Lake Montezuma, Arizona
Moving to or Living in Lake Montezuma Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Lake Montezuma, Arizona
Moving to Lake Montezuma In Arizona ? Find out the best and worst about to live, raise a family or retire in Lake Montezuma, the Pros and Cons of Living in Lake Montezuma.
Explore the life in Lake Montezuma based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Lake Montezuma, Arizona
Is Lake Montezuma, Arizona a good place to live?
Lake Montezuma is a city in Arizona state in USA with a population of 4329 residents..
The poverty rate of Lake Montezuma is 22.2%, which is 59% higher than national average.
The typical household in Lake Montezuma earns $39883 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 12 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Lake Montezuma are struggling financially. Nearly one in every 1 in every 9 workers in Lake Montezuma is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.
A high school education is a basic prerequisite for most jobs, and in Lake Montezuma, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lake Montezuma remained 11.7%, which is 149% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lake Montezuma, only 18% of adults have a bachelor's degree and 44% have some college but no degree.
Cost of living in Lake Montezuma is 97, which is 3% lower than national average. Median home value in Lake Montezuma is $164400 , which is 28% lower than national average. While median income in Lake Montezuma remained $39883, which is 41% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Lake Montezuma, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lake Montezuma remained 11.7%, which is 149% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lake Montezuma, only 18% of adults have a bachelor's degree and 44% have some college but no degree.
Cost of living in Lake Montezuma is 97, which is 3% lower than national average. Median home value in Lake Montezuma is $164400 , which is 28% lower than national average. While median income in Lake Montezuma remained $39883, which is 41% lower than national average.
Population
4329
Unemployment
11.7%
Poverty
22.2%
Overall Score
5
Median Home
$164400
28%
NAT AVG.
Median Income
$39883
41%
NAT AVG.
Median Rent
$894
23%
NAT AVG.
Cost Of Living
97
3%
NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 9
People Earning < $10,000
1 in 12
People Earning < $50,000
59%
People with <= High School
1 in 2.6
People With Any Degree
1 in 4.2
Pros & Cons Overview
Jobs40%
Housing80%
Affordability40%
Safety60%
Amenities60%
Diversity80%
Education70%
Commute60%
Cost of Living
| Expense | Lake Montezuma | Arizona | National Avg. |
|---|---|---|---|
| Services | 106 | 98 | 100 |
| Groceries | 102 | 98 | 100 |
| Health | 95 | 98 | 100 |
| Housing | 83 | 97 | 100 |
| Transportation | 102 | 105 | 100 |
| Utilities | 94 | 103 | 100 |
Cost of Living
Gender
| Gender | Lake Montezuma | Arizona | Country |
|---|---|---|---|
| Female | 49.6% | 50.3% | 50.8% |
| Male | 50.4% | 49.7% | 49.2% |
Gender
Household Income
| Income | Lake Montezuma | Arizona | Country |
|---|---|---|---|
| Less than $10,000 | 8.2% | 5.9% | 5.8% |
| $10,000 to $14,999 | 10.9% | 3.7% | 4.1% |
| $15,000 to $24,999 | 8.2% | 8.6% | 8.5% |
| $25,000 to $34,999 | 10.3% | 9% | 8.6% |
| $35,000 to $49,999 | 21.4% | 13.3% | 12.0% |
| $50,000 to $74,999 | 25.2% | 18.6% | 17.2% |
| $75,000 to $99,999 | 10.2% | 13.2% | 12.8% |
| $100,000 to $149,999 | 4.2% | 15% | 15.6% |
| $150,000 to $199,999 | 0.5% | 6.1% | 7.1% |
| $200,000 or more | 0.89999999999999% | 6.4% | 8.3% |
Education
| Education | Lake Montezuma | Arizona | Country |
|---|---|---|---|
| < 9th Grade | 2% | 5% | 5.0% |
| 9-12th Grade | 7% | 7% | 7.0% |
| High School or GED | 29% | 24% | 27.0% |
| Other College | 38% | 25% | 20.0% |
| Associate's Degree | 6% | 9% | 9% |
| Bachelor's Degree | 11% | 19% | 20.0% |
| Master's Degree | 7% | 8% | 9.0% |
| Professional Degree | 0% | 2% | 2.0% |
| Doctorate Degree | 0% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
| Ethnicity | Lake Montezuma | Arizona | Country |
|---|---|---|---|
| White | 76.6% | 54.1% | 60.1% |
| African American | 0% | 4.3% | 12.2% |
| American Indian | 7.2% | 3.8% | 0.6% |
| Asian | 0% | 3.2% | 5.6% |
| Hawaiian | 0% | 0.2% | 0.2% |
| Other | 0% | 0.2% | 0.3% |
| Multiracial | 2.3% | 2.6% | 2.8% |
| Hispanic | 13.9% | 31.5% | 18.2% |