Presentation

City of Chandler — Regular Meeting (2025-08-26)

View PDF Meeting page

Extracted text (via pymupdf) 5857 characters
Prepared by:
Economic Development Division
Micah Miranda, Director
Economic Update:
August 26, 2025
General Plan
Resident Advisory Committee

Targeted Industries
4
Automotive
Technology
Aviation & 
Aerospace
Advanced 
Business Svcs.
High-Tech
Manufacturing
Healthcare
IT & Software
Chandler Update
2
chandleraz.gov/ed

National Awards
Chandler Update
#5
Best City
for Women 
in Tech
#7
Best City to 
Find a Job
#6
Best City
for Families
#17
Best City
to Start a 
Business
#8
Best 
Untapped City 
for Startups
#11
Best City
for First-Time
Homebuyers
Sources: SmartAsset, Opendoor, WalletHub, Fundera, B2B Reviews, FT-Nikkei Investing in America
3
chandleraz.gov/ed

Chandler Stats
Chandler Update
1990
2000
2010
2020
2030
90,533
176,581
236,123
275,987
294,900 (proj.)
Sources: ESRI Business Analyst (2025), U.S. Census Bureau, Arizona Office of Economic Opportunity, Maricopa Association of Governments, City of Chandler
Population Growth
% of Total Population
Ages 15 - 24: 13%
Ages 25 - 34: 15%
Ages 35 - 44: 14%
Ages 45 - 54: 14%
Ages 55 - 64: 12%
38 Yrs
Median Age
Working Age Population
4
chandleraz.gov/ed
Current estimate: 291,572

Chandler Stats
Chandler Update
49%
Chandler
34%
Arizona
37%
United States
Data Source: ESRI Business Analyst (2025)
Note: %Bachelor's Degree or Higher is for the population ages 25+
$116K
United States
$150K
Chandler
$115K
Arizona
%Bachelor's Degree or Higher
Avg. Household Income
5
chandleraz.gov/ed

Data Sources: MAG Employer Database and Bureau of Labor Statistics. Analysis based on "high-tech industries" per the Bureau of Labor Statistics.
"East Valley" includes Chandler, Gilbert, Mesa and Tempe.
Innovation Economy: % of Workers in High-Tech Industries
27%
Chandler
15%
East Valley
10%
United States
•
Chandler has an innovation mindset and this is reflected in the companies located in 
our community. Ability to adapt to a changing global economy helps ensure long-term 
economic sustainability.
Chandler Stats
Chandler Update
6
chandleraz.gov/ed

Target Industry Employment
7
•
Chandler has experienced strong job growth while achieving a beneficial 
increase in diversification across key industries over the past 20 years.
14,210
4,710
1,780
3,520
19,900
14,660
5,700
6,440
27,230
15,210
12,510
13,300
0
5,000
10,000
15,000
20,000
25,000
30,000
High-Tech Manufacturing &
Development
Business Services
Finance, Insurance, & Real
Estate
Health Care
2003
2013
2023
Data Source: MAG Employer Database
Economic Development Update
+5,690
+7,330 
+9,950 
+550 
+3,920
+6,810 
+2,920 
+6,860

Data Source: MAG Employer Database
Employment Base
Top Industry Clusters by Employment: Chandler vs. MAG Region
Industry
2003
2013
2023
Positive
Trend?
%Jobs in
Chandler
Location
Quotient
%Jobs in
Chandler
Location
Quotient
%Jobs in
Chandler
Location
Quotient
High Tech Manufacturing
22.2%
4.48
20.7%
4.38
20.0%
4.56
Business Services
7.3%
0.63
15.3%
1.29
11.2%
0.92
Consumer Services
8.2%
0.99
9.1%
0.97
10.6%
0.95
Retail
10.0%
0.89
13.0%
1.13
10.7%
0.94
Finance, Insurance, 
& Real Estate
2.8%
0.33
5.9%
0.66
9.2%
1.10
Healthcare
5.5%
0.73
6.7%
0.65
9.8%
0.79
Education
6.8%
0.99
6.5%
0.73
7.0%
0.95
Construction
10.0%
0.96
5.9%
0.74
4.5%
0.62
Transportation & Dist.
6.0%
0.81
5.2%
0.76
4.5%
0.65
8
✓
✓
✓
✓
✓
✓
Economic Development Update

Jobs to Households
9
Data Sources: MAG Employer Database (2021), ESRI Business Analyst (2021)
Data Sources: MAG Employer Database, American Community Survey 1-Year Estimates
95,940
116,980
135,910
84,762
91,969
105,611
2013
2018
2023
Jobs
Households
1.13
1.27
1.29
2013
2018
2023
Jobs vs. Households
Jobs per Household
•
Balance: Chandler continues to add jobs as its population grows.
Economic Development Update

39%
2013
49%
2023
Data Source: American Community Survey 1-Year Estimates
%Bachelor's Degree or Higher
(Population 25 years and over)
Median Household Income
(In 2023 Inflation-Adjusted Dollars)
Prosperous Community
10
Economic Development Update
$93,579
$105,393
2013
2023
•
Quality jobs bring educated residents and wealth to our community.

Chandler Population Pyramids
Chandler Update
Source: U.S. Census Bureau (American Community Survey, 1-Year Estimates)
11
chandleraz.gov/ed
10%
5%
0%
5%
10%
0-4
5-9
10-14
15-19
20-24
25-29
30-34
35-39
40-44
45-49
50-54
55-59
60-64
65-69
70-74
75-79
80-84
85 and over
Men
2022
Women
2010
•
Chandler has been following 
national and state trends in 
that while the population is 
still growing (by attracting 
new residents), it has also 
continued to age.
•
These demographic shifts 
could have significant 
impacts on the city and our 
local economy.

Potential Challenges for Chandler
Chandler Update
12
chandleraz.gov/ed
• Labor force availability
• Consumer spending habits
• School enrollment
• Changing service expectations
• Sustainability of revenue streams
“Low fertility – and the aging population that it generates – implies fewer workers per capita and 
creates significant headwinds to economic growth, the fiscal sustainability of public benefit programs, 
and the trend of continuous improvement in living standards, as reflected in per capita incomes.”
White House (May 23, 2024)

Things to Think About
13
•
Demographic shifts and community impacts
•
Housing turnover, vertical development opportunities with an emphasis 
on 55+ housing
•
Infrastructure Investment to facilitate private sector investment with ROI:
•
Water and sewer infrastructure
•
Electrical generation and transition
•
“Shovel ready sites”
 
Economic Development Update

Chandler Update
14
chandleraz.gov/ed
Summary
•
Local economic trends are positive
•
Past infrastructure investments set stage for economic vitality
•
Chandler is well-positioned for future economic vitality, however:
• Realization of demographic shifts
• Addressing gaps in commercial real estate needs
• Commitment to high-quality growth
• Focused on the future