Mohave Valley, AZ, offers a more affordable cost of living compared to the US average. Rent for two bedroom apartments is $980 per month, while the US average for the same size is $1,430. In addition, the Grocery Cost Index in Mohave Valley is 96 versus 100 in the US. This makes it an ideal place to live if you seek a lower cost of living. In Mohave Valley, there are several local businesses that offer a variety of services and goods. These include grocery stores like Food 4 Less and Wal-Mart Supercenter; department stores like Ross Dress for Less and Bealls Outlet; and restaurants such as Red Robin Gourmet Burgers and El Charro Mexican Restaurant. There are also several banks in the area such as Bank of America, Chase Bank, Wells Fargo Bank, and U.S. Bank.
Mohave Valley has an unemployment rate of 7.1%. The US average is 6.0%.
Mohave Valley has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 41.2%, which is higher than the US average of 33.5%.
Tax Rates for Mohave Valley
- The Sales Tax Rate for Mohave Valley is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Mohave Valley is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mohave Valley
- The average income of a Mohave Valley resident is $25,139 a year. The US average is $28,555 a year.
- The Median household income of a Mohave Valley resident is $56,410 a year. The US average is $69,021 a year.