Lake Havasu City has the 549th largest population in the United States. The population grew by 1.9% from 2010 to 2015, which was faster than the national average. Unemployment in the Lake Havasu City area is 6%, which is higher than the national average, and is getting better. Lake Havasu City has the 346th largest local economy in the US, and a high cost of living. The average pay for jobs in Lake Havasu City is below average at $37,620, and the median cost of a home in Lake Havasu City is $194,800, which is above the national average. 14% of workers in Lake Havasu City hold a bachelors degree or higher (above average), and 89% of workers have a high school degree (above average). Driving to work is especially common in Lake Havasu City. 77% of Lake Havasu City workers drive to work alone, 0% take public transit, 14% carpool, and 8% walk. People in Lake Havasu City spend an average of 18 minutes commuting to work, which is shorter than the national average of 26 minutes.