Prescott Valley is a larger medium-sized town located in the state of Arizona. With a population of 50,045 people and 14 associated neighborhoods, Prescott Valley is the 23rd largest community in Arizona. Prescott Valley has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Prescott Valley, where the median household income is $70,793.00.

Also of interest is that Prescott Valley has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.27% 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.

Even though Prescott Valley is not a small town, it doesn't have a public transportation system that anybody uses for their daily commute to work.

The citizens of Prescott Valley are slightly better educated than the national average of 21.84% for all cities and towns, with 24.03% of adults in Prescott Valley having a bachelor's degree or advanced degree.

The per capita income in Prescott Valley in 2022 was $35,604, which is upper middle income relative to Arizona, and middle income relative to the rest of the US. This equates to an annual income of $142,416 for a family of four. However, Prescott Valley contains both very wealthy and poor people as well.

Prescott Valley is a very ethnically-diverse town. The people who call Prescott Valley home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Prescott Valley residents report their race to be White, followed by Asian. Prescott Valley also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 19.87% of the town’s residents. Important ancestries of people in Prescott Valley include German, English, Irish, Italian, and Scottish.

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