Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Employment
The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.
Health & Safety
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Schools
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Lake Montezuma, Arizona is a small-sized city with a population of 4,707 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (87% White). Given that fact, Lake Montezuma could be considered less diverse than other cities. In Lake Montezuma, there seems to be a shift in population towards an older age group. The average age of the population is now 59, which is significantly higher than the nation’s average. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Lake Montezuma is the right fit for you, your one way commute time will average 27 minutes, which is about average when compared to the national commute time of 26 minutes.
Living in Lake Montezuma can be a fulfilling experience for anyone relocating to the town. Having said that, in the state of Arizona, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. With useful information like crime, commute, housing and other key data points, finding the best places to live in Lake Montezuma and in the areas around Lake Montezuma is a much easier task.
Lake Montezuma has a livability score of 54 out of 100 and is ranked #240 in Arizona and #22,931 in the USA. This is a poor rating when compared to the average of other places in the country. Based on the scores for each individual category, Lake Montezuma has received high marks for cost of living (B) and housing (A-). Unfortunately for Lake Montezuma, there are some categories for which it does not rank well, this includes: amenities (F), crime (D), education (F) and employment (F).
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Lake Montezuma market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Lake Montezuma real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Lake Montezuma. Median real estate prices in Lake Montezuma come in at $201,800, which is 14.1% higher than the Arizona average. The home price to income ratio compares the median home prices to the median household income. In Lake Montezuma, the home price to income ratio is 4.8, which is 37.1% higher than the Arizona average.
| Statistic | Lake Montezuma | Arizona | National |
| Average one way commute | 27min | 25min | 26min |
| Workers who drive to work | 79.8% | 76.7% | 76.4% |
| Workers who carpool | 16.0% | 10.9% | 9.3% |
| Workers who take public transit | 0.0% | 2.0% | 5.1% |
| Workers who bicycle | 0.0% | 1.0% | 0.6% |
| Workers who walk | 0.0% | 2.0% | 2.8% |
| Working from home | 1.2% | 5.7% | 4.6% |
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