| State Comparison Overview, Electric Rates and Taxes | ||
| Arizona | California | |
| Overview: | ||
| Mean Wage | $43,670 | $51,910 |
| Workers Comp** (per $100) | $1.71 | $2.68 |
| Unemployment Insurance (max weekly) | $240.00 | $450.00 |
| Unionization Rate | 7.3% | 18.2% |
| Right to Work State? | Yes | No |
| ¹Property Tax Rate* | .85% | .78% |
| Median Age | 35 | 34.8 |
| Population (U.S. Census) | 6,482,505 | 37,691,912 |
| Employment | 2,457,500 | 14,358,600 |
| GDP (in billions)*** | $258.40 | $1,096.00 |
| Electricity Rates : | ||
| Commercial Power (Cents/KwH) | 8.86 | 12.79 |
| Industrial Power (Cents/KwH) | 6.01 | 10.66 |
| Taxes: | ||
| Individual Income Tax (Highest Bracket) | 4.54% | 9.30% |
| Corporate Income Tax | 6.97% | 8.84% |
| State Sales Tax | 6.6% | 7.25% |
| Property Tax (Rates)^ | 1.21% | 0.68% |
| Property Tax (Collection per Capita) | $1,119 | $1,465 |
| Commercial Lease Rates and Median Home Price | |||
| Office | Industrial | Median Home Price | |
| Arizona | |||
| Phoenix | $20.75 | $6.60 | $118,800 |
| Tucson | $19.19 | $6.35 | $130,800 |
| California | |||
| Los Angeles | $28.56 | $6.48 | $269,900 |
| Sacramento | $20.52 | $5.40 | $164,400 |
| San Diego | $33.60 | $10.56 | $358,000 |
| San Francisco | $38.40 | NA | $462,300 |
| San Jose | $33.96 | $5.04 | $549,000 |
| Mean Wage Data by Industry and Occupation (SOC Code) | ||
| Arizona | California | |
| Aerospace & Defense | ||
| Aerospace Engineers (172001) | $86,540 | $108,750 |
| Computer Controlled Machine Tool Operators, Metal and Plastic (514011) | $36,890 | $36,910 |
| Machinists (514041) | $40,000 | $40,260 |
| Bioscience | ||
| Biological Technicians (194021) | $36,350 | $48,100 |
| Biomedical Engineers (172031) | $92,440 | $95,450 |
| Chemists (192031) | $66,470 | $81,240 |
| Solar/Renewable Energy Industry | ||
| Electrical and Electronic Engineering Technicians (173023) | $52,730 | $61,970 |
| Electrical Engineers (172071) | $95,440 | $99,120 |
| Computer Controlled Machine Tool Operators, Metal and Plastic (514011) | $36,890 | $36,910 |
| Distribution/Warehousing | ||
| Laborers and Freight, Stock, and Material Movers, Hand (537062) | $25,270 | $27,040 |
| Employment by Occupation (SOC Code) | ||
| Arizona | California | |
| Accountants & Auditors (132011) | 21,230 | 118,550 |
| Customer Service Representatives (434051) | 62,940 | 185,750 |
| Aerospace Engineers (172011) | 2,390 | 19,460 |
| Computer Controlled Machine Tool Operators, Metal and Plastic (514011) | 990 | 9,610 |
| Machinists (514041) | 5,850 | 30,080 |
| Biological Technicians (194021) | 770 | 10,840 |
| Chemists (192031) | 1,010 | 10,870 |
| Electrical and Electronic Engineering Technicians (173023) | 4,620 | 18,870 |
| Electrical Engineers (172071) | 4,530 | 18,320 |
| Laborers and Freight, Stock, and Material Movers, Hand (537062) | 32,870 | 228,010 |
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State of the States
To: Corporate CEO
In working with companies who have chosen to relocate or expand their operations from California to Yuma AZ we have learned a great deal regarding the advantages that come from this action.
- Overall operating expenses reduced by 45%
- Unionization rate in Yuma is less than 5%
- Corporate Income Tax is 4.7%
- Employee Expenses are 60% less in Yuma AZ vs California
- Arizona offers a $9,000 Income Tax Credit for each qualifying job created
- Arizona has a $25 Million Deal Closing Fund for companies choosing AZ over a competitor State
- $1.5 Million Reimbursable Grant to train employees
- 100% Electable Sales Factor for Multi-State Corporations
- Accelerated Depreciation Schedules for Manufacturing
- No Inventory Tax - Sales Tax Exemption on Manufacturing Equipment
This is just a snap shot of the reasons companies such as Johnson Controls, Shaw Carpets and most recently Insultech and Orca Arms have relocated their operations from California to Yuma.
Julie Engel
President/CEO May 2013
899 Plaza Circle, Suite 2 * Yuma, Arizona 85365 * 928-782-7774