Prescott, AR
Population 3,063 · Arkansas
About Prescott, AR
Prescott is a small community in Arkansas with a population of 3,063 residents. The median household income is $29,403 per year, which is below the national average. The median age in Prescott is 35.4 years.
Housing in Prescott has a median home value of $95,100 and median monthly rent of $863. Of the 1,497 total housing units, renting is more common than owning, with 386 owner-occupied and 823 renter-occupied units.
The unemployment rate in Prescott is 4.1% and the poverty rate is 34.1%. 11.4% of residents hold a bachelor's degree or higher. The average commute time is 22.9 minutes.
Cost of Living in Prescott, AR
Compared to national averages, Prescott has a median household income of $29,403 (61% below the national median of $75,149). Home values average $95,100, which is 61% below the national median. Monthly rent at $863 is 26% below the US average of $1,163. Within Arkansas, Prescott's income is 44% below the state average of $52,241, and home values are 24% below the state median of $125,457.
Why Live in Prescott, AR?
Prescott offers affordable housing with a median home value of $95,100, below the US average of $244,900, and rent that’s lower than the national average at $863/month, and short commute times averaging just 22.9 minutes.
Potential considerations include median household income ($29,403) that falls below the national average. However, Prescott’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Prescott has a population of 3,063 with a median age of 35.4 years. Compare Prescott with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Prescott
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Green Forest | 3,072 | $63,813 | $127,100 | Compare |
| Huntsville | 3,086 | $52,472 | $146,300 | Compare |
| Little Flock | 3,040 | $56,961 | $383,900 | Compare |
| Elm Springs | 3,000 | $112,917 | $362,400 | Compare |
| West Fork | 3,131 | $70,486 | $182,800 | Compare |
| Hamburg | 2,992 | $35,027 | $77,700 | Compare |
| DeWitt | 2,980 | $48,221 | $85,800 | Compare |
| Corning | 3,169 | $44,197 | $85,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Prescott
What is the population of Prescott, AR?
The population of Prescott, AR is 3,063 according to the latest Census data.
What is the median household income in Prescott?
The median household income in Prescott, AR is $29,403 per year.
What is the median home value in Prescott?
The median home value in Prescott, AR is $95,100.
What is the average rent in Prescott?
The median monthly rent in Prescott, AR is $863.
What is the unemployment rate in Prescott?
The unemployment rate in Prescott, AR is 4.1%.