What percentage of people rent in Lake Montezuma, AZ?
34.8% (±10.4 points) of the occupied homes in Lake Montezuma, AZ are rented (2020–2024 American Community Survey).
That is 908 renting households against 1,702 that own their home.
In Lake Montezuma, the share of households that rent went from 32.8% in 2015–2019 to 34.8% in 2020–2024 (+2.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 34.8% (±10.4 points)
- Renting households
- 908 (±347)
- Median renter income
- $48,571 (±$19,282)
Who rents and who owns in Lake Montezuma
| Lake Montezuma | Yavapai County | Arizona | United States | |
|---|---|---|---|---|
| Renter-occupied share | 34.8% (±10.4 points) | 24.9% (±1.2 points) | 32.6% (±0.3 points) | 34.8% |
| Renting households | 908 (±347) | 27,716 (±1,353) | 931,983 (±7,038) | 45,017,354 |
| Owning households | 1,702 (±429) | 83,441 (±1,402) | 1,924,098 (±9,729) | 84,210,142 |
| Average renter household size | 1.7 (±0.3) | 2.1 (±0.1) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.0 (±0.2) | 2.2 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $48,571 (±$19,282) | $53,668 (±$3,851) | $57,682 (±$588) | $52,966 |
| Median owner household income | $83,188 (±$26,365) | $77,724 (±$1,899) | $94,251 (±$543) | $100,009 |
In Lake Montezuma, the renter share is not measurably different from Yavapai County (24.9%).
It is not measurably different from Arizona (32.6%).
It is not measurably different from the national figure (34.8%).
In Yavapai County, Lake Montezuma ranks 4 of 21 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 55 of 213.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Lake Montezuma has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 32.8% (±10.1 points) | 34.8% (±10.4 points) | +2.0 percentage points | Not a measurable change |
| Median gross rent | $894 (±$91) | $1,238 (±$395) | +38.5% | No measurable change after inflation |
| Median household income | $39,883 (±$5,356) | $64,455 (±$24,940) | +61.6% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Lake Montezuma
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lake Montezuma | — | 34.8% (±10.4 points) | — |
| Camp Verde | 5.6 mi | 23.8% (±6.2 points) | Not measurably different |
| Cornville | 9.3 mi | 18.5% (±9.6 points) | Lower |
| Village of Oak Creek (Big Park) | 10 mi | 30.7% (±8.5 points) | Not measurably different |
| Verde Village | 12 mi | 20.0% (±5.2 points) | Lower |
| Cottonwood | 13 mi | 46.4% (±6.2 points) | Not measurably different |
| Sedona | 15 mi | 27.4% (±4.5 points) | Not measurably different |
| Clarkdale | 17 mi | 25.1% (±8.8 points) | Not measurably different |
| Jerome | 19 mi | 46.6% (±17.8 points) | Not measurably different |
Nearby places with a measurably lower figure: Cornville, AZ (18.5%), Verde Village, AZ (20.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Yavapai County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Bagdad | 95.1% (±6.0 points) |
| 2 | Jerome | 46.6% (±17.8 points) |
| 3 | Cottonwood | 46.4% (±6.2 points) |
| 4 | Lake Montezuma | 34.8% (±10.4 points) |
| 5 | Prescott | 32.0% (±2.1 points) |
| 6 | Village of Oak Creek (Big Park) | 30.7% (±8.5 points) |
| 7 | Prescott Valley | 27.7% (±2.5 points) |
| 8 | Sedona | 27.4% (±4.5 points) |
| 9 | Spring Valley | 25.2% (±11.7 points) |
| 10 | Clarkdale | 25.1% (±8.8 points) |
Showing 10 of 21 places in Yavapai County, ranked from highest to lowest.
Lake Montezuma is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Montezuma
How many renters are there in Lake Montezuma?
Lake Montezuma has an estimated 908 (±347) renting households, 34.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Lake Montezuma?
In Lake Montezuma, the share of households that rent went from 32.8% in 2015–2019 to 34.8% in 2020–2024 (+2.0 percentage points), not a measurable change.
How big are renting households in Lake Montezuma?
A renting household in Lake Montezuma has 1.7 people on average, against 2.0 in an owned home.
How much do renters earn in Lake Montezuma?
The median renting household in Lake Montezuma, AZ has an income of $48,571 (±$19,282) a year, against $83,188 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Montezuma CDP, Arizona
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Montezuma CDP, Arizona
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Montezuma CDP, Arizona
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Montezuma CDP, Arizona
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake Montezuma CDP, Arizona
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Montezuma CDP, Arizona (place:39720, in state:04).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lake Montezuma at a glance
- Median rent in Lake Montezuma
- Rent by bedrooms in Lake Montezuma
- Income and affordability in Lake Montezuma
- Home values in Lake Montezuma
- Homeowner costs in Lake Montezuma
- Property taxes in Lake Montezuma
- Types of homes in Lake Montezuma
- Bedrooms in Lake Montezuma
- Age of homes in Lake Montezuma
- Heating fuel in Lake Montezuma
- Commute and cars in Lake Montezuma
- Population growth in Lake Montezuma
- How long people stay in Lake Montezuma
- Crowding and facilities in Lake Montezuma
- Arizona landlord and tenant rules
- Housing across Yavapai County
- Arizona places ranked by share of renters
- Housing data for every place in Arizona