Arizona’s diverse economy is supported by a wide range of industries, offering many opportunities for job seekers and entrepreneurs alike. Whether you’re browsing homes for sale in Phoenix or apartments in Tucson, understanding Arizona’s key industries will help you decide if this vibrant state is right for you. will help you. Moving to the Grand Canyon State promises access to booming sectors such as finance, retail, health care, and education. Arizona generates billions of dollars in economy each year and offers a combination of innovation, stability, and growth. Here’s a closer look at the industries that make up Arizona’s economy and the types of jobs they provide.
Arizona Overview: Home Prices, Income, and Employment
Top Employers in Arizona
Arizona: 40,200 employees Walmart: 36,800 employees Banner Health: 28,300 employees U.S. Department of the Air Force: 21,900 employees Kroger: 21,100 employees
Arizona’s 10 Major Industries
1. Third Party Administrators and Claims Adjusters
Key Companies: Sedgwick (office in Phoenix), CorVel Corporation (office in Phoenix), Matrix Absence Management (Phoenix)
This industry plays an important role in Arizona, employing professionals skilled in claims processing and risk management. Sedgwick and CorVel offer roles such as claims adjuster, case manager, and risk analyst. Arizona’s population growth has increased the demand for insurance services, making this field a stable career path. With plenty of opportunities for career advancement, this industry attracts professionals looking for stable employment. Job seekers can benefit from proximity to local offices and the state’s affordable living options.
Considering moving to Arizona to work in this industry? Consider homes for sale in Phoenix or Gilbert.
2. Automobile retail industry
Key Companies: Earnhardt Auto Centers (Chandler), Sanderson Ford (Glendale), Chapman Automotive Group (Phoenix)
New car dealers make a significant contribution to Arizona’s economy by creating sales, service and management jobs. Companies such as Chandler-based Earnhardt Auto Centers and Chapman Automotive Group offer positions to salespeople, technicians and financial managers. Arizona’s love of cars and its extensive road system keep the auto industry thriving. Buyers and renters appreciate access to reliable transportation, essential for navigating the state’s vast cities and suburbs. Arizona’s auto sales sector is also benefiting from strong economic conditions and a steady influx of new residents.
Considering moving to Arizona to work in this industry? Consider homes for sale in Chandler or Glendale.
3. Pharmaceuticals, cosmetics, and toiletries
Key Companies: Isagenix International (Gilbert), PureKana (Scottsdale), Plexus Worldwide (Scottsdale)
The industry spans pharmaceuticals, skin care, and wellness products, and major employers like Isagenix and Plexus offer jobs in production, marketing, and research. Arizona’s focus on innovation makes it a hub for companies in this sector. For new entrants, this translates into opportunities in a fast-growing field that values creativity and sustainability. Access to thriving businesses also boosts the local real estate market, making it attractive to job-seeking homebuyers.
Considering moving to Arizona to work in this industry? Consider homes for sale in Gilbert or Scottsdale.
4. Healthcare
Major companies: Banner Health (Phoenix), HonorHealth (Scottsdale), Dignity Health (headquartered out of state, based in Arizona)
Arizona’s health care sector is one of the fastest growing industries, driven by the state’s aging population. Banner Health in Phoenix and HonorHealth, based in Scottsdale, provide jobs for nurses, doctors and administrative staff and make significant contributions to the local economy. In 2023, 16% of jobs in Arizona were in health care workers. Access to quality health care facilities is a major benefit for families moving to the state. Strong industry growth continues to attract skilled professionals and drive housing demand in major cities.
Considering moving to Arizona to work in this industry? Consider homes for sale in Phoenix or Scottsdale.
5. Commercial banking
Major companies: Western Alliance Bancorporation (Phoenix), National Bank of Arizona (Phoenix), Bank of the West (headquartered out of state, based in Arizona)
Arizona’s commercial banking sector offers jobs in financial analysis, customer service, loan processing, and more. Companies like Western Alliance Bancorporation provide career growth opportunities for industry professionals. Banking supports local business and new development, making Arizona more attractive to entrepreneurs. The state’s stable financial institutions make it a great location for professionals looking for long-term employment. Arizona’s housing market complements the high demand for skilled workers in the financial sector.
Considering moving to Arizona to work in this industry? Consider homes for sale in Phoenix or Glendale.
6. Public education
Major Employers: Mesa Public Schools (Mesa), Tucson Unified School District (Tucson), Phoenix Union High School District (Phoenix)
Arizona’s public education system employs thousands of teachers, administrators, and support staff. Mesa Public Schools, the state’s largest school district, offers a wide range of career opportunities. In 2023, Arizona allocated $8.4 billion for K-12 education. House hunters who move to Arizona benefit from an improved education system and the opportunity to work in a rewarding field. The availability of quality schools supports local housing demand, especially in suburban areas.
Considering moving to Arizona to work in this industry? Consider homes for sale in Mesa or Tucson.
7. Warehouse Club and Supercenter
Major companies: Costco Wholesale, Walmart, Sam’s Club (all based outside of Arizona, with locations throughout the state)
Warehouse clubs and supercenters dominate the retail industry in Arizona, employing sales, logistics, and customer service workers. Companies like Walmart and Sam’s Club offer stable hourly positions and management tracks. This sector generates significant tax revenue and supports local economies across the state. Access to retail hubs is extremely convenient for renters and home buyers looking to live in Arizona. Arizona’s rapid population growth continues to drive the expansion of this industry.
Considering moving to Arizona to work in this industry? Consider homes for sale in Phoenix or Gilbert.
8. Liability and direct insurance
Major Companies: CopperPoint Insurance Companies (Phoenix), American Reliable Insurance Company (Scottsdale), MAPFRE Insurance (based in Arizona, headquartered out of state)
Property and casualty insurance companies offer jobs in underwriting, claims management, and customer support. CopperPoint Insurance and American Reliable are leaders in this space, serving both businesses and residents. This industry ensures economic security for Arizona’s growing homeowner base. For job seekers, we offer competitive roles and advancement opportunities. The importance of this sector makes it a key driver of Arizona’s economic stability.
Considering moving to Arizona to work in this industry? Consider homes for sale in Phoenix or Scottsdale.
9. Supermarkets and grocery stores
Major companies: Bashas’ (Chandler), Sprouts Farmers Market (Phoenix), Fry’s Food Stores (headquartered out of state, based in Arizona)
Grocery chains employ workers in administration, logistics, and food safety. Bashas and Sprouts Farmers Markets are prominent local employers supporting Arizona’s growing communities. In 2022, the state’s grocery industry generated more than $8 billion in revenue. Arizona’s friendly neighborhoods and strong food markets are attractive to prospective residents. Ensuring access to fresh, affordable food improves quality of life.
Considering moving to Arizona to work in this industry? Consider homes for sale in Chandler or Phoenix.
10. Health and Medical Insurance
Major companies: Blue Cross Blue Shield of Arizona (Phoenix), Cigna (based in Arizona, headquartered out of state), Aetna (based in Arizona, headquartered out of state)
Health insurance companies provide important services to Arizona’s diverse population. Blue Cross Blue Shield of Arizona is a leading employer offering claims processing, IT, and customer service roles. The state’s competitive insurance market benefits residents by keeping premiums reasonable. Arizona’s focus on healthcare innovation ensures continued growth in this area. This industry offers stable employment and good benefits for those considering immigrating.
Considering moving to Arizona to work in this industry? Consider homes for sale in Phoenix or Mesa.
