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.
UNEMPLOYMENT: Mohave County's annual unemployment rate in 2021 was 5.5% (down from 9.7% in 2020, the first year of the COVID pandemic). At the peak of COVID business closures, the unemployment rate in Mohave County hit a high of 19.4% in April 2020. Mohave County’s unemployment rate of 5.5% in 2021 was higher than the statewide rate of 4.9% and the nationwide rate of 5.3%.
NONFARM PAYROLL EMPLOYMENT: Mohave County gained 1,800 jobs in 2022 for annual job growth of 3.4% (based on average monthly job numbers). The private sector added 1,700 jobs (3.7%) and the government sector grew by 100 jobs (1.3%). In the private sector, goods-producing jobs were up by 400 (5.6%) while service jobs grew by 1,300 (3.4%).
WAGES: The average annual wage in Mohave County in 2021 was $45,140 ($21.70 hourly), which was 82% of the Arizona statewide average wage of $55,170 ($26.53 hourly) and 77% of the national average wage of $58,260 ($28.01 hourly). Mohave County's average wage in 2021 was up 4.5% from 2020.
PERSONAL INCOME: In 2021, Mohave County had a per capita personal income (PCPI) of $41,331. This PCPI ranked 14th in the state and was 74.5% of the state average, $55,487, and 64.4% of the national average, $64,143. The 2021 PCPI reflected an increase of 6.8% from 2020. The 2020–2021 state change was 6% and the national change was 7.3%. In 2011, the PCPI of Mohave County was $25,960 and ranked 12th in the state. The 2011–2021 compound annual growth rate of PCPI was 4.8%. The compound annual growth rate for the state was 4.6% and for the nation was 4.1%.
GROSS DOMESTIC PRODUCT: In 2021, Mohave County produced 7,037,905 in current-dollar total GDP*. This GDP ranked 7th in the state and accounted for 1.7% of the state total. In 2011, the total GDP of Mohave County was 4,525,479 and ranked 8th in the state. In 2021, Mohave County real GDP grew 7.5%; the 2020–2021 state change was 6.3%. The 2011–2021 compound annual growth rate for Mohave County real GDP was 2.0%; the compound annual growth rate for the state was 2.7%.
*GDP estimates are in thousands of dollars.
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 2022, Mohave County's retail sales were up 7.8%, on the heels of record-high growth of 14.4% and 14.3% in 2020 and 2021, respectively (with records back to 2009). Mohave County's restaurant & bar sales were up 8.7% in 2022, after record-high growth of 25.5% in 2021. Hotel/motel receipts were up 10.5% in 2022, after strong growth of 16.1%, 10.3%, and 44.5% in 2019, 2020, and 2021, respectively.
BANK DEPOSITS: In 2022, bank deposits in Mohave County (as of June 30) were up 0.4% from 2021. That was on the heels of strong growth of 21.2% and 19.6% in 2020 and 2021, respectively. Deposits in recent years were helped along by COVID stimulus payments and programs.
HOME PRICES & DAYS ON MARKET: In March 2022, the median price of homes sold in Mohave County was $369,900, according to National Association of Realtors. That was up 16.2% from March 2021. The median days on market in March was 53, up from 52 in March 2021. As of May 2022, there were 4,469 homes listed for sale in Mohave County, up from 3,356 in June 2021. (Data in this section updated annually; for the most recent monthly data, visit Mohave County, AZ Real Estate Market.)
NEW HOME CONSTRUCTION: In 2021, building permits were issued for 1,541 new single-family homes in Mohave County, up 19.6% from 2020. New home permits in 2021 were at a record high (with records back to 2007). The average permit value in 2021 was $217,966, up 3.6% from the year prior. For the most recent monthly data, click here.
Mohave New Residential Construction (building permits & valuation) (2007-current) (xlsx)
DownloadIn 2021, visits to Lake Mead in Mohave County fell 13.2%, following an increase of 57.3% in 2020. Visits to Lake Havasu were down 17.8% in 2021, following a 22.5% jump in 2020. Visits to Cattail Cove were down 18.5% in 2021, after increasing 5.0% in 2020. Pipe Spring visits were up 126.2% in 2021, following a 61.3% COVID-related decline in 2020.
According to research by Dean Runyan Associates for Arizona Office of Tourism, Mohave County's travel industry (including business and leisure travel) generated $766.7 million in direct spending in 2021, up 47% following a COVID-related decline of 21.8% in 2020. Mohave County's travel industry supported 7,100 jobs countywide in 2021 (up 26.9% after falling 12.8% the year prior) with associated household earnings of $231 million (up 35.2% following a 5.1% drop the previous year).