Quick facts: Kingman, AZ

Quick Facts

104.3
Cost of Living
above US average
34,918
Population
42.1
Crime Rate per 1000
above US average
$56,360
Median Income
below US average
$125,000
Median House Price
above US average
$1372.67
Average Rent
below US average
12%
Poverty Rate
above US average
4.2%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $56,360.

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Income Needed to Buy

βœ“ Affordable
$39k/year
Based on $125,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($56,360) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$59k/year
Based on $1372.67/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $59k vs median $56,360
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Kingman, AZ

Kingman, Arizona, is a charming city situated in Mohave County and serves as the county seat. Nestled along Historic Route 66, Kingman boasts a rich history and vibrant culture, making it a popular stop for travelers. The city is surrounded by stunning desert landscapes, providing a picturesque backdrop with opportunities for outdoor activities such as hiking, biking, and exploring nearby landmarks like the Hualapai Mountains and Grand Canyon Caverns. Kingman features a quaint downtown area with various shops, restaurants, and galleries that reflect the town's heritage. The Route 66 Museum is a notable attraction, showcasing the history and significance of this famous highway. The city enjoys a warm desert climate, with hot summers and mild winters, making it an attractive destination year-round. Residents and visitors can experience a mix of local events, seasonal festivals, and a strong sense of community. Kingman’s strategic location also serves as a gateway to other natural wonders in Arizona, including the Grand Canyon and Red Rock Canyon, enhancing its appeal as a travel hub.

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