Is Lake Montezuma, Arizona a Good Place To Live? - Living In Lake Montezuma, AZ
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 Cost
$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%
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