American Financial Services Association - Arizona
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Arizona

Arizona

Arizona (AZ)


Capital: Phoenix

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State Code

Facts & Statistics

STATE STATISTICS
Population 2023 7,431,344
Population 2022 7,359,197
Population 2021 7,264,877
Population 2020 7,421,401
Population 2019 7,278,717
Population 2018 7,171,646
Population 2017 7,048,876
Population 2016 6,945,452
Below Poverty 2022 12.5
Below Poverty 2021 12.8
Below Poverty 2020 14.1
Below Poverty 2019 13.5
Below Poverty 2018 12.8
Below Poverty 2017 14.9
Below Poverty 2016 16.4
Employment – Population Ratio 2022 58.5
Employment – Population Ratio 2021 57.3
Employment – Population Ratio 2020 59.1
Employment – Population Ratio 2019 59.2
Employment – Population Ratio 2018 58.4
Employment – Population Ratio 2017 57.6
Employment – Population Ratio 2016 57.1
Unemployed 2022 3.7
Unemployed 2021 6.1
Unemployed 2020 7.5
Unemployed 2019 4.7
Unemployed 2018 4.8
Unemployed 2017 4.9
Unemployed 2016 5.4
Foreclosure Rate 2024 1 of 1780
Foreclosure Rate 2021 1 of 961
Foreclosure Rate 2018 1 of 1,890
Median Household Income 2021 70,821
Median Individual Income 2022 58,462
High School Graduation Rate 2023 75.71
High School Graduation Rate 2022 76.6
High School Graduation Rate 2021 75.71
High School Graduation Rate 2020 77.3
High School Graduation Rate 2019 77.8
High School Graduation Rate 2018 78.7
Median Mortgage Payment 2021 1,544
GDP 2023 414.27 Billion
GDP 2022 403.47 Billion
GDP 2021 390.81 Billion
GDP 2020 362.60 Billion
GDP 2019 359.65 Billion
GDP 2018 346.40 Billion
STATE FACTS
The Castilian and Burgundian flags of Spain, the Mexican flag, the confederate flag, and the flag of the United States have all flown over the land area that became Arizona.
Arizona’s most abundant mineral is copper.
Located in Fountain Hills is a fountain believed to be the tallest in the world.

 

Government

ELECTED OFFICIALS
Governor Katie Hobbs (D)
Lieutenant Governor N/A
Attorney General Kris Mayes (D)
Secretary of State Adrian Fontes (D)
State Senate Control R – 16; D – 14
State House Control R – 31; D – 29

Legislative Process

LEGISLATIVE DATES AND DEADLINES
Convenes January 8, 2024
Sine Die Adjournment June 15, 2024
Committee Action Deadlines N/A
Crossover Deadline N/A
Carryover from Previous Session No
Governor’s Signing Deadline (in session) Five days, Sundays excepted
Governor’s Signing Deadline (after adjournment) 10 days, Sundays excepted
Veto Override 2/3 majority 
Legislation Effective Date 90 days after adjournment 

 

Notable Laws & Legislation

Security Breach Notification Law
Retail Installment Sales Contract Law
Debt Collection Ballot Initiative

Enforcement

  • Arizona AG Judgment with Vehicle Dealer re: Ancillary Products (March 10, 2022)
  • Arizona AG Judgment with Payday Lender re: Bank Partnership (March 9, 2022)
  • Arizona AG Lawsuit v. Debt Collector re: Communications (September 29, 2020)

Trade Associations

There are currently no partner industry associations in Arizona

Political Geography


Map of Legislative Districts
(Click to Enlarge)

County Map
(Click to Enlarge)