Prescott, AZ, US
Historic Arizona town with Whiskey Row, pine forests, and a vibrant retirement community.
Above Average vs US Avg (100)
Above Average
Household income
Job market health
Prescott vs US Average
Taxes
- State Income Tax: 2.5%
- Sales Tax: 8.7%
Economy & Jobs
- Median Income: $58,000
- Unemployment: 3.2%
- Population: 47,000
Climate
- Sunny Days: 260/year
- Summer High: 88°F
- Winter Low: 25°F
- Farming Zone: USDA Zone 5b
Housing
- Median Home: $420,000
- 1BR Rent: $1300/mo
Cost of Living
Prescott's cost of living index is 105 (US average = 100).
| Category | Prescott | National Average | Difference |
|---|---|---|---|
| Overall | 105 | 100 | +5.0% |
| Housing | 118 | 100 | +18.0% |
Data source: Council for Community and Economic Research (C2ER), 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | $420,000 |
| Median Rent (1BR) | $1300/mo |
| Median Rent (2BR) | $1,625/mo |
| Price per Sq Ft | $280 |
Data source: Zillow Research, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Prescott:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | $115 | Based on ~900 kWh/month typical US household usage |
| Heating & Cooling | $111 | Estimated based on local climate. Gas or electric |
| Cooling (AC) | $4 | Estimated based on local climate and electricity rates |
| Water | $65 | Includes sewer |
| Internet (100+ Mbps) | $70 | Broadband average |
| Garbage / Trash | $25 | Private service |
| Total Utilities | $390 | Monthly estimate (including heating & cooling) |
Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow
Remote Work Score
Prescott scores —/100 for remote work readiness:
Climate
Prescott has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 45°F | 25°F | 2.5" |
| April | 73°F | 40°F | 2.8" |
| July | 88°F | 63°F | 1.5" |
| October | 68°F | 43°F | 2.2" |
Cool — many vegetables, some fruit trees
Natural Hazards
Prescott faces the following natural hazards:
Extreme summer heat with temperatures frequently exceeding 110°F.
Arid state with extreme drought conditions.
Frequent wildfire seasons.
Active seismic region.
Flash floods.
Winter storms in mountains.
Dust storms in desert regions.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 2.5%
- Sales Tax: 8.7%
- Property Tax: ~0.72% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.2%.
Schools & Education
Academic Schedule
Many schools operate on a year-round calendar with shorter breaks. State mandates 180 days.
Universities & Higher Education
Data source: Center for World University Rankings (CWUR) & World Universities Database
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Prescott, AZ, US?
The cost of living index in Prescott is 105, which is Higher the US national average of 100.
How much does it cost to buy a home in Prescott?
The median home price in Prescott is $420,000. The housing index is 118.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Prescott is approximately $1300/mo.
Does Prescott, AZ have income tax?
Prescott is in AZ, which has an income tax rate of 2.5%.
What is the climate like in Prescott?
Prescott enjoys approximately 260 sunny days per year. Summer highs reach around 88°F, while winter lows can drop to around 25°F.
Data Sources
- Cost of Living: Council for Community and Economic Research (C2ER), 2026
- Housing Data: Zillow Research, 2026
- Income & Employment: US Census Bureau American Community Survey, 2024
- Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow
Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.