There was a total of 163,210 properties with foreclosure filings which works out to a rate of one filing for every 16 households, which more than doubles the average in the United States as a whole, and a little less than one percent of the state's housing units.
Arizona is the 15th largest U.S. state by population, with 6,595,778 people. Its 113,998 square miles make it the 6th largest state by area, and is in the southwestern region of the United States. Median household income is $50,958, which makes it the 22nd in the country and just below the national median. Arizona's income is $40,828 per person, ranking 39th in the United States.
Arizona has the 21st largest economy among states in the United States. It is the national leader in copper production, accounting for more than 60% of America's output. Other major outputs include cotton, citrus, and cattle. The state government is the largest employer in Arizona, followed by Wal-Mart. The leading agricultural sectors are cattle and dairy, followed by cotton and assorted vegetable crops. Recently, low corporate taxes have led to a boom in technology and manufacturing, with many companies moving there from California.