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Home | Arizona | Above Average Costs | December 1, 2018

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Finding the Best Places to Retire Since 2006!

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Short Review of Lake Havasu City, Arizona

Lake Havasu City (population 54,000) is located along the Arizona - California border and sits on the eastern shore of 45-mile long Lake Havasu, a large, shimmering reservoir that was created by the Parker Dam construction in the 1930s. Originally a planned community for Army Air Corps personnel during World War II, Lake Havasu City was purchased by chainsaw industry mogul Robert McCulloch in 1963.

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Since those early days, the city has evolved into a popular tourist and vacation destination, attracting nearly one million visitors per year (including some college Spring Break revelers). Retirees, many from California, have discovered the city, too, and it has flourished, doubling in size during the last two decades (and the population increases by about 15% each winter as "snowbirds" flock to the area). During this high season, Lake Havasu City can take on somewhat of a party atmosphere with boats lined up and down the water. During the rest of the year, the city is fairly quiet.

Fifty-three pecent of locals are age 45 or better. Politics lean very much to the right, and the crime rate is below the national average. The city has some racial diversity.

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The cost of living is 5% above the national average, and the median home price is $245,000. Much of the available real estate is lakefront or has a water view.

With a pretty desert landscape and mountains nearby, Lake Havasu City is often hailed as one of North America's preeminent water sports hubs. Lake Havasu is perfect for jet skiing, wind surfing, wakeboarding, sailing and fishing (particularly for bass and sometimes the elusive white sturgeon). Fishing charters and boat rentals are always available if needed.

For a more rustic excursion, Lake Havasu State Park boasts a full tapestry of beautiful scenery from Windsor Beach to Cattail Cove with rolling hills in between. Hiking, camping, and fishing are among the main activities enjoyed in this historic state park.

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Lake Havasu City also has a bit of fame as the home of the original London Bridge, which Robert McCulloch purchased from the city of London, England in 1967 when the bridge could no longer support that city's increasing automobile traffic. McCulloch hoped that the reconstructed 1831 bridge, which was transported brick by brick half way around the globe, would draw new home buyers and tourists to his remote city in the desert. His publicity stunt worked. Today, London Bridge is Arizona's second most popular tourist attraction (the Grand Canyon remains number one).

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The city boasts some upscale restaurants, and The Shops has national retailers, including J.C. Penney, Walmart and Dillard's. Five golf courses have a Lake Havasu City address.

The Mojave County Senior Center has a variety of programs and activities for people age 60+, including congregate meals and meals delivered to the homebound.

Havasu Mobility offers curb-to-curb service to people age 60+ who need transportation to work, medical offices, the grocery store and other destinations. The fare is $3.00 per ride. There is also a shuttle specifically for veterans.

Havasu Regional Medical Center has 180 beds and is accredited by the Joint Commission. Medicare patients are accepted.

Lake Havasu City is hot, hot, hot in the summer (really April through October), with temperatures reaching into the 120s some days. Winters are mild and beautiful, with temperatures in the 40s, 50s, 60s and 70s. The area receives just three inches of rain per year, but flash floods can occur. On the comfort index, a combination of humidity and temperature, the city comes in above the national average. The sun shines 300+ days of the year.

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Recommended as a Retirement Spot? Yes | Is Arizona Tax-Friendly at Retirement? Yes

Great water recreation, sunny skies, dry air, beautiful winters and a pretty natural landscape are reasons to consider Lake Havasu City for retirement.

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Arizona:

The Grand Canyon State was originally part of New Mexico. After the land was ceded to the U.S. in 1848, it became a separate territory. It did not enter the union until February 14, 1912. Copper was discovered in the area in 1848, and metals mining continues to be an important part of the economy. Cattle and tourism are two of the states other vital industries.

Although Arizona can be one of the hottest states in the union, air conditioning continues to bring more and more people to the urban areas. The Colorado Plateau spreads through Arizona from the north and is interspersed with remnants of the Rocky Mountains. The land flattens into desert near Phoenix. The Colorado River forms the state's western borders and snakes through the Grand Canyon.

Arizona is home to places with names like Nothing, a ghost town in western Arizona, and the Horspitality Resort.

The state is stubborn when it comes to time. It observes Mountain Standard Time on a year round basis.

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Stats:

Population - 6,931,030 

Persons 65 years old and over - 17%

High school graduates, persons age 25+ - 86% 

Bachelor's degree or higher, persons age 25+ - 27% 

Persons of Hispanic or Latino origin - 31% 

White persons, not Hispanic - 58% 

Median household income - $50,225 

Median home value - $167,500 

Social Security taxed? No

Source: U.S. Census Bureau

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