Economic Impact
The UA Tech Park creates just the kind of jobs we need in Southern Arizona – clean, high-paying, and tied to technologies and industries that will help our whole community prosper.
The UA Tech Park is a significant economic engine for Tucson, Pima County, and the state of Arizona. The Tech Park helps to:
- Attract new businesses
- Grow established businesses
- Launch new companies
- Commercialize new technologies
- Create high-paying jobs
How big is our impact? Here are some figures from our most recent analysis of the UA Tech Park’s economic impact:
- Annually, the UA Tech Park generates an economic impact of $2 billion statewide.
- The UA Tech Park is home to approximately 100+ tenant companies employing over 6,000 knowledgeable workers.
- The UA Tech Park is one of the region's largest employment hubs. The average wage is $66,900 which is significantly more than Pima County's average wage rate of $45,706.
- The UA Tech Park generated an estimated $52.8 million in tax revenues for the state, county, and city governments.