Mohave Valley, AZ Profile: Facts & Data

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Mohave Valley, Arizona - Basic Facts

The Mohave Valley Census Designated Place had a population of 2,794 as of July 1, 2020.

The primary coordinate point for Mohave Valley is located at latitude 34.9331 and longitude -114.5889 in Mohave County. The formal boundaries for the Mohave Valley Census Designated Place encompass a land area of 14.02 sq. miles and a water area of 0.02 sq. miles. Mohave County is in the Mountain time zone (GMT -7). The elevation is 469 feet.

The Mohave Valley Census Designated Place (GNIS ID: 2408851) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Arizona is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Mohave Valley Census Designated Place is located within Bullhead City Division of Mohave County.


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Mohave Valley, AZ Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 2,794 (100%)
Population in Households 2,794 (100.0%)
Population in Families 2,326 (83.2%)
Population in Group Quarters1 0
Population Density 199
Diversity Index2 61
 
 

INCOME

Median Household Income $52,347
Average Household Income $65,142
% of Income for Mortgage4 19%
Per Capita Income $24,605
Wealth Index5 62
 

HOUSING

Total HU (Housing Units) 1,388 (100%)
Owner Occupied HU 789 (56.8%)
Renter Occupied HU 253 (18.2%)
Vacant Housing Units 346 (24.9%)
Median Home Value $234,626
Average Home Value $290,177
Housing Affordability Index3 143
 

HOUSEHOLDS

Total Households 1,042
Average Household Size 2.68
Family Households 766
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 0.64% 2.33%
Households 0.75% 2.61%
Families 0.74% 2.37%
Median Household Income   0.86%
Per Capita Income   2.27%
Owner Occupied HU   3.25%

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Mohave Valley, AZ - Peer Comparisons by Rank and Percentile

The table below compares Mohave Valley to the other 450 incorporated cities, towns and CDPs in Arizona by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 132 71st
Population Density # 218 52nd
Median Household Income # 127 72nd
Housing Affordability Index # 187 42nd
Per Capita Income # 182 60th
Diversity Index # 138 70th

Additional comparisons and rankings can be made with a VERY EASY TO USE Arizona Census Data Comparison Tool.

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