Mohave County, Arizona is a vibrant and growing county located in the western part of the state. It boasts a wide range of attractions including Lake Havasu and the Grand Canyon Skywalk, which makes it popular for both tourists and locals alike. The average 2 bedroom rent in Mohave County is $1,060, which is significantly less than the US average of $1,430. This makes it more affordable to live in Mohave County compared to other parts of the country. Additionally, its grocery cost index is 95 versus 100 in the US, meaning that groceries are cheaper here than elsewhere in the United States. The local economy here has been bolstered by major corporations such as Walmart and Target who have made large investments in their stores here. Other companies such as Arizona Public Service Company and Arizona Plating Corporation have also set up operations here as well. These business opportunities have resulted in better job opportunities for those living in Mohave County with lower housing costs making it an attractive place to call home.
Mohave County has an unemployment rate of 7.1%. The US average is 6.0%.
Mohave County 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 County
- The Sales Tax Rate for Mohave County is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Mohave County 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 County
- The average income of a Mohave County resident is $20,709 a year. The US average is $28,555 a year.
- The Median household income of a Mohave County resident is $49,738 a year. The US average is $69,021 a year.