Mohave County, Arizona

Mohave County's population as of Census 2020 was 213,267, up 6.5% from 2010. Mohave County's population is expected to reach 251,321 in 2030 and 309,443 in 2060, according to projections by Arizona Office of Economic Opportunity. 

PERSONAL INCOME: In 2023, Mohave County had a per capita personal income (PCPI) of $46,777. This PCPI ranked 12th in the state (of Arizona's 15 counties) and was 74.8% of the state average, $62,543, and 67% of the national average, $69,810. The 2023 PCPI reflected an increase of 7.1% from 2022. The 2022–2023 state change was 6.1% and the national change was 5.4%. In 2013, the PCPI of Mohave County was $27,154 and ranked 13th in the state. The 2013–2023 compound annual growth rate of PCPI was 5.6%. The compound annual growth rate for the state was 5.4% and for the nation was 4.6%.

GROSS DOMESTIC PRODUCT: In 2023, Mohave County produced $8.8 billion in current-dollar total Gross Domestic Product (GDP). This GDP ranked 7th in the state (of Arizona's 15 counties) and accounted for 1.7% of the state total. From 2022 to 2023, Mohave County real GDP grew 4.3%; for all Arizona, GDP grew 3.0%. Back in 2013, the total GDP of Mohave County was $4.8 billion and ranked 7th in the state. The 2013–2023 compound annual growth rate for Mohave County real GDP was 2.8%; the compound annual growth rate for the state was 3.5%.

For more info on Mohave County's personal income and GDP, check out the county's BEA Regional Fact Sheet (BEARFACTS) 

MAJOR INDUSTRY SALES: In 2024, Mohave County's retail sales were up 0.6% after falling 0.8% in 2023 (that was on the heels of record-high growth of 14.4% and 14.3% in 2020 and 2021, respectively [with records back to 2009], followed by a gain of 7.8% in 2022). Mohave County's restaurant & bar sales were up 1.0% in 2024 after record-high growth of 25.5% in 2021 and increases of 8.7% in 2022 and 5.5% in 2023. Hotel/motel receipts were down 0.5% in 2024 after falling 2.9% in 2023 (that followed strong annual growth of 16.1%, 10.3%, 44.5%, and 10.5% in 2019, 2020, 2021, and 2022, respectively. Mohave County's restaurant & bar industry declined less than 0.1% while its lodging industry saw receipts grow by 16.1% in 2020, the first year of the COVID pandemic.

BANK DEPOSITS: In 2024, bank deposits in Mohave County (as of June 30) were up 4.3% from a year prior, after falling 8.9% in 2023. That followed growth of 21.2% in 2020, 19.6% in 2021, and 0.4% in 2022. Deposits in those years were helped along by stimulus payments and other COVID programs.

HOUSING MARKET DATA:  For the most recent housing market data and trends (median listing home price, median listing home price per square foot, median sold home price, sale-to-list price ratio, median days on market, and more) for Mohave County, visit Mohave County, AZ Real Estate Market.)

NEW HOME CONSTRUCTION: In 2023, building permits were issued for 2,086 new single-family homes in Mohave County, up 6.3% from 2022. The average permit value in 2023 was $199,327 (does not include value of land), down 27.9% from the year prior. For the most recent monthly data, click here.