• Ranking Arizona 2021

Business Relocation & Expansion

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Welcome to the No. 1 city in Arizona! Peoria, Arizona supports a strong business community and entrepreneurial ecosystem, has sustainable, future-ready economic development practices, and manages growth smartly.

The city has a reputation for maintaining a solid fiscal position and providing essential services. Peoria is known for its high quality of life, beautiful desert vistas, safe neighborhoods, and award-winning recreation services, inspiring business owners to expand and relocate to Peoria.

Because of these characteristics, the city of Peoria has been honored by Money Magazine, Forbes, Wallethub, USA Today and more for its livability and thriving economy.

Ready to take the next step?

 

Why Peoria, Arizona Is Your Next Business Move

Business Friendly

1. Business Friendly Environment
Peoria, Arizona is a business-friendly community with lower costs of doing business and less regulation than neighboring states.

  • Total Office Lease Rate: $22.48 per sq ft (Greater Phoenix), $57.37 per sq ft (San Francisco), $29.76 per sq ft (San Diego)
  • Total Industrial Lease Rate: $6.36 per sq ft (Greater Phoenix), $14.76 per sq ft (San Francisco), $10.44 per sq ft (San Diego)
  • Median Home Prices: $252,799 (Greater Phoenix), $938,186 (San Francisco), $585,310 (San Diego)
  • Corporate Income Tax Rate: 5.5% (Greater Phoenix), 8.8% (San Francisco and San Diego)

 


Location

2. Great Location
Located in the Phoenix metropolitan area, Peoria is ideally located in close proximity to California and to Mexico. Arizona is safe from most types of natural disasters, making it an ideal place for manufacturing, data centers, and more.


Opportunity

3. Land of Opportunity
At 180 square miles, Peoria has lots of room to grow with your business! The infrastructure is in place - power, water, aviation, rail, and highways provide a solid foundation for business growth and success.


Workforce

4. Top Tier Workforce
Hire smart with a workforce of more than 1 million within a 30 minute commute. Peoria's workforce is strong and diverse. The region has strong job growth in healthcare, logistics, distribution, and manufacturing.


Quality of Life

5. Quality of Life
Peoria was recently named the #1 Best Place to Live by Ranking Arizona. Come find out why Peoria is the Place for an outstanding, affordable quality of life.


Corporate Relocation and Expansion

Peoria, Arizona is an ideal location for existing businesses looking to relocate or expand their operations. With an abundance of shovel-ready sites to choose from in both established and high-growth areas, the opportunity is ready and waiting for you. Whether you are a small business or a Fortune 100 company, Arizona's competitive tax rates and reduced regulations are designed to help businesses save money by reducing their operating costs. Not to mention the outstanding quality of life - with year-round golf and world-class arts and entertainment options, all nestled among the dramatic beauty of the Sonoran Desert. Come see what makes Peoria one of the top choices in Arizona for business expansion and relocation!

City Facts:

  • Population: 191,000 (U.S. Census Bureau 2020)
  • Incorporated: June 7, 1954
  • Size: approximately 180.5 square miles (463 km2)

 

Download Now:
Peoria's Economic Profile Brochure (PDF)

 

Learn more about Peoria:

Top Companies · Leading Industries · Workforce

Incentive Programs · Available Sites

 

Ready to take the next step?

 

Contacts:

Jennifer Stein
Economic Development Director
Tel: 623-773-7338
Email: jennifer.stein@peoriaaz.gov

David Valenzuela
Chief Business Attraction Officer
Tel: 623-773-5121
Email: david.valenzuela@peoriaaz.gov