Located in the state of Arizona, Lake Havasu City is a mid-sized city with a population of 53,058 residents. If we look at the most recent Census, Lake Havasu City is known to have a predominantly White population. The next two most common races are Asian and American Indian and Alaskan. Based on an average age of 53, Lake Havasu City appears to be a city better suited for seniors or retirees as the average age is well above the national average. Lake Havasu City is known to be family friendly as more than 79% of the population has already tied the knot. It might also be worth noting that 79% of residents also have children under the age of 18.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Lake Havasu City, Arizona could be a positive experience for anyone who puts in the effort to do the research required. To help you find the best places to live in and around Lake Havasu City, AreaVibes has created a livability score using key metrics like crime, cost of living, weather, housing and more.
The livability score in Lake Havasu City is 73/100 and the city is ranked in the 76th percentile of all cities across America. For each of the livability categories, we see that Lake Havasu City ranks very well for amenities (A+), crime (B-) and weather (B). There are some categories that Lake Havasu City scores poorly for, including: education (D-). It might be worth taking a closer look to figure out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Lake Havasu City has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the interesting things to do and attractions include: London Bridge, Lake Havasu, and Sunset Charter & Tour Co..
Assuming that Lake Havasu City meets all of your requirements, the next most important item to examine is the affordability of real estate in Lake Havasu City. Everything else becomes a lot less important if it turns out that home prices in Lake Havasu City are simply unattainable. The median home price for Lake Havasu City homes is $208,800, which is 18% higher than the Arizona average. If we take a closer look at the affordability of homes in Lake Havasu City, we’ll see that the home price to income ratio is 4.7, which is 34.3% higher than the Arizona average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Lake Havasu City area were 14.1% and 5 year appreciation rates were 8.8%.