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Metro · Density Score

Phoenix, AZ

Metro area in Arizona

53 Combined score #32 of 109 metros
Economic
60 #29 of 109
Innovation (Startup & VC)
49 #35 of 109

Phoenix ranks #32 overall, #35 in Startup & VC and #29 in Economy among 109 U.S. metros.

Highlights

  • #28 of 109: +245 net migration of 25–44 year olds per 100k people
  • #30 of 109: 244 STEM degrees per 100k people
  • #30 of 109: Tech share of jobs: 3.4%

The inputs

Ranks are among the metros with data for each input; higher is better.

Venture capital per year, per 100k people
$9.8M #44 of 109
Early-stage rounds per year, per 100k people
1.1 #41 of 109
Series B+ rounds per year, per 100k people
0.13 #40 of 109
Startup exits per year, per 100k people
0.17 #49 of 102
GDP per person
$83K #51 of 109
Patents per 100k people
37 #32 of 103
STEM degrees per 100k people
244 #30 of 109
Tech share of jobs
3.4% #30 of 109
Net migration of 25–44 year olds, per 100k people
+245 #28 of 109

Top companies

The largest companies headquartered in this metro, by latest annual revenue.

  1. Avnet Inc. AVT · Industrials · Tempe $27.6B
  2. Freeport-McMoRan Inc. FCX · Materials · Phoenix $25.9B
  3. Carvana Co. CVNA · Consumer Discretionary · Tempe $20.3B
  4. Republic Services Inc. RSG · Industrials · Phoenix $19.0B
  5. Honeywell Aerospace Inc. HONA · Industrials · Phoenix $17.4B

Roots Density Data, All Companies (public: SEC filings; private: Forbes Top Private Companies 2025). Ranked by latest annual revenue.

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