Once a frontier state built on mining and agriculture, Arizona’s economy has grown to include health care, financial services, transportation and manufacturing, among other industries.
The state hasn’t forgotten its roots, though. A mix of history and nostalgia draw tourists to cities such as Wickenburg, Prescott and Bisbee for a glimpse of life in what used to be the Wild West.
That steady stream of sightseers has helped make those cities, along with Sedona, Scottsdale and more, some of the best places to start a business in Arizona.
NerdWallet analyzed 65 places in Arizona, each with at least 500 businesses and a population of at least 5,000. We determined the overall score by looking at data from the U.S. Census Bureau to assess each city’s business climate and economic health. See below for more details on our methodology.