2024 Compare Cities Economy:
Milford, MI vs Prescott, AZ

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Highlights
- Household income in Prescott, is 33% less than it is in Milford and is 13% below the National Average.
- Milford unemployment rate is 3.5%.
- Prescott unemployment rate is 5.9%.
 Milford, MIPrescott, AZUnited States
 Unemployment Rate3.5%5.9%6.0%
 Recent Job Growth0.3%2.7%1.6%
 Future Job Growth38.0%43.4%33.5%
 Sales Taxes6.0%9.1%6.2%
 Income Taxes4.3%3.4%4.6%
 Income per Cap.$47,841$41,225$37,638
 Household Income$90,591$61,090$69,021
 Family Median Income$117,179$78,893$85,028
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 Est. Households By Income
 Milford, MIPrescott, AZUnited States
 Income Less Than 15K5.6%8.2%9.4%
 Income between 15K and 20K3.2%3.3%3.8%
 Income between 20K and 30K4.1%11.3%8.1%
 Income between 30K and 40K5.3%7.2%8.0%
 Income between 40K and 50K8.3%9.9%7.6%
 Income between 50K and 60K5.6%9.2%7.2%
 Income between 60K and 75K9.5%12.2%9.6%
 Income between 75K and 100K14.7%11.1%12.8%
 Income between 100K and 150K17.7%13.8%16.3%
 Income between 150K and 200K9.7%6.1%7.8%
 Income greater than 200K16.6%7.6%9.5%
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 Population By Occupation
 Milford, MIPrescott, AZUnited States
 Management, business, finance17.6%15.4%16.4%
 Engineering, computers, science11.1%4.6%6.5%
 Community, social services2.1%3.1%1.8%
 Legal1.2%2.5%1.2%
 Education, library7.2%6.8%6.2%
 Arts, design, media, sports, entertainment2.7%2.0%2.0%
 Healthcare practitioners and technology6.2%7.6%6.2%
 Healthcare support1.1%3.9%3.3%
 Firefighters, law enforcement2.4%2.2%2.1%
 Food preparation, serving3.7%5.8%5.4%
 Building maintenance5.4%4.4%3.6%
 Personal care2.0%3.3%2.6%
 Sales, office, administrative support26.0%22.8%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair3.5%7.5%8.1%
 Production, transportation, material moving7.7%8.0%13.1%
Reviews for Milford    2 Reviews

Over 5 years ago

I grew up here. Almost no crime, surrounded by state and metropolitan parks, decent schools, beautiful downtown that is vibrant considering the population, within  More

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Over 18 years ago

Great hometown  More

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Reviews for Prescott    63 Reviews

Prescott is beautiful. The climate is wonderful (a bit hot in summer). The people are very unfriendly. I am conservative and have lived all over the country. The people  More

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I've lived here for 11 years and love the small town feel, perfect weather and great mountain biking. I am a medical professional in the area and am providing this as I  More

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Over 3 years ago

Yes, there is music here. We have a downtown with a courthouse area and yard where bands and singers perform. Also restaurants/saloons in Whiskey Row. The weather is  More

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