Truvizo facts for Tucson, AZ
Tucson is the economic and dynamic cultural heart of a metro area that is home to more than one million people. The aerospace and defense sector is a major contributor to the region's economy.
Tucson is ranked as one of the top 5 areas in the U.S. for these industries.
The aerospace industry includes defense and space-related manufacturing, research and development, industrial technology, assembly, distribution, and warehousing.
Average price per square foot
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Retail
$15.02
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office
$20.24
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Industrial
$6.60
When it comes to opening a business or investing in commercial real estate, the importance of demographics is often underestimated. The following demographics should always be considered when evaluating a property:
- Population density
- Median home values
- Household income
- Education levels
- Average age and genders
- Number of households
- Traffic counts
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Population
539,216
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Avg. Home Value
$285,899
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Avg. Age
33
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Avg HH Income
$51,425