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This question is about Lake Havasu City, AZ.
What is a good salary in Lake Havasu City, AZ?
A good salary in Lake Havasu City, AZ is anything over $35,000. That's because the median income in Lake Havasu City is $35,000, which means if you earn more than that you're earning more than 50% of the people living in Lake Havasu City. The average salary in Lake Havasu City is $41,380.
A good hourly wage in Lake Havasu City is $16.83 per hour. That works out to a good weekly wage of $673 per week and a good monthly wage of $2,916 per month. However, using the median income is only one way to calculate a good salary in Lake Havasu City.
Another way to calculate a good salary in Lake Havasu City is to look at the price of housing and use that to back into a good salary. Experts agree that you want to maintain about a 5 to 1 home price to income ratio. Based on the median home price of $248,200, a good salary in Lake Havasu City would be $49,640.
Lastly, we can determine a good salary in Lake Havasu City by looking at the cost of living and comparing it to the US average salary. The cost of living in Lake Havasu City is 3% higher than than the national average. The national average salary is $56,310, so a good salary in Lake Havasu City is anything over $57,999 by this measure.
Average Annual Salary in Lake Havasu City, AZ
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $17,000 | $1,416 | $326 | $8.17 |
| 25th | $24,000 | $2,000 | $461 | $11.54 |
| Median | $35,000 | $2,916 | $673 | $16.83 |
| 75th | $51,000 | $4,250 | $980 | $24.52 |
| 90th | $71,000 | $5,916 | $1,365 | $34.13 |
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