Pinal County, AZ a good place to move to?

Pinal County has a Boom Town Index score of 15/100, ranking #845 among 996 U.S. counties. With job growth at +5.5% and a median household income of $73,313, it faces some economic headwinds compared to faster-growing counties.

Is Pinal County affordable?

The median home value in Pinal County is $268,900 with median rent at $1,317/month. The income-to-home-value ratio is 0.2726, which is more affordable than the national average.

Is Pinal County growing or shrinking?

Population growth: +3.0% year-over-year. Job growth: +5.5%. Home values changed -3.2% in the past 12 months.

Are people moving to Pinal County?

Yes — 5.59% of Pinal County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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