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Real Estate Prices & Overview

Prescott Northwest median real estate price is $366,002, which is more expensive than 36.9% of the neighborhoods in Arizona and 50.6% of the neighborhoods in the U.S.

The average rental price in Prescott Northwest is currently $3,310, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.6% of the neighborhoods in Arizona.

Prescott Northwest is a suburban neighborhood (based on population density) located in Prescott, Arizona.

Prescott Northwest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Prescott Northwest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Prescott Northwest, the current vacancy rate is 0.5%, which is a lower rate of vacancies than 92.9% of all neighborhoods in the U.S. This means that the housing supply in Prescott Northwest is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Prescott Northwest neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.7% of all American neighborhoods.

People

One of the really interesting characteristics about the Prescott Northwest neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 1.5% of college-friendly places to live in the state of Arizona.

In addition, an extraordinary 11.6% of the residents of the Prescott Northwest neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Occupations

The Prescott Northwest neighborhood stands out nationally for having a greater proportion of its residents active in the military than 96.4% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Modes of Transportation

In the Prescott Northwest neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 10.4% of residents here. This is a higher proportion of walking commuters than we found in 95.0% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Prescott Northwest neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Prescott Northwest neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 57.2% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Prescott Northwest neighborhood has more Scottish and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.0% of this neighborhood's residents have Scottish ancestry and 4.4% have Eastern European ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Prescott Northwest neighborhood in Prescott are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 43.8% of the neighborhoods in America. With 11.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.3% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Prescott Northwest neighborhood, 44.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 23.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.4%), and 12.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Prescott Northwest neighborhood is English, spoken by 97.1% of households.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Prescott Northwest neighborhood in Prescott, AZ, residents most commonly identify their ethnicity or ancestry as German (22.8%). There are also a number of people of English ancestry (20.1%), and residents who report Scottish roots (13.0%), and some of the residents are also of Norwegian ancestry (8.1%), along with some Mexican ancestry residents (7.5%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Prescott Northwest neighborhood spend under 15 minutes commuting one-way to work (57.2% of working residents), one of the shortest commutes across America.

Here most residents (74.6%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (10.4%) and 5.2% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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Schools include:
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