The small city of Lake Havasu City, Arizona is home to approximately 52,527 people. This desert oasis offers a unique living experience with a variety of recreational activities and entertainment options for both locals and visitors alike. Rent for two bedroom homes in the area average around $1,210 per month which is slightly lower than the national average of $1,430. Grocery costs in Lake Havasu are also lower than the nationwide average as the cost index stands at 98 compared to 100 across the US. Quality services can be found at numerous local companies including Gaudin Motor Company who specialize in automotive sales and repairs, Magic Touch Landscape Services who provide residential and commercial landscaping services, and MJ Security Services offering both home security systems and alarm monitoring.
Lake Havasu City (zip 86406) has an unemployment rate of 6.2%. The US average is 6.0%.
Lake Havasu City (zip 86406) 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 42.1%, which is higher than the US average of 33.5%.
Tax Rates for Lake Havasu City (zip 86406)
- The Sales Tax Rate for Lake Havasu City (zip 86406) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Lake Havasu City (zip 86406) 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 (zip 86406)
- The average income of a Lake Havasu City (zip 86406) resident is $25,937 a year. The US average is $28,555 a year.
- The Median household income of a Lake Havasu City (zip 86406) resident is $66,298 a year. The US average is $69,021 a year.