Last updated: 2024 BLS data · Page refreshed:
Prescott has a population of 4,503 with a median age of 41.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 4,503 |
| Median Age | 41.5 |
| White | 84.1% |
| Black or African American | 2.8% |
| Asian | 2.4% |
| Hispanic or Latino | 5.7% |
| Other / Two or More Races | 5.0% |
The median household income in Prescott is $74,412, which is 7.7% below the national median of $80,610. The per capita income is $42,797. The poverty rate is 11.5%.
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In Prescott, 94.8% of residents age 25+ have a high school diploma or higher, and 34.2% hold a bachelor's degree or higher (11.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.8% |
| Bachelor's Degree or Higher | 34.2% |
| Graduate or Professional Degree | 11.2% |
The median home value in Prescott is $306,900, above the national median of $303,400. The median monthly rent is $1,189. The homeownership rate is 62.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $306,900 |
| Median Monthly Rent | $1,189 |
| Homeownership Rate | 62.6% |
| Vacancy Rate | 7.7% |
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