Lake Havasu City, AZ
Population 58,037 · Arizona
About Lake Havasu City, AZ
Lake Havasu City is a mid-sized city located in Arizona with a population of 58,037 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,264 per year, which is 12% below the national median of $75,149. The median age of 55.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lake Havasu City features a median home value of $411,500, which is 68% above the national median of $244,900. This places Lake Havasu City in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,269, 9% above the national average of $1,163/month. Of the 35,294 total housing units, 73% are owner-occupied (20,220 units) and 27% are renter-occupied (7,335 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Havasu City shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 13.9%, above the national average of 12.4%. Workers in Lake Havasu City have an average one-way commute time of 16.4 minutes, one of the shorter commutes in the region.
Education & Demographics
18.4% of Lake Havasu City residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 12.6% White, 2.3% Hispanic or Latino, 0.7% Black or African American, and 2.1% Asian residents, with 6.0% of the population being foreign-born.
Climate & Weather
Lake Havasu City experiences an annual average temperature of 74.7°F with 5.52" of precipitation per year. The warm climate makes it appealing for those who prefer mild winters and plenty of sunshine. Summer highs average around 110°F (July–August), while winter lows dip to approximately 45°F (December–January).
How Lake Havasu City Ranks in Arizona
Cost of Living in Lake Havasu City, AZ
Compared to national averages, Lake Havasu City has a median household income of $66,264 (12% below the national median of $75,149). Home values average $411,500, which is 68% above the national median. Monthly rent at $1,269 is 9% above the US average of $1,163. Within Arizona, Lake Havasu City's income is 7% above the state average of $62,086, and home values are 74% above the state median of $237,048.
Why Live in Lake Havasu City, AZ?
Lake Havasu City offers short commute times averaging just 16.4 minutes.
Potential considerations include median household income ($66,264) that falls below the national average, and a competitive housing market where the typical home costs $411,500. However, as a mid-sized city, Lake Havasu City provides access to a wide range of amenities and services.
Lake Havasu City has a population of 58,037 with a median age of 55.7 years. Compare Lake Havasu City with other cities to see how it stacks up, or explore all cities in Arizona.
Similar Cities Near Lake Havasu City
Cities in Arizona with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Casa Grande | 57,590 | $66,354 | $258,200 | Compare |
| Marana | 54,487 | $108,256 | $380,100 | Compare |
| Maricopa | 62,986 | $94,208 | $338,600 | Compare |
| Catalina Foothills | 51,756 | $113,201 | $604,100 | Compare |
| Queen Creek | 66,369 | $134,719 | $576,600 | Compare |
| Prescott Valley | 48,048 | $70,793 | $376,300 | Compare |
| Oro Valley | 47,595 | $105,342 | $440,400 | Compare |
| Prescott | 46,744 | $69,151 | $528,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Climate & Weather in Lake Havasu City
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 60 | 65 | 70 | 87 | 93 | 100 | 113 | 106 | 98 | 89 | 73 | 66 |
| Low °F | 43 | 45 | 51 | 62 | 71 | 76 | 89 | 85 | 77 | 65 | 52 | 47 |
| Rain " | 1.1 | 0.7 | 0.6 | 0.0 | 0.0 | 0.0 | 0.0 | 1.0 | 0.3 | 0.0 | 0.1 | 1.6 |
Other Cities in Arizona
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lake Havasu City With Other Cities
Frequently Asked Questions about Lake Havasu City
What is the population of Lake Havasu City, AZ?
The population of Lake Havasu City, AZ is 58,037 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Arizona.
What is the median household income in Lake Havasu City?
The median household income in Lake Havasu City, AZ is $66,264 per year, which is 12% below the national median of $75,149.
What is the median home value in Lake Havasu City?
The median home value in Lake Havasu City, AZ is $411,500, which is 68% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Havasu City?
The median monthly rent in Lake Havasu City, AZ is $1,269, which is 9% above the national average of $1,163/month.
What is the unemployment rate in Lake Havasu City?
The unemployment rate in Lake Havasu City, AZ is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake Havasu City, AZ a good place to live?
Lake Havasu City offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 58,037 and a median age of 55.7, the city appeals to established professionals and retirees.
How educated is Lake Havasu City, AZ?
18.4% of residents in Lake Havasu City aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lake Havasu City?
Key cost-of-living indicators for Lake Havasu City, AZ: median home value is $411,500 (68% above national), median rent is $1,269/month, and median household income is $66,264. The home-value-to-income ratio is 6.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Lake Havasu City?
The poverty rate in Lake Havasu City, AZ is 13.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lake Havasu City, AZ?
Lake Havasu City's population is 12.6% White, 2.3% Hispanic or Latino, 0.7% Black or African American, 2.1% Asian, and 0.5% two or more races. 6.0% of residents are foreign-born.