Phoenix Event Design, Event Planning, and Event Management
Phoenix is the capital and most populous city of the U.S. state of Arizona, with 1,608,139 residents as of 2020. It is the fifth most populous city in the United States, the most populous state capital in the country, and the only U.S. state capital with a population of more than one million residents.
Phoenix is in the south-central portion of Arizona; about halfway between Tucson to the southeast and Flagstaff to the north, in the southwestern United States. By car, the city is approximately 150 miles (240 kilometers) north of the US–Mexico border at Sonoyta and 180 mi (290 km) north of the border at Nogales. The metropolitan area is known as the "Valley of the Sun" due to its location in the Salt River Valley.
As of 2020, Phoenix has 590,149 dwelling units, with an occupancy rate of 87.2%. The largest segment of vacancies is in the rental market, where the vacancy rate is 14.9%, and 51% of all vacancies are in rentals. Vacant houses for sale only make up 17.7% of the vacancies, with the rest being split among vacation properties and other various reasons.