According to this research, Arizonans are doing pretty well relative to other areas in Optimism, the feeling you can get ahead if you work hard. It's different for non-hispanic whites vs Latino and African American populations. This looks like an interesting tool to investigate further, as the article refers to an interactive map.
And here's a link to an interview with the author of Happiness for All? Unequal Lives and Hopes in Pursuit of the American Dream,