Arizona boasts a young workforce that is continually fed by world-class universities and a robust community college system. Arizona's median age is lower than the national median.
- The population centers are plentiful, with more than 2.5 million workers living in Greater Phoenix and Tucson metropolitan areas. (Bureau of Labor Statistics Local Area Unemployment Statistics)
- Arizona is nationally known as a top state for workforce quality and availability.
Arizona’s low cost of doing business and simplified tax system make our state the best place for business.
- Arizona’s Competitiveness Package, groundbreaking legislation adopted in 2011, created a suite of incentives, tax cuts, grants and technical assistance programs for Arizona to support corporate growth and expansion.
- Arizona’s corporate income tax rate is among the lowest in the United States at a rate of just 4.9 percent.
- Arizona has created a variety of tax programs that benefit companies with one of the lowest corporate income tax rates in the country, a 100 percent sales factor income appointment formula along with no franchise tax, no business inventory tax and no estate tax.
Arizona’s commitment to reducing red tape and paperwork makes it considerably easier for businesses to locate, expand and start up.
- Arizona has streamlined its regulatory system and repealed overly burdensome regulations to make it easier to do business in the state.
- The state recently made fundamental changes in the administration of Arizona's sales-tax system (Transaction Privilege Tax) that streamlined tax collection and eliminated the need for multiple tax licenses, tax returns and tax audits.
Arizona has an incredible geographic advantage when it comes to accessing major world markets.
- Location, location, location: Arizona is located near some of the world’s largest economies including California (No.6) and Texas (No.11). (Bureau of Economic Analysis; World Bank)
- Arizona is among the few states in the nation within a day's drive of those major world markets.
- Trucks originating in Arizona are capable of reaching 65 million people in a one-day drive, making market access particularly convenient.