Home prices continued to rise in the Tucson Metropolitan Statistical Area (MSA) and across the nation in 2018. Tucson’s median home price increased by 6.0 percent, rising from $210,300 in 2017 to $223,000 in 2018. When compared across 12 peer...
In 2018, the average electricity price in Arizona was 12.8 cents per kilowatt-hour (kWh). Arizona tied with New Mexico for the second highest price among western states, just behind the nation. California’s price of 18.9 cents (kWh) was the highest...
How affordable is housing in Tucson? It depends on who you ask and what data you explore. In this article we review the key measures of affordability and what they mean for the Tucson region. Further, we will explore how...
The median sales price of existing single-family homes in the Tucson Metropolitan Statistical Area (MSA) has steadily increased since the end of the Great Recession. Tucson’s median home price of $223,000 in 2018 was at an eleven-year high and just...
In 2017, the Tucson Metropolitan Statistical Area (MSA) ranked ninth out of 12 comparable western MSAs in the labor force participation rate for the working-age population (25-54). Tucson’s rate of 80.2 percent was a 0.9 percentage point increase since 2009...
Tucson’s median wage for all occupations was $35,430 in 2018, which ranked Tucson eighth among the 12 metropolitan areas tracked on the MAP Dashboard. Denver posted the highest median wage at $45,420, nearly $10,000 more than Tucson. In Tucson, the...
In 2018, the Tucson metropolitan area added over 4,000 jobs, which translated into 1.2 percent growth. That moved Tucson to 11th place among peer western metropolitan areas, a decline from 10th in 2017 but better than its last place ranking...
In 2018, 66.2 percent of single-family homes sold in Tucson were affordable to a family earning the median income. That ranked Tucson second among peer western metropolitan areas in housing affordability, just below Albuquerque but better than Phoenix. This is...
The partial federal government shutdown has focused attention on the federal workforce. According to the MAP Dashboard, state, local, and federal government jobs accounted for 20.0 percent of Tucson’s employment in 2017. Federal civilian employees represented 3.3 percent of total...