Lake Montezuma, AZ
Population 4,615 · Arizona
About Lake Montezuma, AZ
Lake Montezuma is a small town located in Arizona with a population of 4,615 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,081 per year, which is 28% below the national median of $75,149. The median age of 64.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lake Montezuma features a median home value of $291,900, which is 19% above the national median of $244,900. This positions Lake Montezuma in a moderately priced market relative to the rest of the country. Median monthly rent is $1,475, 27% above the national average of $1,163/month. Of the 2,742 total housing units, 69% are owner-occupied (1,760 units) and 31% are renter-occupied (794 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Montezuma shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.4%, above the national average of 12.4%. Workers in Lake Montezuma have an average one-way commute time of 29.4 minutes.
Education & Demographics
19.5% of Lake Montezuma residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 8.3% White, 6.1% Hispanic or Latino, 0.3% Black or African American, and 0.2% Asian residents, with 1.3% of the population being foreign-born.
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.
Compare Lake Montezuma With Other Cities
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 US Census Bureau American Community Survey estimates. This makes it a small town in Arizona.
What is the median household income in Lake Montezuma?
The median household income in Lake Montezuma, AZ is $54,081 per year, which is 28% below the national median of $75,149.
What is the median home value in Lake Montezuma?
The median home value in Lake Montezuma, AZ is $291,900, which is 19% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Montezuma?
The median monthly rent in Lake Montezuma, AZ is $1,475, which is 27% above the national average of $1,163/month.
What is the unemployment rate in Lake Montezuma?
The unemployment rate in Lake Montezuma, AZ is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake Montezuma, AZ a good place to live?
Lake Montezuma offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 4,615 and a median age of 64.1, the city appeals to established professionals and retirees.
How educated is Lake Montezuma, AZ?
19.5% of residents in Lake Montezuma aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lake Montezuma?
Key cost-of-living indicators for Lake Montezuma, AZ: median home value is $291,900 (19% above national), median rent is $1,475/month, and median household income is $54,081. The home-value-to-income ratio is 5.4x, a moderate figure by national standards.
What is the poverty rate in Lake Montezuma?
The poverty rate in Lake Montezuma, AZ is 12.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lake Montezuma, AZ?
Lake Montezuma's population is 8.3% White, 6.1% Hispanic or Latino, 0.3% Black or African American, 0.2% Asian, and 0.0% two or more races. 1.3% of residents are foreign-born.