Last updated: 2024 BLS data · Page refreshed:
Prescott has a population of 47,400 with a median age of 59.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 47,400 |
| Median Age | 59.7 |
| White | 85.5% |
| Black or African American | 0.5% |
| Asian | 2.3% |
| Hispanic or Latino | 10.0% |
| Other / Two or More Races | 1.7% |
The median household income in Prescott is $70,874, which is 12.1% below the national median of $80,610. The per capita income is $50,060. The poverty rate is 11.7%.
The unemployment rate in Prescott is 3.9%, compared to the national rate of 4.1%.
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In Prescott, 95.7% of residents age 25+ have a high school diploma or higher, and 39.9% hold a bachelor's degree or higher (16.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.7% |
| Bachelor's Degree or Higher | 39.9% |
| Graduate or Professional Degree | 16.5% |
The median home value in Prescott is $564,100, above the national median of $303,400. The median monthly rent is $1,395. The homeownership rate is 68.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $564,100 |
| Median Monthly Rent | $1,395 |
| Homeownership Rate | 68.0% |
| Vacancy Rate | 11.3% |
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