Living in Prescott, Wisconsin
Cost of living, income, home prices, rent and demographics of Prescott · Census data 2020–2024
Prescott has 4,503 residents with a median age of 41.5. The median household income is $74,412 (4% lower than the Wisconsin median), the median home value is $306,900, the median rent is $1,189/month.
Prescott at a glance
- Population
- 4,503
- Median age
- 41.5State: 40.2
- Median household income
- $74,412State: $77,485
- Median home value
- $306,900State: $266,500
- Median rent
- $1,189/moState: $1,087
- Homeowners
- 62.6%
- Bachelor's degree or higher
- 34.2%
- Average commute
- 22 min
Is Prescott a good place to live?
Pros: Unemployment of 3.1%.
Cons: Median household income 4% lower than the Wisconsin median; home values 15% higher than the state median; an average commute of 22 minutes; a poverty rate of 11.5%.
The weather is best in June to September.
Cost of living in Prescott
Housing is the biggest part of the cost of living. In Prescott the median home value is $306,900, 8% lower than the U.S. median. Renters pay a median of $1,189 per month, which is 30.6% of household income. Homeowners with a mortgage pay $2,007 a month in housing costs.
Prescott median household income
The median household income in Prescott is $74,412 and the income per person is $42,797. 11.5% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Prescott: homes for sale and rent
- Housing units
- 2,250
- Owner-occupied
- 62.6%
- Renter-occupied
- 37.4%
- Vacant
- 7.7%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.15
Prescott demographics
- Population
- 4,503
- Median age
- 41.5
- Under 18
- 20.3%
- 65 and older
- 19.6%
- Households
- 2,076
- Foreign-born
- 4.7%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Prescott ›
Education in Prescott
34.2% of adults 25 and older in Prescott have a bachelor's degree or higher (Wisconsin: 33.4%), and 11.2% have a graduate or professional degree.
Jobs and commute in Prescott
- Unemployment rate
- 3.1%State: 3.2%
- Average commute
- 22 minState: 22 min
- Work from home
- 18.3%
- Drive alone
- 69.9%
- Public transit
- 0%
- Walk to work
- 5.6%
- Homes with broadband
- 93.8%
Prescott vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Prescott | 4,503 | $74,412 | $306,900 | $1,189 |
| Hastings | 22,117 | $93,998 | $322,400 | $1,183 |
| Cottage Grove | 40,992 | $120,791 | $378,800 | $1,783 |
| Afton | 2,957 | $133,305 | $679,300 | $2,333 |
| Vermillion | 399 | $107,188 | $319,300 | $1,208 |
| Miesville | 125 | $95,500 | $348,200 | — |
| River Falls | 16,719 | $83,627 | $327,600 | $1,107 |
| St. Marys Point | 483 | $113,750 | $523,000 | $1,125 |
| Diamond Bluff | 192 | $105,000 | $365,400 | $1,375 |
More for people moving to Prescott
Prescott ZIP code ›Weather and climate ›Living in Prescott: FAQ
What is the median household income in Prescott, WI?
The median household income in Prescott is $74,412, 4% lower than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Prescott?
The median home value in Prescott is $306,900, compared with $266,500 in Wisconsin.
How much is rent in Prescott?
The median gross rent in Prescott is $1,189 per month, about 30.6% of household income.
Is Prescott, WI a good place to live?
Pluses: unemployment of 3.1%. Minuses: median household income 4% lower than the Wisconsin median; home values 15% higher than the state median; an average commute of 22 minutes; a poverty rate of 11.5%.
What is the median age in Prescott?
The median age in Prescott is 41.5 years (Wisconsin: 40.2).
How long is the commute in Prescott?
The average commute to work in Prescott is 22 minutes; 18.3% of workers work from home.
What is the unemployment rate in Prescott?
The unemployment rate in Prescott is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Prescott?
34.2% of adults in Prescott 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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