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Mohave County, AZ

RANK #816 / 996  ·  POP 214,229  ·  AZ

PROJECTED GROWTH: -0.7%

Mohave County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Mohave County?

Mohave County, Arizona, is home to Lake Havasu City, known for its unexpected landmark: the London Bridge, which was dismantled in England and reassembled here. Located in the northwestern corner of Arizona, the county is about 2.5 hours south of Las Vegas and 3 hours west of Phoenix. It offers a blend of rural charm and access to larger metropolitan areas. The community has a friendly, small-town feel. The landscape features diverse terrain, including mountains, valleys, and extensive frontage along the Colorado River, with Lake Havasu and Lake Mohave providing opportunities for boating, fishing, and swimming. The county also contains parts of Grand Canyon National Park and the Lake Mead National Recreation Area, offering numerous trails for hiking, biking, and off-roading.

Life in Mohave County often appeals to retirees and those seeking outdoor recreation. Commute options within the county and to nearby cities like Las Vegas are available through shuttle services. The economy is expanding, with growth in sectors such as logistics, manufacturing, and tourism. Major companies have established operations, and there is a focus on workforce development through institutions like Mohave Community College's Advanced Manufacturing Training Center. The county's schools serve over 23,500 students in 71 public schools.

[02] Market Snapshot

Housing Ratio
6.9x

Above national median (4.7x)

GDP Growth
+7.9%

Well above national median

Home Prices
+0.7%

Well below national median

Climate & Terrain
5.8

Favorable climate & terrain

Price/Rent
13x

Below national median (13x)

Housing is fairly valued at 6.9x relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Mohave County U.S. National

The Numbers

DEMOGRAPHICS
Population
214,229
+1.4% YoY
Median Household Income
$53,592
Median Home Value
$233,700
+0.65% 12mo
Median Rent
$976
Average Annual Pay
$51,199
+3.0% YoY
Employment
56,391
+2.2% YoY
Income-to-Home-Value
0.2293
Near national average
Migration Inflow
1.24%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$364,500
Days on Market
69
Slower market
Months of Supply
4.6
Balanced market
Sale-to-List Ratio
97.7%
Negotiation room for buyers
Sold Above List
10.1%
Listings w/ Price Drops
25.2%
Building Permits (2024)
2,543
Single-Family Permits
2,459

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$13,254M
TOTAL
PROJECT AMOUNT STATUS
Entrata Data Center
Clean Cloud Energy (developer), Atwell, Inc. (civil engineer)
$12,500M Proposed
Mohave County Wind Farm
NextEra Energy Resources (owner), BP Alternative Energy North America, Mohave County Wind Farm, Orion Renewable Energy Group (developers)
$525M Operating
Mohave Solar Energy Array (Solar + Storage)
EDPR NA Distributed Generation, Mohave Electric Cooperative
$79M Operating
I-40: Rancho Santa Fe Traffic Interchange
Arizona Department of Transportation
$50M Under Construction
US 93, I-40 West Kingman Traffic Interchange Project
Arizona Department of Transportation
$50M Under Construction
Interstate Warehousing Expansion
Interstate Warehousing
$50M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +7.9% 96 percentile
Population Growth +1.4% 80 percentile
Income Growth +7.8% 31 percentile
Vacancy Rate 0.6% 89 percentile
Home Price Change +0.7% 40 percentile
Rent Growth +0.6% 15 percentile
Price/Rent 13x 52 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Mohave County, AZ a good place to move to?

Mohave County has a Boom Town Index score of 18/100, ranking #816 among 996 U.S. counties. With job growth at +2.2% and a median household income of $53,592, it faces some economic headwinds compared to faster-growing counties.

Is Mohave County affordable?

The median home value in Mohave County is $233,700 with median rent at $976/month. The income-to-home-value ratio is 0.2293, which is less affordable than the national average.

Is Mohave County growing or shrinking?

Population growth: +1.4% year-over-year. Job growth: +2.2%. Home values changed +0.7% in the past 12 months.

[08] Similar Metros

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