Key Economic Benchmarks
Median Household Income
$70,148$5,846 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Lake Havasu City, AZ
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Lake Havasu City, AZ
Official FY2026 HUD Fair Market Rents for Lake Havasu City-Kingman, AZ MSA. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,053 | $12,636 | $42,120 | 18% |
| 1-Bedroom Apartment | $1,060 | $12,720 | $42,400 | 18.1% |
| 2-Bedroom ApartmentBenchmark | $1,365 | $16,380 | $54,600 | 23.4% |
| 3-Bedroom Home | $1,897 | $22,764 | $75,880 | 32.5% |
| 4-Bedroom Home | $2,090 | $25,080 | $83,600 | 35.8% |
50/30/20 Living Budget in Lake Havasu City, AZ
Based on the local median household income of $70,148/year ($5,846/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Arizona
Explore net income after federal income tax, FICA, and Arizona state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Arizona with official federal datasets:
Frequently Asked Questions About Living in Lake Havasu City, AZ
What is the median household income in Lake Havasu City, AZ?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Lake Havasu City, AZ is $70,148 per year (approximately $5,846 per month).
What is the average rent in Lake Havasu City, AZ?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Lake Havasu City, AZ are $1,053 for a studio, $1,060 for 1 bedroom, $1,365 for 2 bedrooms, $1,897 for 3 bedrooms, and $2,090 for 4 bedrooms.
How does the cost of living in Lake Havasu City, AZ compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Lake Havasu City, AZ is 94.1 (5.9% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Lake Havasu City, AZ?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,365/month) in Lake Havasu City, AZ requires a minimum gross household income of $54,600 per year ($4,550 per month).
What is a balanced 50/30/20 monthly budget in Lake Havasu City, AZ?
For a typical household earning the median income of $70,148/year ($5,846/month) in Lake Havasu City, AZ, a balanced 50/30/20 budget allocates $2,923/month to essential needs (rent, utilities, groceries), $1,754/month to discretionary spending, and $1,169/month to savings and debt repayment.
What are typical electricity and utility costs in Lake Havasu City, AZ?
Residential electricity rates in Arizona average 15.2¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $137 per month.