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Prescott Valley, Arizona

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
49,179
Population
$74,569
Median Income
$413,200
Home Value
49.2
Median Age

Demographics

Prescott Valley has a population of 49,179 with a median age of 49.2. Here is the racial and ethnic breakdown of the population:

White
77.9%
Hispanic
20.1%
Asian
1.2%
Black
0.6%
Demographic Value
Total Population49,179
Median Age49.2
White77.9%
Black or African American0.6%
Asian1.2%
Hispanic or Latino20.1%
Prescott Valley, Arizona — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 78.1%Hispanic/Latino: 20.1%Other: 1.8%49,179PopulationWhiteWhite78.1%Hispanic/LatinoHispanic/Latino20.1%OtherOther1.8%

Income & Economy

The median household income in Prescott Valley is $74,569, which is 7.5% below the national median of $80,610. The per capita income is $37,400. The poverty rate is 11.7%.

$74,569
Median Household Income
$37,400
Per Capita Income
11.7%
Poverty Rate

Employment

The unemployment rate in Prescott Valley is 3.3%, compared to the national rate of 4.1%.

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Education

In Prescott Valley, 91.4% of residents age 25+ have a high school diploma or higher, and 24.4% hold a bachelor's degree or higher (10.4% with a graduate or professional degree).

HS Diploma+
91.4%
Bachelor's+
24.4%
Graduate+
10.4%
Education Level % of Adults (25+)
High School Diploma or Higher91.4%
Bachelor's Degree or Higher24.4%
Graduate or Professional Degree10.4%

Housing

The median home value in Prescott Valley is $413,200, above the national median of $303,400. The median monthly rent is $1,580. The homeownership rate is 72.3%.

$413,200
Median Home Value
$1,580/mo
Median Rent
72.3%
Homeownership Rate
Housing Metric Value
Median Home Value$413,200
Median Monthly Rent$1,580
Homeownership Rate72.3%
Vacancy Rate6.0%

Salaries in Arizona

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Frequently Asked Questions

What is the population of Prescott Valley, Arizona?
The population of Prescott Valley, Arizona is 49,179 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Prescott Valley, Arizona?
The median household income in Prescott Valley, Arizona is $74,569. This is 7.5% below the national median of $80,610.
What is the median home value in Prescott Valley, Arizona?
The median home value in Prescott Valley, Arizona is $413,200. The median monthly rent is $1,580.
What percentage of people in Prescott Valley have a college degree?
In Prescott Valley, Arizona, 24.4% of adults age 25 and older hold a bachelor's degree or higher, and 91.4% have a high school diploma or higher.
Is Prescott Valley, Arizona an affordable place to live?
The home price-to-income ratio in Prescott Valley, Arizona is 5.5x (median home value $413,200 vs. median income $74,569), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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