Housing costs in Lake of the Woods?
A typical home costs
$365,800, which is 8.2% more expensive than the national average of
$338,100 and 10.2% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Lake of the Woods costs
$1,060 per month, which is 31.6% cheaper than the national average of
$1,550 and close to the state average of
$1,040.
Can I afford Lake of the Woods?
To live comfortably in Lake of the Woods (zip 85929), Arizona, a minimum annual income of
$70,200 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Lake of the Woods?
The cost of living in 85929 Lake of the Woods, AZ is generally considered to be quite low compared to other areas. There are many affordable housing options available, with an average home price of around $125,000. The area also boasts a low unemployment rate and plenty of job opportunities for those seeking employment. Utilities and groceries can be purchased at discounted rates due to the competition between local stores. Although some taxes may be slightly higher than other areas, overall it is still quite affordable to live in the 85929 zip code when compared to more expensive regions.