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Lake Montezuma, Arizona

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
4,929
Population
$64,455
Median Income
$285,200
Home Value
61.5
Median Age

Demographics

Lake Montezuma has a population of 4,929 with a median age of 61.5. Here is the racial and ethnic breakdown of the population:

White
89.8%
Hispanic
8.1%
Other
1.1%
Black
1.0%
Demographic Value
Total Population4,929
Median Age61.5
White89.8%
Black or African American1.0%
Hispanic or Latino8.1%
Other / Two or More Races1.1%
Lake Montezuma, Arizona — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 89.8%Hispanic/Latino: 8.1%Other: 2.1%4,929PopulationWhiteWhite89.8%Hispanic/LatinoHispanic/Latino8.1%OtherOther2.1%

Income & Economy

The median household income in Lake Montezuma is $64,455, which is 20.0% below the national median of $80,610. The per capita income is $38,033. The poverty rate is 9.7%.

$64,455
Median Household Income
$38,033
Per Capita Income
9.7%
Poverty Rate

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Education

In Lake Montezuma, 92.9% of residents age 25+ have a high school diploma or higher, and 16.4% hold a bachelor's degree or higher (5.3% with a graduate or professional degree).

HS Diploma+
92.9%
Bachelor's+
16.4%
Graduate+
5.3%
Education Level % of Adults (25+)
High School Diploma or Higher92.9%
Bachelor's Degree or Higher16.4%
Graduate or Professional Degree5.3%

Housing

The median home value in Lake Montezuma is $285,200, below the national median of $303,400. The median monthly rent is $1,238. The homeownership rate is 65.2%.

$285,200
Median Home Value
$1,238/mo
Median Rent
65.2%
Homeownership Rate
Housing Metric Value
Median Home Value$285,200
Median Monthly Rent$1,238
Homeownership Rate65.2%
Vacancy Rate9.9%

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Frequently Asked Questions

What is the population of Lake Montezuma, Arizona?
The population of Lake Montezuma, Arizona is 4,929 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Montezuma, Arizona?
The median household income in Lake Montezuma, Arizona is $64,455. This is 20.0% below the national median of $80,610.
What is the median home value in Lake Montezuma, Arizona?
The median home value in Lake Montezuma, Arizona is $285,200. The median monthly rent is $1,238.
What percentage of people in Lake Montezuma have a college degree?
In Lake Montezuma, Arizona, 16.4% of adults age 25 and older hold a bachelor's degree or higher, and 92.9% have a high school diploma or higher.
Is Lake Montezuma, Arizona an affordable place to live?
The home price-to-income ratio in Lake Montezuma, Arizona is 4.4x (median home value $285,200 vs. median income $64,455), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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