Lake havasu city, AZ β€” Cost of Living & Relocation Guide

Population: 58,926

πŸ“ Some data sourced from nearby metro area

75.8
Cost of Living
$64,027
Median Income
$495,000
Home Price

About Lake havasu city, AZ

Welcome to our comprehensive guide to Lake havasu city, AZ. With a population of 58,926, Lake havasu city features a cost of living index of 75.8 (24.2% below the national average of 100). The local economy supports a median household income of $64,027 (15% below the national average), while the real estate market offers homes at a median price of $495,000.

Explore our detailed crime and safety data (44% below the national average), school ratings, tax information, and climate data below. Compare Lake havasu city with Phoenix or other cities.

πŸ“… Data last updated: February 2026 | Sources: U.S. Census Bureau ACS, FBI UCR, BLS

Lake havasu city, AZ Quick Facts & Key Statistics

Cost of Living
75.8
↓ Below avg
US avg: 100
Population
58,926
Residents
Crime Rate
12.88
↓ Below avg
per 1,000 | US avg: 23.0
Median Income
$64,027
↓ Below avg
US avg: $75,000
Median Home Price
$495,000
↑ Above avg
US avg: $420,000
Average Rent
$2,211.79
↑ Above avg
/month | US avg: $1,405
Poverty Rate
11%
↑ Above avg
US avg: 11.5%
Unemployment
4.1%
↓ Below avg
US avg: 3.7%

πŸ’‘City Insights

Lake havasu city scores 5/10 for affordability, 8/10 for safety, and 6/10 for family-friendliness β€” an good overall profile. Its strongest aspect is safety, making it particularly suitable for those prioritizing security. This balanced profile makes Lake havasu city worth considering for various lifestyle priorities.

πŸ’°
Affordability
5/10
πŸ›‘οΈ
Safety
8/10
πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘¦
Family-Friendly
6/10
πŸ’Ό
Career Opportunities
6/10
🌳
Outdoor Activities
4/10
βœ“ Best for: Safety-conscious residents
⚠ Consider: Limited healthcare facilities

Living in Lake havasu city, AZ

Lake Havasu City, located in Mohave County, Arizona, is a vibrant city known for its picturesque views and recreational opportunities centered around Lake Havasu. It was founded in the 1960s and has since developed into a popular tourist destination. The city is renowned for the London Bridge, originally built in the 1830s and relocated here in 1971, making it a unique landmark in the Southwest. The climate in Lake Havasu City is characterized by hot summers and mild winters, attracting visitors year-round for outdoor activities. Water sports, such as boating, jet skiing, and fishing, are prevalent, as well as hiking and off-roading in the surrounding desert landscapes. The city hosts various festivals and events, including the Lake Havasu Music Festival and the annual Winterfest. With a population of around 59,000 Lake Havasu City offers a blend of small-town charm and modern amenities, including shopping, dining, and entertainment options. Its scenic beauty and recreational offerings make it a desirable location for both residents and tourists. The city's welcoming atmosphere complemented by its stunning lake views truly captures the spirit of Arizona's natural beauty.

How Lake havasu city Compares

Cost of Living
75.8 US: 100
Home Price
$495,000 US: $420K
Median Income
$64,027 US: $75K
Crime Rate
12.88 US: 23
Unemployment
4.1% US: 3.7%

Black line indicates 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 $64,027.

🏠

Income Needed to Buy

βœ— Stretch
$155k/year
Based on $495,000 median home price
Assumes 30-year mortgage at 7% with 20% down
🏒

Income Needed to Rent

⚠ Stretch
$95k/year
Based on $2211.79/month average rent
Annual income where rent = 28% of gross
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Pros & Cons of Moving to Lake havasu city, AZ

βœ“

Pros

  • β€’ Friendly community vibe
  • β€’ Sunny weather year-round
  • β€’ Vibrant festival scene
  • β€’ Strong tourism income
  • β€’ Active outdoor lifestyle
  • β€’ Close to national parks
  • β€’ Beautiful lake views
  • β€’ Great for water sports
  • β€’ Affordable housing options
  • β€’ Good retirement destination
βœ—

Cons

  • β€’ Few public schools available
  • β€’ High summer temperatures
  • β€’ Limited nightlife options
  • β€’ Less diverse demographics
  • β€’ Roads can be crowded
  • β€’ Public transport is lacking
  • β€’ Rising cost of living concerns
  • β€’ Limited kids' activities
  • β€’ Potential for seasonal tourism issues
  • β€’ Low job market competitiveness

Frequently Asked Questions

What is the cost of living in Lake havasu city, AZ? β–Ό

The cost of living in Lake havasu city, AZ is 24% lower than the national average, with a cost of living index of 76 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown β†’

How much does it cost to buy or rent a home in Lake havasu city, AZ? β–Ό

In Lake havasu city, AZ, The median home price is $495,000. requiring approximately $148,929 annual income to afford. Average rent is $2,212/month (requiring ~$88,472/year income). The local median household income is $64,027, making homeownership challenging for typical residents. Explore Lake havasu city real estate data β†’

Is Lake havasu city, AZ a safe place to live? β–Ό

Lake havasu city, AZ is average in terms of safety, with crime rates near the national average. The crime rate is 12.9 per 1,000 residents. Safety varies significantly by neighborhood. View detailed Lake havasu city crime statistics β†’

What salary do you need to live comfortably in Lake havasu city, AZ? β–Ό

To live comfortably in Lake havasu city, AZ and afford a median-priced home of $495,000, you would typically need a household income of $123,750 to $154,688 per year. The local median household income is $64,027. Renting requires approximately $88,472/year (at $2,212/month). See full affordability analysis β†’

What are the job opportunities like in Lake havasu city, AZ? β–Ό

Lake havasu city, AZ has an unemployment rate of 4.1%, which is above the national average of 3.7%. The median household income is $64,027, suggesting moderate local economic conditions. View Lake havasu city employment & demographics β†’

Is Lake havasu city, AZ growing? β–Ό

Lake havasu city, AZ has a population of 58,926. As a mid-to-large city, population trends depend on local housing development, job growth, and quality of life factors. The affordable housing market and competitive job market attract new residents. See Lake havasu city population demographics β†’

What are the best neighborhoods in Lake havasu city, AZ? β–Ό

The best neighborhoods in Lake havasu city, AZ depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods farther from the city center tend to offer more affordable options. Explore Lake havasu city on our interactive map β†’

What is the commute like in Lake havasu city, AZ? β–Ό

Commute times in Lake havasu city, AZ vary by neighborhood and workplace location. As a mid-size community, most residents rely on personal vehicles, though public transit options may be available. The affordable cost of living may allow for housing closer to employment centers. Explore commute times on our map β†’

How are the taxes in Lake havasu city, AZ? β–Ό

Tax rates in Lake havasu city, AZ include state and local components. The cost of living index of 76 suggests a lower overall tax and expense burden cost environment compared to the national average. View detailed Lake havasu city tax information β†’

How does Lake havasu city, AZ compare to Phoenix? β–Ό

Lake havasu city, AZ offers a more affordable alternative to nearby communities. With a cost of living index of 76, median home prices of $495,000, and a crime rate of 12.88 per 1,000 residents, you can compare these metrics side-by-side. Compare Lake havasu city vs Phoenix β†’

What is the weather like in Lake havasu city, AZ? β–Ό

Weather in Lake havasu city, AZ varies by season. Climate data varies by season. View detailed Lake havasu city climate & environment data β†’

Explore Lake havasu city in Detail

πŸ“… Last Updated: February 2026

Sources: U.S. Census Bureau (ACS), FBI Uniform Crime Reports, Bureau of Labor Statistics

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