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

Tenure, estimate (90% margin of error)
Lake MontezumaYavapai CountyArizonaUnited States
Renter-occupied share34.8% (±10.4 points)24.9% (±1.2 points)32.6% (±0.3 points)34.8%
Renting households908 (±347)27,716 (±1,353)931,983 (±7,038)45,017,354
Owning households1,702 (±429)83,441 (±1,402)1,924,098 (±9,729)84,210,142
Average renter household size1.7 (±0.3)2.1 (±0.1)2.4 (±0.0)2.3
Average owner household size2.0 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent32.8% (±10.1 points)34.8% (±10.4 points)+2.0 percentage pointsNot 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

Nearest places with a published estimate, compared with Lake Montezuma
PlaceDistanceHouseholds that rentCompared with this place
Lake Montezuma—34.8% (±10.4 points)—
Camp Verde5.6 mi23.8% (±6.2 points)Not measurably different
Cornville9.3 mi18.5% (±9.6 points)Lower
Village of Oak Creek (Big Park)10 mi30.7% (±8.5 points)Not measurably different
Verde Village12 mi20.0% (±5.2 points)Lower
Cottonwood13 mi46.4% (±6.2 points)Not measurably different
Sedona15 mi27.4% (±4.5 points)Not measurably different
Clarkdale17 mi25.1% (±8.8 points)Not measurably different
Jerome19 mi46.6% (±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

RankPlaceHouseholds that rent
1Bagdad95.1% (±6.0 points)
2Jerome46.6% (±17.8 points)
3Cottonwood46.4% (±6.2 points)
4Lake Montezuma34.8% (±10.4 points)
5Prescott32.0% (±2.1 points)
6Village of Oak Creek (Big Park)30.7% (±8.5 points)
7Prescott Valley27.7% (±2.5 points)
8Sedona27.4% (±4.5 points)
9Spring Valley25.2% (±11.7 points)
10Clarkdale25.1% (±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.

What you can do on Seayora in Lake Montezuma

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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

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.

Request a Census API 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 .

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