Economy of Arizona
The 2011 total gross state product was $259 billion. This figure gives Arizona a larger economy than such countries as Ireland, Finland, and New Zealand.[ dubious ] The composition of the state's economy is moderately diverse; although health care, transportation and the government remain the largest sectors.
The state's per capita income is $40,828, ranking 39th in the U.S. The state had a median household income of $50,448, making it 22nd in the country and just below the U.S. national mean.  Early in its history, Arizona's economy relied on the "five C's": copper (see Copper mining in Arizona), cotton, cattle, citrus, and climate (tourism). Copper is still extensively mined from many expansive open-pit and underground mines, accounting for two-thirds of the nation's output.
Total employment 2016
Total employer establishments 2016
- 139,134 
The state government is Arizona's largest employer, while Banner Health is the state's largest private employer, with over 39,000 employees (2016). As of March 2016 [update], the state's unemployment rate was 5.4%. 
The top employment sectors in Arizona are (August 2014, excludes agriculture):
|Trade, transportation, and utilities||488.6|
|Education and health services||392.1|
|Professional and business services||384.2|
|Leisure and hospitality||286.4|
|Mining and logging||13.7|
Arizona collects personal income taxes in five brackets: 2.59%, 2.88%, 3.36%, 4.24% and 4.54%.  The state transaction privilege tax is 5.6%; however, county and municipal sales taxes generally add an additional 2%.
The state rate on transient lodging (hotel/ motel) is 7.27%. The state of Arizona does not levy a state tax on food for home consumption or on drugs prescribed by a licensed physician or dentist. However, some cities in Arizona do levy a tax on food for home consumption.
All fifteen Arizona counties levy a tax. Incorporated municipalities also levy transaction privilege taxes which, with the exception of their hotel/motel tax, are generally in the range of 1-to-3%. These added assessments could push the combined sales tax rate to as high as 10.7%.
|Single||Tax rate||Joint||Tax rate|
|0 – $10,000||2.590%||0 – $20,000||2.590%|
|$10,000 – $25,000||2.880%||$20,001 – $50,000||2.880%|
|$25,000 – $50,000||3.360%||$50,001 – $100,000||3.360%|
|$50,000 – $150,001||4.240%||$100,000 – $300,001||4.240%|
|$150,001 +||4.540%||$300,001 +||4.540%|
- "News Release" (PDF). Archived from the original (PDF) on September 21, 2012. Retrieved December 28, 2011.
- "Archived copy". Archived from the original on November 9, 2019. Retrieved November 11, 2019.CS1 maint: archived copy as title ( link)
- "Arizona Economy at a Glance". Bls.gov. Archived from the original on September 23, 2016. Retrieved September 9, 2016.
- "Arizona Republic 100: State's biggest employers". The Arizona Republic.
- "Arizona Income Tax Rates for 2017". www.tax-rates.org. Archived from the original on February 27, 2017. Retrieved February 26, 2017.