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CITY

Lake of the Woods

Arizona · 3,250 residents · 3.965 sq mi
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The short version

Lake of the Woods has notably lower household income than the US average, with a median household income of $55,987. Population has held roughly steady since 2023. 22% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $272,200. With a median age of 57.7, the population is older than the US median of 38.9. Households here earn about 30% less than the Arizona median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 57.7
US median: 38.9
Less educated
22% hold a bachelor's degree
US average: 36%
Less affordable
home values up 27%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

3,250
+1%since 2023
from 3,227 in 2023
2010 – 2024
820 / sq mi
+1%since 2023
from 814 / sq mi in 2023
US average: 281
57.7
+6%since 2023
from 54.2 in 2023
US average: 38.9
Population, 20102024
3K4K4K4K5K201020202024Lake of the Woods
20243K
201020202024
Section 02

Income & economy

$55,987
−2%inflation adjusted, since 2023
from $55,531 in 2023
US average: $82,259
2010 – 2024
$33,617
+4%since 2023
from $32,336 in 2023
US average: $44,673
Households earning $100K+
34.4%
−3.0 ptssince 2023
from 37.4% in 2023
US average: 53.3%
12.8%
−3.6 ptssince 2023
from 16.4% in 2023
US average: 12.5%
0.438
−1%since 2023
from 0.441 in 2023
US average: 0.476
Workforce by industry, 2024
Wholesale trade13.1%
US avg: 6.9%
Information11.2%
US avg: 10.8%
Other services9.3%
US avg: 6.7%
Public administration6.2%
US avg: 4.8%
Retail trade1.9%
US avg: 9.9%
Arts, entertainment, food1.5%
US avg: 1.9%
Agriculture, forestry, fishing1.4%
US avg: 1.6%
Finance & insurance1%
US avg: 5.9%
Professional, scientific, technical1%
US avg: 5.1%
Manufacturing0.8%
US avg: 0.4%
Construction0.6%
US avg: 1.2%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$272,200
+27%inflation adjusted, since 2023
from $208,800 in 2023
US average: $376,019
2010 – 2024
$812
+1%inflation adjusted, since 2023
from $780 in 2023
US average: $1,442
81.6%
−1.0 ptssince 2023
from 82.6% in 2023
18.4% rent
38.4%
−4.5 ptssince 2023
from 42.9% in 2023
US average: 10.0%
19.7%
+2.3 ptssince 2023
from 17.4% in 2023
US average: 22.9%
28.5%
+4.2 ptssince 2023
from 24.3% in 2023
US average: 47.4%
4.9
+29%since 2023
from 3.8 in 2023
2010 – 2024
RELATED:See current rent listings in Lake of the Woods on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic79.4%(2,563)
Black0.9%(29)
Hispanic / Latino14.6%(470)
Asian0%(0)
Other5.1%(165)
Diversity Score43.2%(1,393)
2024
White, non-Hispanic78.5%(2,550)
Black1.5%(48)
Hispanic / Latino14.6%(474)
Asian0%(0)
Other5.5%(178)
Diversity Score45%(1,462)
45
+4%since 2023
from 43 in 2023
2010 – 2024
Section 05

Education

22.5%
+5.2 ptssince 2023
from 17.2% in 2023
US average: 35.6%
High school or higher
90.0%
+2.6 ptssince 2023
from 87.4% in 2023
US average: 89.6%
6.0%
+0.2 ptssince 2023
from 5.7% in 2023
US average: 14.0%
Section 06

Commute & transportation

23.0 min
+7%since 2023
from 21.5 min in 2023
US average: 26.5
77.9%
−8.7 ptssince 2023
from 86.6% in 2023
US average: 68.9%
5.6%
−0.3 ptssince 2023
from 5.9% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
13.1%
+7.1 ptssince 2023
from 6.0% in 2023
US average: 15.0%
1.7%
+0.6 ptssince 2023
from 1.2% in 2023
US average: 2.4%
0.4%
Unchangedsince 2023
from 0.4% in 2023
US average: 0.4%
4.3%
+0.3 ptssince 2023
from 4.0% in 2023
US average: 8.3%
Section 07

Work & employment

15.3%
+1.9 ptssince 2023
from 13.4% in 2023
US average: 5.2%
48.1%
−3.0 ptssince 2023
from 51.1% in 2023
US average: 63.5%
14.2%
−6.5 ptssince 2023
from 20.7% in 2023
US average: 13.1%
37.7%
+6.2 ptssince 2023
from 31.5% in 2023
US average: 42.5%
Section 08

People & community

47.4%
+0.3 ptssince 2023
from 47.2% in 2023
52.6%
−0.3 ptssince 2023
from 52.8% in 2023
6.2%
+0.1 ptssince 2023
from 6.2% in 2023
US average: 14.1%
7.8%
+0.2 ptssince 2023
from 7.5% in 2023
US average: 6.2%
15.1%
−1.4 ptssince 2023
from 16.5% in 2023
US average: 13.3%
19.0%
−5.0 ptssince 2023
from 24.0% in 2023
US average: 8.4%
85.0%
−0.6 ptssince 2023
from 85.6% in 2023
US average: 91.0%
87.9%
−0.1 ptssince 2023
from 87.9% in 2023
US average: 77.7%
10.4%
−0.2 ptssince 2023
from 10.6% in 2023
US average: 13.6%
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Frequently asked

How many people live in Lake of the Woods, Arizona?

Lake of the Woods, Arizona has about 3,250 residents according to the 2024 American Community Survey.

What is the median household income in Lake of the Woods, Arizona?

The typical household in Lake of the Woods, Arizona earns about $55,987 a year. Half of households make more than that, and half make less.

Is Lake of the Woods, Arizona expensive?

In Lake of the Woods, Arizona, the median home is worth about $272,200, and the typical rent is about $812 a month.

How educated are people in Lake of the Woods, Arizona?

About 22.5% of adults age 25 and over in Lake of the Woods, Arizona hold a bachelor's degree or higher.

What is the poverty rate in Lake of the Woods, Arizona?

About 12.8% of people in Lake of the Woods, Arizona live below the federal poverty line.

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

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