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Peoria - A Great Place to Live
DemographicsPeoria is one of the fastest growing cities in Arizona almost doubling its population size during the 10-year period between 1995 and 2005. This rapid population growth in Peoria and the surrounding metropolitan area has resulted in an abundant labor force that boasts an educated labor pool that is younger than the national average. Although more than half of Peoria’s residents have more than one year of college education, the area is home to a wide range of workers, including traditional blue-collar workers, skilled and unskilled workers and professionals in a wide variety of fields.
Population Over Time
| City |
1995 |
2000 |
2005 |
2010 |
| Peoria |
74,565 |
108,364 |
138,143 |
172,793 |
| West Valley |
380,849 |
474,057 |
698,202 |
922,346 |
| Metro Phoenix |
2,438,214 |
2,895,450 |
3,452,642 |
4,009,834 |
Peoria Household Characteristics
| Number of Households |
51,748 |
| Median Household Income 2007 |
$66,359 |
| Education attainment |
|
| Graduate Degree |
7.9% |
| Bachelor Degree Only |
16.0% |
| Associate Degree Only |
10.2% |
| High School Graduate |
29.0% |
|
| Median Age Distribution |
35.2 |
| Under 5 |
7.6% |
| 5-19 |
22.8% |
| 20-64 |
55.8% |
| Over 65 |
13.8% |
|
| Median Price (single family
home)* |
|
| Resale Home |
$230,000 |
| New Home |
$289,990 |
|
*Source - Q1 2008 ASU Realty Studies
Peoria Growth Indicators
| |
1995 |
2000 |
2005 |
2010 |
| Taxable Sales* |
$ 1 Billion |
$1.8 Billion |
$3.1 Billion |
$4.5 Billion |
| CIP Infrastructure Investment |
$11 Billion |
$24.1 Billion |
$47.4 Billion |
$81.5 Billion |
*Sales tax in Peoria is 8.1% (5.6%
state; 0.7% county; 1.8% City of Peoria)
For
specific demographics/reports, please contact Steve
Bleyer at 623-773-7642.
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