Phoenix Metro Area Pay Trends

Updated

The early Phoenix economy was based primarily in agriculture, with cotton, citrus, and cattle among the leading products. Today, farmland has turned to suburbs and Phoenix does bigger business in tourism, and manufacturing.

Wage Growth for Phoenix Metro Area, Q4 2023

0.4%
since last quarter
5.1%
year over year
35.1%
since 2006
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Methodology for The Payscale Index: Trends in Compensation

The Payscale Index tracks quarterly changes in total cash compensation for full-time, private industry employees and education professionals in the United States. In addition to a national index, it includes separate indices for specific industries, metropolitan areas, job categories, and company sizes. The Payscale Index uses 2006 average total cash compensation as a baseline.

See full methodology for compensation trend reports.

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