Tempe has been the favorite home for innovators since 1894. The community was founded by a person who created a business out of finding a safe way to cross a then-raging river by harnessing that river’s energy to mill grains. Today, Tempe is home to tech companies large and small, the nation’s leading university for innovation, Mill Avenue entertainment, world-class events and recreation at Tempe Town Lake.

Principal Economic Activities

Downtown Tempe is alive with urban energy. Top finance, insurance and real estate companies such as Chase, Silicon Valley Bank, ADP and the regional headquarters for State Farm Insurance made Tempe their choice for top talent and atmosphere. Marketing companies like Zion and Zion and Sitewire handle international accounts from Tempe. They fill the downtown with active, creative people day and night as they come to work and stay to play at the dozens of restaurants, shops and nightclubs. From award-winning romantic local restaurants such as House of Tricks to games at Fox Restaurants’ Culinary Dropout, Tempe has choices for a great time.

South Tempe’s Arizona State University (ASU) Research Park and Discovery Business Campus offer scenic campus space for companies like Shutterfly, PADT’s corporate office, GoDaddy and Edward Jones. Insight and KinetX also call Tempe home. Truly, Tempe’s innovation is in space, from the Mars Rover to the forthcoming missions to Europa and beyond. The presence of ASU’s main campus of 65,000 students keeps the community young, smart and current. ASU is also a driver of innovation with the ASU Biodesign Institute, Global Institute of Sustainability, Ira A. Fulton College of Engineering and much more. University of Advancing Technology, Southwest College of Naturopathic Medicine and Rio Salado College, one of the nation’s largest community colleges, keep the community learning and continuously providing new ideas. One of those new ideas is FABRiC, Tempe’s fashion incubator. More than 150 fashion labels work out of this facility. Services range from sewing and patternmaking lessons to full production of garment lines, modeling and fashion photography. The business and marketing aspects of the industry get equal time with videography, photography and marketing.

Scenic Attractions

Tempe is the only Arizona city to have border-to-border light rail service. The light rail takes people directly to Sky Harbor International Airport in just a few minutes. A streetcar route is under construction that will take people around the downtown, to south Tempe and to connecting buses, light rails and more. For those who prefer to drive, Tempe is surrounded on all sides by freeways that can take you anywhere quickly. Within short walking distance of the urban nightlife center are outdoor adventures. Hayden Butte, otherwise known as A Mountain, is a great hike, and there are miles of bicycle and jogging paths at Tempe Town Lake. Boat, bike, stroll or compete in an Ironman triathlon then relax with your favorite beverage on one of the patios.

Community Facilities

The award-winning Tempe Center for the Arts, Tempe History Museum, ASU Art Museum and the world’s largest ceramics collection all await visitors. Kiwanis Wave Pool and Big Surf bring ocean waves to the desert. LegoLand and SeaLife Aquarium are great places for kids to spend time. Tempe serves its small and emerging businesses with its Business Resource and Innovation Center at the Tempe Public Library. Entrepreneurs can get training, use conference space and get one-on-one business help from experts.

Basic Information

Founded 1879 Incorporated 1894
Elevation 1,159 ft. Location Maricopa County
     
Distance to major cities:
Phoenix 9 miles San Diego 356 miles
Tucson 112 miles Los Angeles 381 miles
Las Vegas 302 miles  

Population

2000 2010 2023 (est.)
Tempe 158,625 161,974 181,548
Maricopa County 3,072,149 3,824,058 4,507,419
State of Arizona 5,130,632 6,401,569 7,285,370

Office of Economic Opportunity

Arizona Dept. of Revenue & Arizona Tax Research Foundation

SALES TAX / TRANSACTION PRIVILEGE TAX

Tempe 1.80%
Maricopa County 0.70%
State 5.60%

Arizona Dept. of Revenue & Arizona Tax Research Foundation

Labor Force

2000 2010 2022
Civilian Labor Force 98,365 97,170 120,296
Unemployed 2,810 9,225 4,811
Unemployment Rate 2.9% 9.5% 4.0%

Office of Economic Opportunity

Workforce Education Attainment

Count Share
Less than high school 7,921 6.5%
High school or equivalent, no college 18,520 15.3%
Some college or Associate degree 38,474 31.7%
Bachelor’s degree or advanced degree 56,459 46.5%

American Community Survey

Industry (ranked by employment)

  Count Share
Education, health care & social assistance 27,355 25.2%
Professional, scientific, & administrative services 15,107 13.9%
Arts, entertainment, food & recreation services 13,526 12.5%
Finance, insurance & real estate 11,456 10.6%
Retail trade 11,143 10.3%
Manufacturing 8,281 7.6%
Transportation, warehousing, & utilities 4,971 4.6%
Construction 4,477 4.1%
Other services, except public administration 4,063 3.7%
Information 2,806 2.6%
Public administration 2,761 2.5%
Wholesale trade 2,371 2.2%
Agriculture, forestry, fishing, hunting, & mining 259 0.2%

American Community Survey

This profile was prepared by the Arizona Commerce Authority in cooperation with local sources. For further information, please contact:

City of Tempe
Donna Kennedy
31 E 5th St
Tempe, AZ 85281
Phone: 480-858-2395
Email: [email protected]
Website: www.tempe.gov
Downtown Tempe Community, Inc.
310 South Mill Ave. Ste S-201
Tempe, AZ 85281
Phone: 480-921-2300
Email: [email protected]
Website: www.downtowntempe.com
Greater Phoenix Economic Council
2 N. Central Avenue, Suite 2500
Phoenix, AZ 85004
Phone: 602-256-7700
Email: [email protected]
Website: http://www.gpec.org
Arizona Commerce Authority
Statewide Economic Development Group
100 N. 7th Ave., Suite 400
Phoenix, AZ 85007
Phone: 602-845-1200
Email: [email protected]
Website: www.azcommerce.com



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