Prescott is a medium-sized city located in the state of Arizona. With a population of 47,603 people and 24 associated neighborhoods, Prescott is the 24th largest community in Arizona.

Prescott home prices are not only among the most expensive in Arizona, but Prescott real estate also consistently ranks among the most expensive in America.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.41% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

One of the benefits of Prescott is that there is very little traffic. The average commute to work is 17.25 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.

Prescott is one of the most well-educated cities in the nation. 40.02% of adults in Prescott have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

The per capita income in Prescott in 2022 was $46,076, which is wealthy relative to Arizona and the nation. This equates to an annual income of $184,304 for a family of four. However, Prescott contains both very wealthy and poor people as well.

Prescott is a somewhat ethnically-diverse city. The people who call Prescott home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Prescott residents report their race to be White, followed by Asian. Important ancestries of people in Prescott include German, English, Irish, Italian, and French.

The most common language spoken in Prescott is English. Other important languages spoken here include Spanish and German/Yiddish.