In 2023, Lake of the Woods, AZ had a population of 3.23k people with a median age of 54.2 and a median household income of $55,531. Between 2022 and 2023 the population of Lake of the Woods, AZ declined from 3,426 to 3,227, a −5.81% decrease and its median household income grew from $52,480 to $55,531, a 5.81% increase.
The 5 largest ethnic groups in Lake of the Woods, AZ are White (Non-Hispanic) (79.4%), Two+ (Hispanic) (8.34%), American Indian & Alaska Native (Non-Hispanic) (2.39%), Two+ (Non-Hispanic) (2.32%), and White (Hispanic) (2.11%).
None of the households in Lake of the Woods, AZ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
97.2% of the residents in Lake of the Woods, AZ are U.S. citizens.
In 2023, the median property value in Lake of the Woods, AZ was $208,800, and the homeownership rate was 82.6%.
Most people in Lake of the Woods, AZ drove alone to work, and the average commute time was 21.5 minutes. The average car ownership in Lake of the Woods, AZ was 2 cars per household.