Lake Havasu City-Kingman Metro Area, AZ Economy


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United States / Arizona / Lake Havasu City-Kingman Metro Area / Counties / Cities / Zip Codes
Lake Havasu City-Kingman, AZ Metro Area is a vibrant community that offers residents a high quality of life. Located in northwestern Arizona and the Mojave Desert, it is close to the Colorado River. This area attracts many tourists due to its numerous attractions, including Lake Havasu City Beach Park, London Bridge Resort, and Katherine Landing. Additionally, it can boast several local businesses like Big River Electric Inc., Silver Creek Boat Storage, ABC Automotive Repair LLC, and C&N Printing. With an affordable cost of living compared to other cities in the US—including rent prices at $1,060 per month for two bedrooms and a grocery cost index of 95—this metro area affords its residents an excellent standard of living while still being able to enjoy all the amenities this location has to offer.

Lake Havasu City-Kingman Metro Area has an unemployment rate of 7.1%. The US average is 6.0%.

Lake Havasu City-Kingman Metro Area 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 Lake Havasu City-Kingman Metro Area
- The Sales Tax Rate for Lake Havasu City-Kingman Metro Area is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Lake Havasu City-Kingman Metro Area 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 Lake Havasu City-Kingman Metro Area
- The average income of a Lake Havasu City-Kingman Metro Area resident is $20,709 a year. The US average is $28,555 a year.
- The Median household income of a Lake Havasu City-Kingman Metro Area resident is $49,738 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLake Havasu City-Kingman, ArizonaUnited States
  7.16
  -2.7%-6.2%
  41.2%33.5%
  5.9%6.2%
  3.4%4.6%
  $29,657$37,638
  $49,738$69,021
  $59,314$85,028
  Population by Occupation
  0.5%1.2%
  0.6%0.5%
  7.8%6.8%
  5.5%10.0%
  1.5%2.5%
  13.2%11.0%
  5.0%4.8%
  1.4%0.8%
  1.5%1.9%
  3.3%4.7%
  2.6%1.9%
  3.7%7.6%
  0.1%0.1%
  3.9%4.2%
  7.1%9.3%
  15.0%14.0%
  5.3%2.1%
  11.0%7.0%
  4.8%4.8%
  6.1%4.7%
Reviews for Lake Havasu City-Kingman
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Over 1 years ago

this place is amazing  More

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I lived in Kingman for three years and in Bullhead City over six years. I started a business in Kingman but had to shut it down and move. Everyone I hired was on drugs  More

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