Living in Prescott Valley, Arizona
Cost of living, income, home prices, rent and demographics of Prescott Valley · Census data 2020–2024
Prescott Valley has 49,179 residents with a median age of 49.2. The median household income is $74,569 (7% lower than the Arizona median), the median home value is $413,200, the median rent is $1,580/month.
Prescott Valley at a glance
- Population
- 49,179
- Median age
- 49.2State: 39
- Median household income
- $74,569State: $79,964
- Median home value
- $413,200State: $394,500
- Median rent
- $1,580/moState: $1,543
- Homeowners
- 72.3%
- Bachelor's degree or higher
- 24.4%
- Average commute
- 22 min
Is Prescott Valley a good place to live?
Pros: An average commute of 22 minutes; unemployment of 2.8%; a poverty rate of 11.7%.
Cons: Median household income 7% lower than the Arizona median; home values 5% higher than the state median.
The weather is best in April–May and September–October.
Cost of living in Prescott Valley
Housing is the biggest part of the cost of living. In Prescott Valley the median home value is $413,200, 24% higher than the U.S. median. Renters pay a median of $1,580 per month, which is 30.1% of household income. Homeowners with a mortgage pay $1,622 a month in housing costs.
Prescott Valley median household income
The median household income in Prescott Valley is $74,569 and the income per person is $37,400. 11.7% of residents live below the poverty line (Arizona: 12.5%).
Housing in Prescott Valley: homes for sale and rent
- Housing units
- 22,301
- Owner-occupied
- 72.3%
- Renter-occupied
- 27.7%
- Vacant
- 6%Includes seasonal homes
- Median year built
- 2002
- Average household size
- 2.33
Prescott Valley demographics
- Population
- 49,179
- Median age
- 49.2
- Under 18
- 19.1%
- 65 and older
- 29.9%
- Households
- 20,968
- Foreign-born
- 7.1%
- Veterans
- 12.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Prescott Valley ›
Education in Prescott Valley
24.4% of adults 25 and older in Prescott Valley have a bachelor's degree or higher (Arizona: 33.3%), and 10.4% have a graduate or professional degree.
Jobs and commute in Prescott Valley
- Unemployment rate
- 2.8%State: 5.1%
- Average commute
- 22 minState: 25 min
- Work from home
- 14%
- Drive alone
- 74.4%
- Public transit
- 0%
- Walk to work
- 1.6%
- Homes with broadband
- 92.8%
Prescott Valley vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Prescott Valley | 49,179 | $74,569 | $413,200 | $1,580 |
| Dewey-Humboldt | 4,501 | $66,535 | $426,900 | $1,340 |
| Prescott | 47,400 | $70,874 | $564,100 | $1,395 |
| Chino Valley | 13,602 | $61,237 | $394,700 | $1,248 |
| Mayer | 791 | $55,132 | $251,000 | — |
| Williamson | 6,310 | $89,398 | $732,300 | $1,142 |
| Jerome | 231 | $40,096 | $386,800 | $957 |
| Clarkdale | 4,758 | $46,563 | $373,600 | $1,321 |
| Spring Valley | 1,673 | $42,817 | $203,300 | $774 |
More for people moving to Prescott Valley
Prescott Valley ZIP code ›Weather and climate ›Living in Prescott Valley: FAQ
What is the median household income in Prescott Valley, AZ?
The median household income in Prescott Valley is $74,569, 7% lower than the Arizona median of $79,964 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Prescott Valley?
The median home value in Prescott Valley is $413,200, compared with $394,500 in Arizona.
How much is rent in Prescott Valley?
The median gross rent in Prescott Valley is $1,580 per month, about 30.1% of household income.
Is Prescott Valley, AZ a good place to live?
Pluses: an average commute of 22 minutes; unemployment of 2.8%; a poverty rate of 11.7%. Minuses: median household income 7% lower than the Arizona median; home values 5% higher than the state median.
What is the median age in Prescott Valley?
The median age in Prescott Valley is 49.2 years (Arizona: 39).
How long is the commute in Prescott Valley?
The average commute to work in Prescott Valley is 22 minutes; 14% of workers work from home.
What is the unemployment rate in Prescott Valley?
The unemployment rate in Prescott Valley is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Prescott Valley?
24.4% of adults in Prescott Valley have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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