Prescott, WA
Population 336 · Washington
About Prescott, WA
Prescott is a small community located in Washington with a population of 336 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,083 per year, which is 17% below the national median of $75,149. The median age of 35.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Prescott features a median home value of $217,300, which is 11% below the national median of $244,900. This positions Prescott in a moderately priced market relative to the rest of the country. Median monthly rent is $1,098, 6% below the national average of $1,163/month. Of the 146 total housing units, 69% are owner-occupied (81 units) and 31% are renter-occupied (36 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Prescott shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 11.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Prescott have an average one-way commute time of 29.8 minutes.
Education & Demographics
13.6% 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 0.6% White, 5.4% Hispanic or Latino, 0.0% Black or African American, and 9.2% Asian residents, with 2.7% of the population being foreign-born.
Cost of Living in Prescott, WA
Compared to national averages, Prescott has a median household income of $62,083 (17% below the national median of $75,149). Home values average $217,300, which is 11% below the national median. Monthly rent at $1,098 is 6% below the US average of $1,163. Within Washington, Prescott's income is 32% below the state average of $90,795, and home values are 53% below the state median of $460,491.
Why Live in Prescott, WA?
Prescott offers affordable housing with a median home value of $217,300, below the US average of $244,900, and rent that’s lower than the national average at $1,098/month, and a low poverty rate of 11.7%, better than the national average.
Potential considerations include median household income ($62,083) 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 336 with a median age of 35.9 years. Compare Prescott with other cities to see how it stacks up, or explore all cities in Washington.
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Demographics
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Economy & Education
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Other Cities in Washington
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, WA?
The population of Prescott, WA is 336 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Washington.
What is the median household income in Prescott?
The median household income in Prescott, WA is $62,083 per year, which is 17% below the national median of $75,149.
What is the median home value in Prescott?
The median home value in Prescott, WA is $217,300, which is 11% 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, WA is $1,098, which is 6% below the national average of $1,163/month.
What is the unemployment rate in Prescott?
The unemployment rate in Prescott, WA is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Prescott, WA a good place to live?
Prescott offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 336 and a median age of 35.9, the city appeals to a broad range of residents.
How educated is Prescott, WA?
13.6% 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, WA: median home value is $217,300 (11% below national), median rent is $1,098/month, and median household income is $62,083. The home-value-to-income ratio is 3.5x, a moderate figure by national standards.
What is the poverty rate in Prescott?
The poverty rate in Prescott, WA is 11.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Prescott, WA?
Prescott's population is 0.6% White, 5.4% Hispanic or Latino, 0.0% Black or African American, 9.2% Asian, and 0.0% two or more races. 2.7% of residents are foreign-born.