MyNeighborhood

Can you afford to live in PRESCOTT?

Median household income, home values and rent in PRESCOTT, AZ — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in PRESCOTT.

Median household income: $69,151 — +54.2% since 2015 (not adjusted for inflation)

Median gross rent: $1,304/mo — +59.8% since 2015

Median home value, 2015 to 2023

  • 2015: 272200
  • 2023: 528500

Median household income

  • PRESCOTT: 69151
  • Yavapai County: 66106
  • AZ: 76872
  • U.S.: 78538

Median gross rent

  • PRESCOTT: 1304
  • Yavapai County: 1258
  • AZ: 1431
  • U.S.: 1348

Share of income a typical renter spends on rent: 30.0% — U.S.: 30.2%

What it means

The typical household here earns $69,151 — slightly lower than the national figure of $78,538.

The typical renter here spends 30.0% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+59.8% versus +54.2%), before adjusting for inflation.

Sources

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