Lake Montezuma, AZ
Population 4,615 · Arizona
About Lake Montezuma, AZ
Lake Montezuma is a small community in Arizona with a population of 4,615 residents. The median household income is $54,081 per year, which is near the national average. The median age in Lake Montezuma is 64.1 years.
Housing in Lake Montezuma has a median home value of $291,900 and median monthly rent of $1,475. Of the 2,742 total housing units, the majority are owner-occupied, with 1,760 owner-occupied and 794 renter-occupied units.
The unemployment rate in Lake Montezuma is 2.5% and the poverty rate is 12.4%. 19.5% of residents hold a bachelor's degree or higher. The average commute time is 29.4 minutes.
How Lake Montezuma Ranks in Arizona
Cost of Living in Lake Montezuma, AZ
Compared to national averages, Lake Montezuma has a median household income of $54,081 (28% below the national median of $75,149). Home values average $291,900, which is 19% above the national median. Monthly rent at $1,475 is 27% above the US average of $1,163. Within Arizona, Lake Montezuma's income is 13% below the state average of $62,086, and home values are 23% above the state median of $237,048.
Why Live in Lake Montezuma, AZ?
Lake Montezuma offers a strong job market with an unemployment rate of just 2.5%.
Potential considerations include median household income ($54,081) that falls below the national average. However, Lake Montezuma’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Montezuma has a population of 4,615 with a median age of 64.1 years. Compare Lake Montezuma with other cities to see how it stacks up, or explore all cities in Arizona.
Similar Cities Near Lake Montezuma
Cities in Arizona with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| South Tucson | 4,601 | $33,734 | $152,300 | Compare |
| Clarkdale | 4,642 | $32,607 | $344,800 | Compare |
| San Carlos | 4,769 | $50,814 | $67,700 | Compare |
| Dewey-Humboldt | 4,428 | $64,183 | $411,300 | Compare |
| Eagar | 4,410 | $81,667 | $231,100 | Compare |
| Summit | 4,410 | $43,484 | $151,000 | Compare |
| Holbrook | 4,834 | $61,979 | $138,600 | Compare |
| Chinle | 4,395 | $46,458 | $38,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arizona
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lake Montezuma
What is the population of Lake Montezuma, AZ?
The population of Lake Montezuma, AZ is 4,615 according to the latest Census data.
What is the median household income in Lake Montezuma?
The median household income in Lake Montezuma, AZ is $54,081 per year.
What is the median home value in Lake Montezuma?
The median home value in Lake Montezuma, AZ is $291,900.
What is the average rent in Lake Montezuma?
The median monthly rent in Lake Montezuma, AZ is $1,475.
What is the unemployment rate in Lake Montezuma?
The unemployment rate in Lake Montezuma, AZ is 2.5%.