Admitted as the 48th state, Arizona is the youngest of the contiguous states. Despite its relative youth, The Grand Canyon State has wasted no time becoming one of the most important states.
In addition to natural wonders like the Grand Canyon and the sandstone formations of Sedona, Arizona has a strong economy to boot. Arizona’s Gross Regional Domestic Product (GRDP) sits comfortably around $250 billion, which is larger than countries like New Zealand, Ireland, and Finland.
The Copper State’s economy is anchored by sectors including health-care, tourism, transportation, and government. Mining also plays a part, and Arizona still accounts for two-thirds of the nation’s total copper output.
Banner Health, the state’s largest employer, is responsible for more than 39,000 jobs in Arizona alone, while the entire transportation sector has hired more than 450,000 employees. The government claims 408,500 jobs, with Davis-Monthan Air Force Base taking credit for 8,500 of those hires.
With employment opportunities abundant in Arizona, one would think the economy is well-positioned to have the people of Arizona prosper. LendEDU looked to answer this question by evaluating each Arizona town and city according to its average credit score.
While not a precise determinant of economic prosperity, the average credit score of a town does give us a fair projection of a community’s overall fiscal health. Cities with high credit scores have likely experienced rising incomes, falling unemployment, and a high percentage of paid off loans.
>> Read More: What is a good credit score?
With the help of Experian’s licensed dataset, LendEDU has listed the 100 cities and towns in Arizona with the highest average credit scores. Keep reading to see the Arizona communities that have been recognized for their exemplary fiscal health.
Interactive Table and Map Featuring the Highest Credit Scores in Arizona
All data used in this report was licensed by LendEDU from Onboard Informatics and Experian. The Onboard Informatics dataset provided the most recent population figures and the locations of Arizona towns and cities. Experian’s Premier Aggregated Credit StatisticsSM dataset was utilized by finding the average VantageScore 3.0®1 credit score of each and every community in Arizona.
An arbitrary population cutoff was set at 1,000, and any Arizona town or city with a population below that number was eliminated from further analysis. Some of the larger cities in Arizona, like Scottsdale, had multiple ZIPTM2 codes and thus multiple average credit scores. To cut down a city’s multiple ZIP codes into one statistic, ZIP codes were weighted according to their respective population and then averaged together. A ZIP CodeTM with a greater population was given more weight during the averaging process.
After each community in Arizona was assigned one ZIP Code and one average VantageScore 3.0® credit score, LendEDU ranked the communities appropriately. Experian’s PACSSM dataset lists the average VantageScore 3.0®credit score as a stand-alone statistic. Arizona communities with a higher average credit score were ranked higher and vice versa.
1. VantageScore is a registered trademark of VantageScore Solutions , LLC.
2. Experian is a nonexclusive full-service provider licensee of the United States Postal Service. The following trademarks are owned by the United States Postal Service: ZIP and ZIP Code. The price for Experian’s services is not established, controlled or approved by the United States Postal Service.