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Coconino County, AZ

FIPS: 04005

Compare with another county
Median HAM

14.1x

High

Jul 2023

Minimum HAM

25.8x

Very High

Jan 2026

HAM Burden

98%

High

Dec 2025

Local minimum wage note: Flagstaff has a local minimum wage of $17.40/hr (state rate used in calculation: $14.70/hr)
Not enough historical data to show a trend chart for this county.

Economic Profile

BEA GDP data (2024)

GDP Per Capita

$73,481

National avg: ~$82,000

Total GDP

$10.7B

Thousands of current $

Population

145,101

2020 Census

Top Industries by GDP

Government and government enterprises18.4%
Real estate and rental and leasing15.8%
Manufacturing15.6%
Accommodation and food services10.6%
Health care and social assistance9.8%

Data Breakdown

Median HAM

Data as of Jul 2023

Median Home Price
$413,200
Census ACS
Gross Median Income
$35,187
Census ACS
Net Median Income
$29,377
Calculated
Median HAM
14.07x

Minimum HAM

Data as of Jan 2026

Median Home Price
$665,750
Redfin
Min Wage (Hourly)
$14.70/hr
State labor data
Net Min Wage Income
$25,787
Calculated
Minimum HAM
25.82x

HAM Burden

Data as of Dec 2025

Monthly Rent
$2,106
Zillow ZORI
Min Wage (Hourly)
$14.70/hr
State labor data
Monthly Net Min Wage
$2,149
Calculated
HAM Burden
98.0%

Methodology: HAM = Home Price / Net Annual Income. Net income assumes single filer, standard deduction, 2,080 hrs/yr for minimum wage. Federal + state tax + FICA deducted. Home price source priority: Zillow ZHVI > Redfin > Census ACS.

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