Best Small Places for Business and Careers 2019

Prescott, AZ

Prescott, AZ
the place image

Prescott, AZ

Prescott, AZ
gross metro product
$7.4B
population
232.0K
median household income
$50,785
median home price
$311,000
cost of living
5% above nat'l avg
college attainment
23.7%
net migration
1,470 (year: 2018)
unemployment
4.7%
major industries
Health care
job growth
2.9% (year: 2018)
As of October 2019
Prescott has many Victorian style homes and, perhaps because of that, has been called the most Midwestern-appearing city in the Southwest. Prescott has 809 buildings on the National Register of Historic Places. Whiskey Row in downtown Prescott boasts many historic buildings, including The Palace, Arizona's oldest restaurant and bar, and many other buildings that have been converted to boutiques, art galleries, bookstores, and restaurants. The City is named after author William H. Prescott, whose writings were popular during
the Civil War. Prescott is the main site of Yavapai College's campuses in the county, and home to Prescott College, the western campus of Embry-Riddle Aeronautical University, Northern Arizona University and Old Dominion University.
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On forbes lists
#59
Best Small Places for Business and Careers 2019
#132
In Cost of Doing Business
#16
In Job Growth
#114
In Education
By The Numbers
EmploymentHousingEducationQuality of Life
Job Growth
2.9% (year: 2018)
Projected Annual Job Growth
1.4%
Unemployment
4.7%
Median Household Income
$50,785
Household Income Growth
3.3%
High-Tech Employment
0.7%
  • Data is for the metro area
  • Sources: Moody's Analytics; Sperling's BestPlaces; U.S. Census.
  • Numbers as of October 2019


  • a - Value of 100 means that a family with the median income has exactly enough income to qualify for a typical mortgage on a median-priced single-family home. An index above 100 signifies that the family has surplus income.
Explore Trends
2018
2018

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