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The outlook is good for Greater Yuma. From our history as a strategic
commercial crossing place, Yuma is now a strategic crossroads for trade
in North America. Yuma County has always been a place with abundant water,
sunshine and business opportunity.
Growth
- Between 1990 - 2000, the City of Yuma has grown 36%.
- Classified as a Metropolitan Statistical Area, one of only three MSA's
in Arizona.
- Third fastest growing metropolitan area in the country.
- Foreign and national business investors suddenly find Yuma on a new
set of maps with higher ranking as a "place to do business."
- A recent study, titled "Yuma County, Arizona: Growing Business
At The Border," locates Yuma strategically in the Desert Pacific
Region. This market area reaches Las Vegas to the North, Albuquerque
and El Paso to the East, Mazatlan to the South and takes in the entire
Baja peninsula North to Los Angeles, California.
Population as of 2000 Census
| Jurisdiction |
1990 |
2000 |
| Yuma County |
106889
|
160,026 |
| City of Yuma |
54923
|
77,515
|
| City of San Luis |
4212 |
15,322 |
| City of Somerton |
5282 |
7,266 |
| Town of Wellton |
1066 |
1,829 |
| Unincorporated |
41406 |
58,094 |
Primary Industry
| Industry |
$ |
| Agriculture |
$900M
|
| Tourism |
$450M |
| Military |
$300M |
- Yuma's industry and manufacturing base has grown steadily on both
sides of the border (maquiladoras included) precipitating additional
trade in the Yuma-Rio Colorado region.
- We support to military bases:
Marine Corps Air Station, Yuma (MCAS) and U. S. Army Yuma Proving Ground
(YPG)
- For specific economic development assistance, contact the Greater
Yuma Economic Development Corporation (GYEDC) at 928-783-0193 or
Toll Free at 1-800-408-9332.
Economy
- On Interstate 8, more than 6.5 million vehicles per year (18,000 per
day) pass through Yuma. At San Luis, another 2.6 million autos and 46,000
commercial vehicles cross annually.
- Shoppers from Mexico contribute approximately $160 million annually
to Yuma County.
- Yuma's annual sales continually show healthy increases compared to
other parts of Arizona and the nation.
- A Yuma business myth: As with many communities in Southwestern
Arizona, Yuma's summer business seems to "die off". There
is some truth to the story, but not much. In the slowest sales months
of the year (June, July and August) the aggregate sales by Yuma businesses
represents 22-24% of their annual sales.
- View our Job Seeker's Page for local employment
agencies.
Taxes
- Tax rates vary according to school district residence.
- Rates are based on $15.1723 per $100 assessed value. Commercial assessed
value is 25% of market value while residences are 10% of market value.
- For example: assessed value on commercial property valued at $1 million
would be $250,000. For assessed value on other property classification,
contact the County Assessor's office at 928-329-2038.
- As you know, government uses businesses in a major way to collect
taxes: one form of this is through sales tax. Depending on what the
customer is buying, a tax portion of the sale is added on to be distributed
in several directions. Whether in town or the County, the largest portion,
5%, goes to the State of Arizona.
- If you're staying at a local motel, the state takes even more: 5.6%.
Yuma County will take an optional 1% for retail goods, restaurants and
motels. The City of Yuma adds 1.7% for retail goods and another 2% (total
of 3.7%) for meals or motel rooms.
- In San Luis, Somerton and Wellton, you pay the state 5%, county 1%
and an additional 2.5% to the cities for a total of 8.5%.
Sales Tax Table
| |
RETAIL |
RESTAURANT |
MOTEL |
| Yuma County |
7.3% |
6.0% |
6.6% |
| City of San Luis |
8.5% |
8.5% |
9.1% |
| City of Somerton |
8.5% |
8.5% |
9.1% |
| City of Wellton |
8.5% |
8.5% |
9.1% |
| City of Yuma |
8.9% |
10.8% |
10.3% |
Median Age
| Location |
<5 |
5-9 |
10-14 |
15-19 |
20-24 |
25-34 |
35-44 |
| Yuma County |
12,717 |
13,338 |
12,986 |
11,982 |
11,295 |
20,054 |
20,945 |
| City of Yuma |
6,714 |
6,552 |
6,131 |
6,092 |
6,691 |
10,439 |
10,559 |
| City of San Luis |
1,384 |
1,604 |
1,567 |
1,436 |
1,439 |
2,738 |
2,494 |
| City of Somerton |
732 |
822 |
819 |
739 |
527 |
1,061 |
997 |
| Town of Wellton |
107 |
102 |
147 |
130 |
74 |
151 |
167 |
| Fortuna-Foothills |
692 |
695 |
663 |
531 |
400 |
1,244 |
1,430 |
| Gadsden |
86 |
107 |
117 |
106 |
61 |
119 |
146 |
| Tacna |
39 |
53 |
45 |
48 |
25 |
65 |
79 |
| Cocopah |
65 |
63 |
42 |
40 |
46 |
83 |
76 |
| Total Arizona |
382,386 |
389,869 |
378,211 |
367,722 |
362,860 |
742,665 |
768,804 |
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