Arizona is one of the most desirable places for new settlers in the United States.
With a booming economy and lower cost of living, managing finances becomes easier in the Grand Canyon State. Additionally, it enables wider access to recreational activities and guarantees pleasant weather throughout the year.
Hence, it is well-known for ensuring an excellent quality of life for its residents.
The past few years have witnessed several cities in Arizona experiencing significant prosperity.
Let us walk you through the top five among them!
1. Gilbert
In the last decade, the city of Gilbert has transformed from a small town to a strong community that boasts both convenience and comfort to its residents.
Known for its well-established commute network, easy travel, long-running performing arts theatres and convenient shopping, Gilbert is the most preferred among the growing towns in Arizona by families.
It also takes immense pride in building a sustainable environment. Riparian Preserve at Water Ranch is a spectacular eco-friendly initiative. Through research and developmental activities, it aims to protect and preserve the riparian habitat. It also offers educational and recreational programs for the visitors, promoting tourism.
More than half of the population in Gilbert is affluent and well-versed in managing finances. No wonder this young and flourishing city projects a median household income of $121,351!
2. Chandler
Well, in this city, art means business!
Over the years, Chandler has built a thriving community solely through art.
The arts and culture sector in Chandler generated a substantial $12.1 million in 2022.
This brings in tourists and strengthens the visitor economy. Driving in local commerce thus becomes a cushy job for the city’s administration.
3. Scottsdale
With a plethora of golf courses and holiday resorts finding their way to Scottsdale, it is an eye candy for the wealthiest retirees, business owners and professionals.
Fondly referred to as The West’s Most Western Town, this city’s focus has been on maintaining its natural environment while fostering prosperity for all its residents. The Scottsdale government has prioritized economic programs and funding to encourage diversity through tourism and cultural events.
The city has been investing in the right places, like establishing its Stadium’s brand image, organizing vendor shows, and establishing a solid digital presence for the Scottsdale Civic Centre.
These developments attract the wealthy generation, who have formed the enhanced tax base of the community.
4. Mesa
At the heart of Mesa lies a robust, sustainable and distinctive economy.
Mesa has been successful in retaining businesses and drawing in new, profitable ventures by intentionally creating high-entrepreneurial opportunities.
The city is a hub for industries like healthcare, education, defense, tourism, and technology because of its quality infrastructure, adaptability to global marketing trends, and talented workforce.
By forging a city of innovative companies and wealthy businessmen, Mesa can keep its residents from migrating to other cities in search of quality work and good pay.
5. Phoenix
Unquestionably, Arizona cities are leading the nation in growth. Among them, Phoenix is a success story you can’t miss!
With half a million new job opportunities created in a short period, the computer chip industry of Phoenix has driven the economy into prosperity.
There is also a significant improvement in the rail network, with one line reaching to the western suburbs.
A walk through this city would open your eyes to rapid industrial and residential development. You’ll often come across cranes dotting the urban area and plenty of universities expanding their buildings to accommodate new intakes.
Conclusion
This list of cities, spread across the beautiful state of Arizona, includes some of the wealthiest in the state.
The well-laid-out urban planning and policies have led to rapid growth. And their future looks just as prosperous as today.
So, if you are keen on living a life where managing finances is a cakewalk, and freedom and flexibility are assured, better head to the Sunshine State, Arizona!
