Truvizo facts for Flagstaff, AZ
In Flagstaff, government is one of the largest employment sectors. Tourism is also a large employer as the city sees over 5,000,000 visitors per year. In Flagstaff, tourism and hospitality are a $563 million industry with more than 8,000 employees.
Flagstaff remains an important distribution hub for companies such as Nestlé Purina PetCare, and is home to the U.S. Naval Observatory Flagstaff Station, the United States Geological Survey Flagstaff Station, and Northern Arizona University.
Flagstaff has a strong tourism sector, due to its proximity to Grand Canyon National Park, Oak Creek Canyon, the Arizona Snowbowl, Meteor Crater, and Historic Route 66.
Average price per square foot
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Retail
$15.92
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office
$20.03
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Industrial
$9.65
When it comes to opening a business or investing in commercial real estate, the importance of demographics is often underestimated. The following demographics should always be considered when evaluating a property:
- Population density
- Median home values
- Household income
- Education levels
- Average age and genders
- Number of households
- Traffic counts
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Population
73,964
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Avg. Home Value
$375,000
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Avg. Age
25
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Avg HH Income
$54,893