The campaign focused largely on pulling the nation's sixth largest city out its economic and foreclosure slump.
"The people of this city have made it clear: Phoenix is ready to move forward," Stanton said in a speech Tuesday night.
"We're ready to lead," Stanton said Wednesday morning. "We've been planning for this for a long time. I was gratified that the voters believed in our message about what is right for the future of the city.
"The campaign is just one phase," he continued. "The next phase is rolling up our sleeves and getting to work, and that's exactly what we're going to do."
Stanton said it is essential to create a "more diverse, sustainable economy" in Phoenix. Part of that, according to Stanton, includes a better educated work force.
"Let's build for the long term," Stanton said. "We're competing in an international economy. Let's get ready for it. That's exactly what I plan to do in leading the city."
As incoming mayor, Stanton will inherit a somewhat contentious City Council, with several disagreements playing out in the public eye.
"I plant to work closely with this Council -- all the members of the Council," Stanton said. "I'm going to work with them individually, know what their priorities are, empower them to take a leadership role. I think you'll be shocked how well it works. ... As a leader, you bring everyone together. You work as a team."
Stanton said he is very aware of where his obligations lay.
"I know who just voted for me. It's the people of the city of Phoenix," Stanton said. "That's who I represent. So as we go through these tough decisions that we have to make as a city, my responsibility is to the people of the city.
"My style is to work in partnership with everyone," the mayor elect continued. "But at the end of the day, my obligation is to serve the people of the city."
Stanton, a Democrat and former member of the City Council, will be sworn in as the 52nd mayor of Phoenix, in January. He will replace outgoing Mayor Phil Gordon, who has served since 2004.
A record 27 percent of registered voters in Phoenix cast ballots in the runoff election.