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Demographics
Population
Median Income
Racial Distributions
Lake Montezuma, Arizona, is classified as a "Low Diversity" area based on its demographic composition. As of 2022, the white population comprises 85% of the total, which exceeds the 75% threshold for this classification. The city's current median income is $47,743, with a population of 4,194.
Over the past decade, Lake Montezuma has maintained its "Low Diversity" status, albeit with some fluctuations. From 2013 to 2019, the community showed signs of transitioning towards "Moderate Diversity," with the white population decreasing from 91% to 75% and the Hispanic population increasing from 6% to 16%. However, post-2019, this trend reversed, with the white population increasing to 85% by 2022, reinforcing the "Low Diversity" classification.
The Native American population has remained relatively stable, fluctuating between 2% and 6% over the decade. The community has seen a small but consistent increase in the "two or more races" category, from 0% in 2013 to 2% in 2022, indicating a slight increase in racial mixing.
Median income has shown overall growth, increasing from $41,368 in 2013 to $47,743 in 2022, a 15.4% increase. There is a noticeable correlation between diversity and income. The period of increasing diversity (2013-2019) coincided with fluctuating but generally lower median incomes. As the community reverted to lower diversity post-2019, median income showed more consistent growth. Population figures have been volatile, peaking at 5,253 in 2015 and dropping to 3,790 in 2019, before stabilizing around 4,200 in recent years.
Lake Montezuma's demographic trends seem to run counter to national trends of increasing diversity. The community's reversal towards lower diversity in recent years is particularly noteworthy and may reflect local economic or policy factors.
Based on the observed trends, Lake Montezuma is likely to maintain its "Low Diversity" status in the near future. However, the consistent presence of Hispanic and Native American populations, coupled with the gradual increase in multi-racial individuals, suggests a potential for slow transition towards "Moderate Diversity" over a longer timeframe.
The economic outlook appears positive, with steady income growth in recent years. If this trend continues alongside the subtle demographic shifts, Lake Montezuma might evolve into a "Transitional Community" over the next decade, particularly if younger, more diverse residents are attracted by improving economic conditions.
This prediction comes with the caveat that the community has shown resistance to diversification in recent years. Close monitoring of local policies, economic development initiatives, and migration patterns will be crucial in determining whether Lake Montezuma will transition or maintain its current demographic composition.