Regional Comparisons

Print
Press Enter to show all options, press Tab go to next option

How Peoria Compares in workforce and in wages

The adult population of Peoria and its 30-minute central labor shed is well educated, with a higher percentage of residents having 12 to 15 years of education compared to the county and national averages.

  • 17.9% of Peoria residents have a bachelor’s degree
  • 9.3% of Peoria residents have a graduate degree
  • 15.9% of Peoria residents have a bachelor’s degree (within 30-minute commute zone of 83rd Avenue/Bell Road)
  • 8.1% of Peoria residents have a graduate degree (within 30-minute commute zone of 83rd Avenue/Bell Road)
  • In 2014, 5.8% of jobs within a 30-minute commute zone of 83rd Avenue/Bell Road were in the professional/scientific/technical services industry
  • Between 2000 and 2014 tech-related jobs within a 30-minute commute zone of 83rd Avenue/Bell Road increased to a total of 14,407 jobs
    (source: EDIS II)

With a skilled workforce, moderate wages, and low office lease costs, Peoria can offer significant benefits to technology companies looking to relocate. Peoria’s market dynamism score is above average at 8 on a scale of 0 to 14, which is reflective of the local opportunities and recent growth in technology companies and jobs. Peoria is by far the low cost option for both business and workforce attraction costs, when compared to comparable cities.

  • Peoria ranks 1st with a cost of living index of 93.6
  • Peoria ranks 2nd with a median single family house price of $217,900
  • Peoria ranks 1st with average apartment rent of $841/month
  • Peoria ranks second with a business cost index (KPMG) of 96.7
  • Peoria ranks 3rd with a tech company labor cost factor of $91,380
  • Peoria ranks 2nd with tech company lease cost factor of $3,936

 For questions, please contact Kirsten Hall 623.773.5210, or email, Kirsten.hall@peoriaaz.gov