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Pinal County, AZ

North Pinal

RANK #788 / 996 NAT  ·  #10 / 11 AZ  ·  POP 433,338

1YR FORECAST: -1.6%

5YR OUTLOOK: +16%

#15 Highest GDP Growth #45 Fastest Growing
Our model projects Pinal County's housing market at -1.6% over the next year, underperforming most U.S. counties.

[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] Top Employers

  1. 1
    Pinal County Government Government
    5,000+
  2. 2
    LG Energy Solution Manufacturing
    2,500+
  3. 3
    Lucid Motors Manufacturing
  4. 4
    Walmart Retail
    1,000+
  5. 5
    CoreCivic Other
  6. 6
    Queen Creek Unified School District Education
  7. 7
    Banner Health Healthcare
    500+
  8. 8
    Procter & Gamble Manufacturing
  9. 9
    Kohler Manufacturing Plant Manufacturing
    250+
  10. 10
    Nikola Motors Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
21.4%
of residents (national avg: 33%)

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] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
6.1
per 100K · nat avg 6.3
Firearm Fatalities
17.4
per 100K · nat avg 14.8
Injury Deaths
82.3
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

D
AIR QUALITY
GRADE
Median AQI (3yr)
65.0
Moderate
Good Air Days
25%
272 of 1,095 days
Unhealthy+ Days (3yr)
134
Includes 7 Very Unhealthy
Primary Pollutant
PM10
Coarse particulate matter
Yearly Trend
2021
70
2022
61
2023
64
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] 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.

[09] Frequently Asked Questions

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

At 20/100, Pinal County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $73,313 combined with job growth of +5.5% suggests the local economy is struggling to keep pace with national trends.

Is Pinal County affordable?

Housing in Pinal County is roughly in line with national affordability norms. The median home costs $268,900 and the income-to-home-value ratio sits at 0.27, with rents averaging $1,317/month. Not a bargain, but not a stretch for most local earners either.

Is Pinal County growing or shrinking?

Pinal County is growing on multiple fronts. Population is up +3.0% year-over-year while employers added jobs at a +5.5% clip. Home values shifted -3.2% in the past year.

Are people moving to Pinal County?

In significant numbers — 5.59% of Pinal County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[10] Similar Counties by Size & Score

Maricopa County, AZ 21 Pima County, AZ 18 Coconino County, AZ 30 Cochise County, AZ 37 Navajo County, AZ 39 Yavapai County, AZ 42 Brazoria County, TX 20 Alachua County, FL 20