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Arizona Home Mortgage Lenders

The racial breakdown of the state is as follows:

63.8% White non-Hispanic
25.3% Hispanic
5% American Indian
3.1% Black
1.8% Asian
2.9% mixed race

Arizona has the second highest number of Native Americans of any state in the Union. 286,680 reportedly live in Arizona, this represents more than 10% of the country's total Indian population of 2,752,158. Only California has more Indians than Arizona, and Arizona has slightly more Indians than Oklahoma

Four in five Arizonans are self-described Christians, with large numbers of both Catholics and Protestants living in the state. There is also a significant Mormon population.

80% Christian
31% Catholic
43% Protestant
9% Baptist
5% Methodist
4% Lutheran
25% Other Protestants
6% Mormon
2% Non-Christian religions
18% No Religion

Arizona is likely to become a minority-majority state by the year 2035 at the latest. In 2003, for the first time, there were more Hispanic births in the state than white non-Hispanic births.

As of 2000, 74.1% of Arizona residents age 5 and older speak English at home and 19.5% speak Spanish. Navajo is the third most spoken language at 1.9%, followed by Other Native North American languages at 0.6% and German at 0.5%.

49.9% of the population is male, 50.1% is female.

 

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People QuickFacts Arizona USA

Population, 2003 estimate

5,580,811

290,809,777

Population, percent change, April 1, 2000 to July 1, 2003
8.8%
3.3%
Population, 2000 5,130,632 281,421,906
Population, percent change, 1990 to 2000 40.0% 13.1%
Persons under 5 years old, percent, 2000 7.5% 6.8%
Persons under 18 years old, percent, 2000 26.6% 25.7%
Persons 65 years old and over, percent, 2000 13.0% 12.4%
Female persons, percent, 2000 50.1% 50.9%
Mortgage, Real Estate Demographics Arizona USA

Housing units, 2002

2,328,720 119,302,132
Homeownership rate, 2000
68.0% 66.2%
Housing units in multi-unit structures, percent, 2000 22.1% 26.4%
Median value of owner-occupied housing units, 2000 $121,300 $119,600
Households, 2000 1,901,327 105,480,101
Persons per household, 2000 2.64 2.59
Median household income, 1999 $40,558 $41,994
Per capita money income, 1999 $20,275 $21,587
Persons below poverty, percent, 1999 13.9% 12.4%

Arizona was the 48th state admitted to the United States and is part of the Southwest United States. It is one of the Four Corners states, south and east of the Colorado River, bordering New Mexico, Utah, Nevada, California and Mexico, and touching Colorado. It is also the name of a US Battleship, the USS Arizona.

Its major cities are Phoenix, Tucson, Yuma, and Flagstaff. Besides the Grand Canyon, a number of other National Forests, Parks, Monuments, and Indian reservations are located in the state.

Arizona Mortgage Refinance Loans - Refinance, Home Equity, Debt Consolidation And Purchase
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Loan refinancing replaces your existing loan with another lower interest rate loan for the same amount. If you have equity in your home, a refinance home mortgage loan comparison can have significant benefits. You can reduce your interest rate, change the terms of your loan, or consolidate your debt. Rather than use your home as collateral, a home loan refinance online allows you to incorporate your debt into the amount owed. One monthly payment, one low interest rate!

Economy
The 2003 total gross state product was $182 billion. Its per capita income was $27,232, 39th in the United States. Early in its history, Arizona's economy relied on the "five C's": copper, cotton, cattle, citrus and climate (i.e., tourism). At one point Arizona was the largest producer of cotton in the country. Copper is still produced in abundance from many giant open-pit mines and underground mines. The state government is the state's largest employer, while Wal-Mart is the state's largest private employer, with 17,343 employees in 2003. Arizona lost much of its advantage as a high-technology industry leader between 1990 and 2001, according to a state Department of Commerce (http://www.commerce.state.az.us/) report. In 2001, 161,166 Arizonans were employed in the high-tech sector, accounting for about 8.3 percent of total private-sector employment of more than 1.9 million. High-tech payroll in 2001 was $2.2 billion, or 14.7 percent of the private-sector total. High-tech employment was led by software and computers, with 34,314; electronics components manufacturing, 30,358; aerospace manufacturing, 25,641; architectural and engineering services, 21,378; telecommunications, 21,224; and instruments manufacturing, 13,056.

25 Richest Places in Arizona
Ranked by per capita income

City Income City Income
1 Paradise Valley, Arizona $81,290 14 Sedona, Arizona $31,350
2 Carefree, Arizona $62,433 15 Green Valley, Arizona $31,138
3 Rio Verde, Arizona $58,783 16 Oro Valley, Arizona $31,134
4 Tubac, Arizona $46,643 17 Williamson, Arizona $30,232
5 Catalina Foothills, Arizona $42,006 18 Big Park, Arizona $30,026
6 Scottsdale, Arizona $39,158 19 Queen Valley, Arizona $28,886
7 Cave Creek, Arizona $38,070 20 Corona de Tucson, Arizona $28,304
8 Litchfield Park, Arizona $37,793 21 Elgin, Arizona $27,909
9 Tanque Verde, Arizona $36,467 22 Sonoita, Arizona $27,312
10 Gold Camp, Arizona $35,010 23 Sun City, Arizona $25,935
11 Sun Lakes, Arizona $33,394 24 New River, Arizona $25,932
12 Fountain Hills, Arizona $32,230 25 Tortolita, Arizona $25,550
13 Sun City West, Arizona $32,049  


Regions of Arizona

North Central Arizona | Northern Arizona | Phoenix metropolitan area | Southern Arizona

Largest Cities
Apache Junction | Avondale | Bullhead City | Casas Adobes | Catalina Foothills | Chandler | Flagstaff | Gilbert | Glendale | Lake Havasu City | Mesa | Nogales | Payson | Peoria | Phoenix | Prescott | Scottsdale | Sierra Vista | Sun City | Surprise | Tempe | Tombstone | Tucson | Yuma

Counties
Apache | Cochise | Coconino | Gila | Graham | Greenlee | La Paz | Maricopa | Mohave | Navajo | Pima | Pinal | Santa Cruz | Yavapai | Yuma

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