Prescott is a medium-sized city located in the state of Arizona. With a population of 47,603 people and 24 associated neighborhoods, Prescott is the 24th largest community in Arizona.
Prescott home prices are not only among the most expensive in Arizona, but Prescott real estate also consistently ranks among the most expensive in America.
A relatively large number of people in Prescott telecommute to their jobs. Overall, about 10.41% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 17.25 minutes getting to work every day.
Prescott is one of the most well-educated cities in the nation. 40.02% of adults in Prescott have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Prescott in 2022 was $46,076, which is wealthy relative to Arizona and the nation. This equates to an annual income of $184,304 for a family of four. However, Prescott contains both very wealthy and poor people as well.
Prescott is a somewhat ethnically-diverse city. The people who call Prescott home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Prescott residents report their race to be White, followed by Asian. Important ancestries of people in Prescott include German, English, Irish, Italian, and French.
The most common language spoken in Prescott is English. Other important languages spoken here include Spanish and German/Yiddish.