Thinking about moving to Tucson?
You’ll be in good company. Between 2010 and 2016, more than 10,590 people have moved to Tucson, an increase of 2.0%. New residents are attracted to Tucson’s year-round sunshine, charming neighborhoods, youthful energy, and outdoor adventures.
Tucson offers many of the same perks as its big brother Phoenix: lots of sun, warm winters, and affordable living. But Tucson one-ups Phoenix in a number of ways: it’s more historical, has more of a small-town feel, offers better access to nature, and is cheaper. Thanks to the University of Arizona, Tucson has a youthful edge, with all the hip bars, restaurants, and shopping you’d expect of a college town. Tucson is also a cultural melting pot, with American Indian, Mexican, and Anglo influences infusing its culture.
Tucson is home to 530,706 Tucsonans. With an area of 226.7 square miles, Tucson has a population density of 2,341 persons per square mile, which makes it less dense than many other cities of comparable size.
The Tucson, AZ Metropolitan Statistical Area boasts a population of 1,016,206 people, of which Tucson proper’s population makes up 52%.
One of Tucson’s greatest strengths is its relatively affordable housing market. The median home value in Tucson is $165,500, -17% below the US median value, according to Zillow. The median price per square foot in Tucson is $113. Over the past 5 years, home values in Tucson have increased by 6%.
Renters in Tucson will also have an easy time finding affordable housing. The median rent in Tucson is $1,150 per month, which is 20% lower than the US median. Over the past year, rental rates in Tucson have increased by 10.0%.
Tucson’s economy has been a bit sluggish over the past few years. The Tucson metro area’s GDP shrank by 1% between 2010 and 2015, from $33 billion in 2010 to $32 billion in 2015, a total decrease of -$1 billion. The metro area has a per capita GDP of $31,956. According to the US Census Bureau, the median household income in Tucson, AZ is $46,162, 41% lower than the national median. Tucson’s unemployment rate is 4.9%.