Eight cities across metro Phoenix rank among the nation’s top 10 for economic growth, per an Aug. 20 Coworking Cafe study. From 2019–2023, the Valley logged roadway miles up 25.8%, GDP up 42%, and business applications up 61%. If you’re moving to Arizona or exploring Phoenix real estate, this is the backdrop shaping jobs, housing, and daily life. Think late-’90s boom energy, minus the dial-up modems. 🌵
Why Greater Phoenix keeps winning
“That is a really impressive showing for many of our Valley cities,” said Danny Court, principal and senior economist for Elliott D. Pollack & Co. He credits Arizona’s environment, tax climate, and economic development agencies for driving growth. The Arizona Commerce Authority adds 400+ companies are evaluating relocation or expansion here. That translates to expanding payrolls, new housing, and durable demand across Maricopa County neighborhoods.
Key takeaways for living in Phoenix
- Eight Phoenix-area cities land in the national top 10 for economic growth.
- Roadway miles up 25.8%, GDP up 42%, business applications up 61% since 2019.
- 400+ companies are considering Arizona for relocation or expansion.
- Growth supports jobs, housing delivery, and long-run demand for Phoenix real estate.
City highlights
Mesa (large city): Fourth nationally. Median earnings up 38% to $43,958; employment up 1%; crime down 9%; housing stock up 5%.
Phoenix (large city): Seventh nationally. Crime down 20%; employment up 1%; median earnings up 34% to $43,488.
Gilbert (mid-sized): No. 1 with employment rate up 2%, unemployment down 1%, housing units up 16%, education up 13%, population up 12.8%, and median earnings up 32% to $59,603.
Chandler (mid-sized): No. 5 with education up 13%, housing up 14%, crime down 24%.
Goodyear (small city): No. 1 with education up 32%, population up 29.2%, housing up 38%, employment up 1%, and median income up 30% to $50,209.
Surprise (small city): No. 4 with employment up 3%, unemployment down 2%, population up 12.3%, housing up 7%, and median income up 28% to $48,225.
Peoria (small city): No. 8 with unemployment down 2%, housing up 19%, education up 18%, population up 13.5%, and median earnings up 29% to $51,465.
Education edge for relocating families 🎓
School performance continues to drive decisions for families considering living in Phoenix. Strong rankings translate into neighborhood demand and long-run property values.
U.S. News Best High Schools 2025–2026
- Basis Phoenix: No. 17 nationally.
- Basis Chandler, Flagstaff, Oro Valley, Mesa, Scottsdale, Peoria, Ahwatukee, Prescott: All ranked in the top 100.
- University High School (Tucson): No. 92 nationally.
- Basis Tucson North & Basis Phoenix: Top 5 on the U.S. News charter list.
- Basis Chandler, Basis Peoria, Basis Tucson North: Top 5 STEM schools nationwide.
- Gilbert Classical Academy: No. 105 nationally.
- University High School (Tolleson): No. 126 nationally.
- Arizona College Prep — Erie Campus (Chandler): No. 292 nationally.
Niche rankings
Basis Scottsdale was ranked No. 1 in Arizona and No. 12 nationally for best college prep public high schools. Basis schools dominated the state rankings, reinforcing Arizona’s reputation as a magnet for high-performing academic options.
Q: What does Phoenix economic growth 2025 mean for homebuyers?
A: Strong jobs and infrastructure support steady housing demand. For moving to Arizona, compare ZIP-level pricing, schools, and commute before you buy.
Q: Is living in Phoenix a smart move in 2025?
A: Yes. Earnings growth, safety improvements, and excellent schools reinforce the Valley as a strong relocation market.
FAQ
Which Phoenix-area city ranked highest among large U.S. cities?
Mesa ranked fourth overall, with 38% earnings growth, 1% employment increase, 9% crime drop, and 5% more housing stock.
How did Phoenix itself perform?
Phoenix ranked seventh, with a 20% crime drop, 1% employment growth, and 34% increase in median earnings.
Which mid-sized suburbs stood out?
Gilbert ranked No. 1 nationwide; Chandler ranked No. 5 among mid-sized cities.
What small cities are growing fastest?
Goodyear ranked No. 1 nationwide, with Surprise No. 4 and Peoria No. 8 among small cities.
How do schools affect Phoenix real estate?
Top-ranked Basis charter schools and University High draw families, boosting demand and supporting property values.
