Prescott is a medium-sized city located in the state of Arizona. With a population of 48,224 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.

Also of interest is that Prescott 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: 14.07% 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.

The city of Prescott is a decent size, but despite this, it doesn't have a viable public transit system that people can use to get to work.

The population of Prescott is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 39.92% of adults in Prescott have a bachelor's degree or even advanced degree.

The per capita income in Prescott in 2022 was $50,060, which is wealthy relative to Arizona and the nation. This equates to an annual income of $200,240 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. Prescott also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.03% of the city’s residents. Important ancestries of people in Prescott include German, English, Irish, Italian, and Norwegian.

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