Prescott Valley, AZ
Population 48,048 · Arizona
About Prescott Valley, AZ
Prescott Valley is a mid-sized city in Arizona with a population of 48,048 residents. The median household income is $70,793 per year, which is above the national average. The median age in Prescott Valley is 47.3 years.
Housing in Prescott Valley has a median home value of $376,300 and median monthly rent of $1,471. Of the 21,576 total housing units, the majority are owner-occupied, with 14,212 owner-occupied and 5,867 renter-occupied units.
The unemployment rate in Prescott Valley is 3.5% and the poverty rate is 12.3%. 24.0% of residents hold a bachelor's degree or higher. The average commute time is 21.5 minutes.
How Prescott Valley Ranks in Arizona
Cost of Living in Prescott Valley, AZ
Compared to national averages, Prescott Valley has a median household income of $70,793 (6% below the national median of $75,149). Home values average $376,300, which is 54% above the national median. Monthly rent at $1,471 is 26% above the US average of $1,163. Within Arizona, Prescott Valley's income is 14% above the state average of $62,086, and home values are 59% above the state median of $237,048.
Why Live in Prescott Valley, AZ?
Prescott Valley offers a strong job market with an unemployment rate of just 3.5%, and a low poverty rate of 12.3%, better than the national average, and short commute times averaging just 21.5 minutes.
Potential considerations include median household income ($70,793) that falls below the national average, and a competitive housing market where the typical home costs $376,300. However, Prescott Valley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Prescott Valley has a population of 48,048 with a median age of 47.3 years. Compare Prescott Valley with other cities to see how it stacks up, or explore all cities in Arizona.
Similar Cities Near Prescott Valley
Cities in Arizona with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oro Valley | 47,595 | $105,342 | $440,400 | Compare |
| Prescott | 46,744 | $69,151 | $528,500 | Compare |
| Sierra Vista | 45,203 | $69,783 | $239,000 | Compare |
| Catalina Foothills | 51,756 | $113,201 | $604,100 | Compare |
| Bullhead City | 42,193 | $47,717 | $196,900 | Compare |
| Marana | 54,487 | $108,256 | $380,100 | Compare |
| Apache Junction | 39,746 | $58,619 | $196,700 | Compare |
| Casa Grande | 57,590 | $66,354 | $258,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arizona
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Prescott Valley With Other Cities
Frequently Asked Questions about Prescott Valley
What is the population of Prescott Valley, AZ?
The population of Prescott Valley, AZ is 48,048 according to the latest Census data.
What is the median household income in Prescott Valley?
The median household income in Prescott Valley, AZ is $70,793 per year.
What is the median home value in Prescott Valley?
The median home value in Prescott Valley, AZ is $376,300.
What is the average rent in Prescott Valley?
The median monthly rent in Prescott Valley, AZ is $1,471.
What is the unemployment rate in Prescott Valley?
The unemployment rate in Prescott Valley, AZ is 3.5%.