Prescott, KS
Population 275 · Kansas
About Prescott, KS
Prescott is a small community located in Kansas with a population of 275 residents according to the latest US Census Bureau American Community Survey data. The median household income is $40,000 per year, which is 47% below the national median of $75,149. The median age of 34.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Prescott features a median home value of $42,500, which is 83% below the national median of $244,900. This makes Prescott one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $844, 27% below the national average of $1,163/month. Of the 131 total housing units, 61% are owner-occupied (60 units) and 39% are renter-occupied (38 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Prescott shows an unemployment rate of 11.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 19.3%, above the national average of 12.4%. Workers in Prescott have an average one-way commute time of 21.5 minutes.
Education & Demographics
16.9% of Prescott residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 4.0% Hispanic or Latino, 0.0% Black or African American, and 1.1% Asian residents, with 3.3% of the population being foreign-born.
Cost of Living in Prescott, KS
Compared to national averages, Prescott has a median household income of $40,000 (47% below the national median of $75,149). Home values average $42,500, which is 83% below the national median. Monthly rent at $844 is 27% below the US average of $1,163. Within Kansas, Prescott's income is 37% below the state average of $63,989, and home values are 63% below the state median of $113,913.
Why Live in Prescott, KS?
Prescott offers affordable housing with a median home value of $42,500, below the US average of $244,900, and rent that’s lower than the national average at $844/month, and short commute times averaging just 21.5 minutes.
Potential considerations include median household income ($40,000) 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 275 with a median age of 34.5 years. Compare Prescott with other cities to see how it stacks up, or explore all cities in Kansas.
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Demographics
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Economy & Education
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Other Cities in Kansas
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, KS?
The population of Prescott, KS is 275 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Kansas.
What is the median household income in Prescott?
The median household income in Prescott, KS is $40,000 per year, which is 47% below the national median of $75,149.
What is the median home value in Prescott?
The median home value in Prescott, KS is $42,500, which is 83% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Prescott?
The median monthly rent in Prescott, KS is $844, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Prescott?
The unemployment rate in Prescott, KS is 11.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Prescott, KS a good place to live?
Prescott offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 275 and a median age of 34.5, the city appeals to young professionals and families.
How educated is Prescott, KS?
16.9% of residents in Prescott aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Prescott?
Key cost-of-living indicators for Prescott, KS: median home value is $42,500 (83% below national), median rent is $844/month, and median household income is $40,000. The home-value-to-income ratio is 1.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Prescott?
The poverty rate in Prescott, KS is 19.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Prescott, KS?
Prescott's population is 0.0% White, 4.0% Hispanic or Latino, 0.0% Black or African American, 1.1% Asian, and 0.0% two or more races. 3.3% of residents are foreign-born.