Local Economic Insights:
One of the key reasons that Chandler has seen such growth is because of the numerous top-level companies that have made Chandler home. Since 2003, the Chandler area has been booming with growth and has gained more than 2,900 jobs due to many technology companies in the area. Computer chip innovator, Intel, has four locations in the municipal area including one environmentally sustainable facility that received LEED (Leadership in Energy and Environmental Design) certification.
Also helping the local economy are retail outlets including the popular Chandler Fashion Center, which spurred the road expansion to accommodate local growth and population increase.
Top area employers and the employees for each include:
- Intel: 11,300
- Wells Fargo: 4,500
- Chandler Unified School District: 4,500
- Bank of America: 3,800
- Verizon Wireless: 2,400
- City of Chandler: 2.175
- Chandler Regional Medical Center (Dignity Health) 2,100
- PayPal: 2,000
- Orbital ATK: 1,650
- Microchip Technology: 1,625
Chandler Arizona has an unemployment rate of 4.50%, less than the US average which is 5.50%. They have a job growth rate of 3.17%, exceeding the US average of 1.59%, with an estimated growth projected rate going up to 41.84% over the next 10-years with the US average at 37.98%.
The income per capita in Chandler is $32,092 and the median household income is $72,072, making the inhabitant able to live in the luxury downtown residences at Condominiums for sale in Ocotillo, Chandler, AZ | The Cays at Ocotillo The community is primarily white-collar with over 85% of the workforce employed in white-collar jobs. Chandler is made up of sales and office workers, professionals, and managers. But surprisingly, Chandler has more people residing in the community who work with computers and math. It exceeds the national average by 95%.
Chandler is a great place to live with great proximity to airports, roadways, retail outlets and entertainment venues not to mention a wide range of Chandler area condos and homes to choose from.