Metro Phoenix Market Overview 2024

The Phoenix metropolitan area is a vibrant community and economic hub, attracting
new residents and businesses alike. Today, the region is home to five million residents
and continues to grow. The Phoenix MSA is the second fastest growing metro in
the nation and ranks 10th in total population. The metro remains attractive not only
because of its competitive advantage regarding cost, but also because of an overall
value proposition, which includes its talent pool, quality of life and infrastructure.