Lake Havasu City, Arizona Income Statistics
Lake Havasu City Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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C
Lake Havasu City Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lake Havasu City | Arizona Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,026 | $80,381 | $80,455 |
| Median Personal Income | $52,222 | $56,905 | $60,758 |
| Average Yearly Income Growth | 6.0% | 5.7% | 4.8% |
| Six-Figure Earners | 11.0% | 12.5% | 13.9% |
| $200k+ Households | 8.5% | 11.6% | 13.2% |
The median household income in Lake Havasu City is about 13% lower than in Arizona. Income has been growing faster in Lake Havasu City (6.0%/yr) than in Arizona (5.7%/yr).
About 11% of adults in Lake Havasu City earn six figures ($100,000 or more) a year, lower than the Arizona average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Lake Havasu City, Arizona grew by 60.7% from 2009 to 2024, reaching $70,026 in 2024. That's an average of about 6.0% per year.
Lake Havasu City has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2021, at 10% lower. The gap has held fairly steady over the period.
Income Distribution in Lake Havasu City
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 7,019 households (30.0% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 23.6% of households in Lake Havasu City had an income under $35,000 and 14.3% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Lake Havasu City has a larger share of households earning $50,000 to $74,999 (19.5% vs 15.5%) and a smaller share earning $200,000 or more (8.5% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 1,328 | 5.7% | 5.1% |
| $10,000 to $14,999 | 785 | 3.4% | 3.5% |
| $15,000 to $24,999 | 1,744 | 7.5% | 6.4% |
| $25,000 to $34,999 | 1,648 | 7.1% | 6.7% |
| $35,000 to $49,999 | 2,466 | 10.6% | 10.1% |
| $50,000 to $74,999 | 4,546 | 19.5% | 15.5% |
| $75,000 to $99,999 | 3,826 | 16.4% | 12.6% |
| $100,000 to $149,999 | 3,671 | 15.7% | 17.4% |
| $150,000 to $199,999 | 1,359 | 5.8% | 9.5% |
| $200,000 or more | 1,990 | 8.5% | 13.2% |
Shares are of all 23,362 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 4,633 residents (11.0% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 11.9% of residents who have any income.
In 2024, 8.2% of Lake Havasu City residents aged 15 and over reported no personal income, 31.3% had some income but less than $25,000, and 18.9% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Lake Havasu City has a larger share of residents earning $50,000 to $74,999 (16.7% vs 14.3%) and a smaller share with no personal income (8.2% vs 12.8%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 3,477 | 8.2% | 12.8% |
| $1 to $9,999 | 4,367 | 10.3% | 11.2% |
| $10,000 to $14,999 | 3,502 | 8.3% | 7.0% |
| $15,000 to $24,999 | 5,373 | 12.7% | 10.5% |
| $25,000 to $34,999 | 4,635 | 11.0% | 9.5% |
| $35,000 to $49,999 | 5,867 | 13.9% | 12.6% |
| $50,000 to $74,999 | 7,052 | 16.7% | 14.3% |
| $75,000 to $99,999 | 3,349 | 7.9% | 8.2% |
| $100,000 or more | 4,633 | 11.0% | 13.9% |
Shares are of the 42,254 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 8.2% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Lake Havasu City
| Metric | Lake Havasu City | Arizona Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.513 | 0.548 | 0.552 |
| Male Median Income | $60,809 | $65,388 | $69,667 |
| Female Median Income | $54,215 | $54,779 | $56,850 |
| Gender Pay Gap | 10.8% | 16.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Lake Havasu City, it is 0.513, lower than Arizona's 0.548, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 12% more than women's income in Lake Havasu City, Arizona. Over a 35-year career, a 12% wage gap accumulates to roughly $230,790 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lake Havasu City, Arizona has narrowed from about 24% to 11% in 2024. Over that period the gap was widest at 27% in 2012, and was narrowest at 4% in 2023. In dollar terms, the gap has narrowed by $3,416 since 2009.
Employment
| Metric | Lake Havasu City | Arizona Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 5.1% | 5.2% |
| Working from Home | 10.2% | 18.4% | 15.0% |
| Commute time (minutes) | 12 | 22 | 22 |
Approximately 1,031 people are unemployed in Lake Havasu City, Arizona.
The average commute time in Lake Havasu City is 12 minutes, shorter than the 22 minutes in Arizona.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lake Havasu City, Arizona has fallen from 9.6% to 5.1% in 2024. Over that period the rate peaked at 10.9% in 2014.
Lake Havasu City has crossed the U.S. unemployment rate 3 times since 2011, most recently dropping below it in 2024, at 0.1 points lower.
Conclusion
Considering all these factors, Lake Havasu City, Arizona has an overall wealth index grade of C, making it about on par with Arizona, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Lake Havasu City, Arizona.
How Rich Is Lake Havasu City, Arizona?
Lake Havasu City has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $70,026, about 13% lower than the Arizona average of $80,381.
How fast is household income rising in Lake Havasu City, Arizona?
Between 2009 and 2024, the median household income in Lake Havasu City, Arizona rose 61%, from $43,588 to $70,026. Over the same years, income here kept pace with Arizona as a whole: +61% against +60%.
What was the median household income in Lake Havasu City in 2023?
In 2023, the median household income in Lake Havasu City, Arizona was $67,429, up 2% from $65,804 in 2022. The Arizona median that year was $77,075.
What was the median household income in Lake Havasu City in 2020?
In 2020, the median household income in Lake Havasu City, Arizona was $57,811. By 2024 it had risen 21% to $70,026.
What is the Gini coefficient in Lake Havasu City, Arizona?
The Gini coefficient in Lake Havasu City is 0.513. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Lake Havasu City, Arizona?
Since 2009, the income gap between men and women in Lake Havasu City, Arizona has narrowed from about 24% to 11% in 2024. Over that period the gap was widest at 27% in 2012, and was narrowest at 4% in 2023. In dollar terms, the gap has narrowed by $3,416 since 2009.
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