Phoenix indexes 74/100 on the Class A Atlas talent index, with strong tech, semiconductor, healthcare, and financial services back-office talent.
Phoenix indexes 74/100 on the Class A Atlas talent index, with strong tech, semiconductor, healthcare, and financial services back-office talent.
Strong tech, semiconductor, healthcare, and financial services back-office talent. ASU Tempe is the largest single-campus US university and a major engineering pipeline. TSMC and Intel are reshaping the engineering talent market.
Total cost of locating in Phoenix is the sum of rent, fit-out">fit-out, and salary delta vs. comparable markets. Use the City Comparator tool to benchmark Phoenix against peer cities on a single normalised view.
| city | Phoenix |
|---|---|
| country | United States |
| region | Americas |
| classARentLocal | 34 USD/sqft/yr |
| classARentUsd | $34/sqft/yr |
| vacancy | 23.4% |
| typicalLeaseYears | 7 |
| typicalRentFreeMonths | 12 |
| submarkets | 5 |
| primeYieldPct | 7.2% |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.