{"id":232,"date":"2026-06-16T14:04:06","date_gmt":"2026-06-16T14:04:06","guid":{"rendered":"https:\/\/phoenixrelocationnews.com\/?p=232"},"modified":"2026-06-16T14:04:06","modified_gmt":"2026-06-16T14:04:06","slug":"heres-how-much-arizona-wages-have-grown-over-the-past-5-years","status":"publish","type":"post","link":"https:\/\/phoenixrelocationnews.com\/?p=232","title":{"rendered":"Here\u2019s how much Arizona wages have grown over the past 5 years"},"content":{"rendered":"
\n

The average Arizonan likely has a higher paycheck hitting their account every two weeks. However, for many, it doesn\u2019t feel like it.\u00a0<\/p>\n

Read more Phoenix sued again over parks ordinance restricting homeless aid<\/a><\/p>\n

Over the last five years, everything has gotten more expensive as the costs of housing, groceries, gas and other living essentials have continued to rise. Since February 2021 \u2014 when Arizonans lined up in droves in their cars to get vaccinated against COVID-19 at State Farm Stadium \u2014 nationwide inflation has risen by 24%.\u00a0<\/p>\n

Only 28 states have seen their median wages increase at a rate matching inflation over the past five years, according to a study by the financial technology company MoneyLion. Arizona is one of those states, but just barely.<\/p>\n

The study relied on the Bureau of Labor Statistics Occupational Employment and Wage Statistics data for each state from the years 2016, 2019, 2021, 2024 and 2026. It found that wage growth across the country has been uneven. Some states, like Idaho and Mississippi, have seen notable income gains. Others, like Maryland and California, are significantly trailing behind the county\u2019s inflation rate, spelling trouble for their residents.<\/p>\n

Arizona falls somewhere in between. The Grand Canyon State ranks 26th in the nation for wage increases, based on the percentage change in weekly earnings over the last five years, according to MoneyLion\u2019s study.<\/p>\n

According to the Bureau of Labor Statistics, Arizonans earned a median of $1,213 in usual weekly earnings in February 2026, which is 25% higher than five years prior. Usual weekly earnings are a worker\u2019s earnings \u2014 including overtime pay, commissions or tips \u2014 before taxes and other deductions, such as insurance. This wage increase means Arizona\u2019s average wages beat inflation by one percentage point.<\/p>\n

Read more Joe Arpaio\u2019s 94th birthday party was rife with scuzzy has-beens<\/a><\/p>\n

Nationwide, the full-time workers brought home $1,235 in median weekly earnings for the first quarter of 2026, according to the Bureau of Labor Statistics.\u00a0<\/p>\n

Five years ago, the median Arizona resident typically earned $905 per week, according to the study. The average worker brings home an additional $308 compared to five years ago. Over a 10-year period, Arizonans\u2019 weekly earnings have increased by more than 50%, outpacing inflation, which rose by 31% over the same period. In February 2016, Arizonans brought home a median weekly wage of $600.<\/p>\n

As with inflation, Arizonans\u2019 usual weekly wage rate closely tracks the state\u2019s rising housing costs. According to the Federal Reserve Bank of St. Louis, the median listing price for homes in Arizona has risen by more than 21% over the past five years, with the February 2026 median listing price at $474,975. That\u2019s only four percentage points lower than residents\u2019 wage growth over the same period.<\/p>\n

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However, the state\u2019s rental market has outpaced inflation by six percentage points. According to data from Zillow\u2019s Observed Rent Index, rent for the average rental property of all types has increased by more than 30% in the last five years.\u00a0<\/p>\n

A 25% raise in the last five years sounds significant. However, don\u2019t go on a spending spree \u2014 you\u2019re basically making the same amount of money.<\/p>\n

Read more What is a haboob? What you should know about Arizona\u2019s dust storms<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Arizona wages have just barely stayed ahead of inflation, according to a new study by the financial site MoneyLion.<\/p>\n","protected":false},"author":1,"featured_media":231,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nHere\u2019s how much Arizona wages have grown over the past 5 years - Phoenix Relocation News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/phoenixrelocationnews.com\/?p=232\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Here\u2019s how much Arizona wages have grown over the past 5 years - Phoenix Relocation News\" \/>\n<meta property=\"og:description\" content=\"Arizona wages have just barely stayed ahead of inflation, according to a new study by the financial site MoneyLion.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/phoenixrelocationnews.com\/?p=232\" \/>\n<meta property=\"og:site_name\" content=\"Phoenix Relocation News\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-16T14:04:06+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/phoenixrelocationnews.com\\\/?p=232#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/phoenixrelocationnews.com\\\/?p=232\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/phoenixrelocationnews.com\\\/#\\\/schema\\\/person\\\/b18a6d477e57bdeec7b4b61a70eace7b\"},\"headline\":\"Here\u2019s how much Arizona wages have grown over the past 5 years\",\"datePublished\":\"2026-06-16T14:04:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/phoenixrelocationnews.com\\\/?p=232\"},\"wordCount\":532,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/phoenixrelocationnews.com\\\/?p=232#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/phoenixrelocationnews.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/7be0a616216a7f4fb6c21513211b7c8c.webp\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/phoenixrelocationnews.com\\\/?p=232#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/phoenixrelocationnews.com\\\/?p=232\",\"url\":\"https:\\\/\\\/phoenixrelocationnews.com\\\/?p=232\",\"name\":\"Here\u2019s how much Arizona wages have grown over the past 5 years - 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