Prescott Valley, AZ Economy


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Prescott Valley, AZ is a great place to live with affordable housing! The average 2 bedroom rent in Prescott Valley is $1,340 compared to the US average of $1,430. Grocery costs are also much lower with a cost index of 98 versus 100 in the US. It is surrounded by beautiful mountains and pine trees with plenty of outdoor activities to enjoy year round like hiking, biking, and camping. In terms of employment opportunities, there are multiple companies in the area such as Yavapai Regional Medical Center and Walmart Distribution Center. There are also plenty of places to visit around town like Heritage Park Zoo and Tim's Toyota Center for community events or concerts.

Prescott Valley has an unemployment rate of 5.3%. The US average is 6.0%.

Prescott Valley has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 46.3%, which is higher than the US average of 33.5%.

Tax Rates for Prescott Valley
- The Sales Tax Rate for Prescott Valley is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Prescott Valley is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Prescott Valley
- The average income of a Prescott Valley resident is $21,560 a year. The US average is $28,555 a year.
- The Median household income of a Prescott Valley resident is $60,033 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPrescott Valley, ArizonaUnited States
  5.36
  -2.6%-6.2%
  46.3%33.5%
  6.4%6.2%
  3.4%4.6%
  $30,686$37,638
  $60,033$69,021
  $68,303$85,028
  Population by Occupation
  0.2%1.2%
  0.5%0.5%
  7.2%6.8%
  7.3%10.0%
  2.0%2.5%
  15.5%11.0%
  3.0%4.8%
  1.7%0.8%
  1.5%1.9%
  3.8%4.7%
  1.9%1.9%
  4.5%7.6%
  0.0%0.1%
  6.4%4.2%
  8.3%9.3%
  15.9%14.0%
  1.5%2.1%
  6.8%7.0%
  7.3%4.8%
  4.8%4.7%
Reviews for Prescott Valley
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My neighbor set his home on fire. No insurance. The city did nothing. Its been 15 months,. The wrecked house is a eyesore. Dont get into a HOA. They are  More

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We moved here about 3 1/2 years ago. Prescott Valley is growing out of control, the town rubber stamps anything a builder wants. Traffic is getting worse, new residents  More

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Over 4 years ago

Before moving to Prescott Valley I lived in Phoenix 30 years and watched Prescott Valley go from basically a few little mom and pop stores on the main road to Prescott  More

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