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CITY

Lake Montezuma

Arizona · 4,929 residents · 11.53 sq mi
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The short version

Lake Montezuma has lower-than-average household income, with a median household income of $64,455. Population has grown 47% since 2000. 16% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has roughly tripled since 2000, reaching $285,200. With a median age of 61.5, the population is older than the US median of 38.9.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 61.5
US median: 38.9
Less educated
16% hold a bachelor's degree
US average: 36%
Less affordable
home values up 63%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
4,929
+47%since 2000
from 3,344 in 2000
1990 – 2024
Population density
427 / sq mi
+47%since 2000
from 290 / sq mi in 2000
US average: 281
Median age
61.5
+38%since 2000
from 44.7 in 2000
US average: 38.9
Population, 1990 – 2024
1K3K4K5K6K1990201020202024Lake Montezuma
20245K
1990201020202024
Section 02

Income & economy

Median household income
$64,455
+5%inflation adjusted, since 2000
from $33,750 in 2000
US average: $82,259
1990 – 2024
Per capita income
$38,033
+123%since 2000
from $17,043 in 2000
US average: $44,673
Households earning $100K+
45.5%
+22.9 ptssince 2009
from 22.6% in 2009
US average: 53.3%
Poverty rate
9.7%
+0.6 ptssince 2000
from 9.1% in 2000
US average: 12.5%
Income inequality (Gini)
0.388
+7%since 2010
from 0.362 in 2010
US average: 0.476
Workforce by industry, 2024
Wholesale trade19.5%
US avg: 6.9%
Other services7.5%
US avg: 6.7%
Retail trade6.5%
US avg: 9.9%
Information5%
US avg: 10.8%
Finance & insurance4.7%
US avg: 5.9%
Professional, scientific, technical4.7%
US avg: 5.1%
Arts, entertainment, food2.5%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$285,200
+63%inflation adjusted, since 2000
from $96,100 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,238
−2%inflation adjusted, since 2000
from $690 in 2000
US average: $1,442
Owner-occupied
65.2%
−9.9 ptssince 2000
from 75.1% in 2000
34.8% rent
Vacancy rate
9.9%
−7.4 ptssince 2009
from 17.3% in 2009
US average: 10.0%
Owner cost-burdened
24.6%
+1.4 ptssince 2009
from 23.2% in 2009
US average: 22.9%
Renter cost-burdened
23.5%
−36.9 ptssince 2009
from 60.3% in 2009
US average: 47.4%
Afford Score
4.4
+55%since 2000
from 2.8 in 2000
1990 – 2024
Gentrification Score
34
RELATED:See current rent listings in Lake Montezuma on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic88.6%(2,963)
Black0.1%(3)
Hispanic / Latino7.3%(243)
Asian0.2%(6)
Other0%
Diversity Score18.1%(606)
2024
White, non-Hispanic87.1%(4,295)
Black1%(50)
Hispanic / Latino8.1%(398)
Asian0%(0)
Other3.8%(186)
Diversity Score29.1%(1,433)
Diversity Score
29
+61%since 2000
from 18 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
16.4%
−4.3 ptssince 2000
from 20.7% in 2000
US average: 35.6%
High school or higher
92.9%
+13.5 ptssince 2000
from 79.4% in 2000
US average: 89.6%
Graduate degree
5.3%
−0.7 ptssince 2000
from 6.1% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
31.3 min
+55%since 2000
from 20.1 min in 2000
US average: 26.5
Drive alone to work
72.2%
−8.6 ptssince 2009
from 80.8% in 2009
US average: 68.9%
Carpooled to work
15.0%
+3.2 ptssince 2009
from 11.7% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
12.4%
+9.7 ptssince 2009
from 2.7% in 2009
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
2.8%
Unchangedsince 2009
from 2.7% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.4%
−5.4 ptssince 2011
from 7.7% in 2011
US average: 5.2%
Labor force participation
46.6%
−12.0 ptssince 2011
from 58.6% in 2011
US average: 63.5%
Self-employed
9.4%
−7.0 ptssince 2009
from 16.4% in 2009
US average: 13.1%
Management & professional
19.4%
−37.5 ptssince 2009
from 56.9% in 2009
US average: 42.5%
Section 08

People & community

Male
48.4%
+4.7 ptssince 2009
from 43.7% in 2009
Female
51.6%
−4.7 ptssince 2009
from 56.3% in 2009
Foreign born
2.6%
−5.1 ptssince 2009
from 7.7% in 2009
US average: 14.1%
Veterans
15.7%
−30.4 ptssince 2009
from 46.1% in 2009
US average: 6.2%
With a disability
14.0%
−3.8 ptssince 2012
from 17.8% in 2012
US average: 13.3%
Uninsured
8.6%
−73.0 ptssince 2013
from 81.6% in 2013
US average: 8.4%
Broadband at home
94.4%
+16.7 ptssince 2017
from 77.7% in 2017
US average: 91.0%
English only at home
95.7%
+7.0 ptssince 2016
from 88.8% in 2016
US average: 77.7%
Spanish at home
4.3%
−4.0 ptssince 2016
from 8.2% in 2016
US average: 13.6%
Drill deeper

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Compare Lake Montezuma to nearby cities

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Income$69,203+7%
Home value$318,100+12%
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LAKE MONTEZUMA VS
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Income$69,331+8%
Home value$354,200+24%
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LAKE MONTEZUMA VS
Cottonwood
Income$48,448−25%
Home value$324,100+14%
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LAKE MONTEZUMA VS
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Income$73,738+14%
Home value$786,800+176%
Population9,619+95%
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Frequently asked

How many people live in Lake Montezuma, Arizona?

Lake Montezuma, Arizona has about 4,929 residents according to the 2024 American Community Survey.

What is the median household income in Lake Montezuma, Arizona?

The typical household in Lake Montezuma, Arizona earns about $64,455 a year. Half of households make more than that, and half make less.

Is Lake Montezuma, Arizona expensive?

In Lake Montezuma, Arizona, the median home is worth about $285,200, and the typical rent is about $1,238 a month.

How educated are people in Lake Montezuma, Arizona?

About 16.4% of adults age 25 and over in Lake Montezuma, Arizona hold a bachelor's degree or higher.

What is the poverty rate in Lake Montezuma, Arizona?

About 9.7% of people in Lake Montezuma, Arizona live below the federal poverty line.

Has Lake Montezuma, Arizona grown since 1990?

Yes, Lake Montezuma, Arizona has grown since 1990. The population has added about 3,088 residents, a change of about 168 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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