2024 Compare Cities Economy:
Paradise Valley, AZ vs Prescott, AZ

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Highlights
- Household income in Prescott, is 70% less than it is in Paradise Valley and is 13% below the National Average.
- Paradise Valley unemployment rate is 6.1%.
- Prescott unemployment rate is 5.9%.
 Paradise Valley, AZPrescott, AZUnited States
 Unemployment Rate6.1%5.9%6.0%
 Recent Job Growth3.3%2.7%1.6%
 Future Job Growth45.1%43.4%33.5%
 Sales Taxes8.8%9.1%6.2%
 Income Taxes3.4%3.4%4.6%
 Income per Cap.$142,162$41,225$37,638
 Household Income$203,659$61,090$69,021
 Family Median Income$217,480$78,893$85,028
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 Est. Households By Income
 Paradise Valley, AZPrescott, AZUnited States
 Income Less Than 15K2.6%8.2%9.4%
 Income between 15K and 20K2.3%3.3%3.8%
 Income between 20K and 30K3.0%11.3%8.1%
 Income between 30K and 40K1.4%7.2%8.0%
 Income between 40K and 50K5.0%9.9%7.6%
 Income between 50K and 60K1.8%9.2%7.2%
 Income between 60K and 75K3.4%12.2%9.6%
 Income between 75K and 100K3.5%11.1%12.8%
 Income between 100K and 150K12.2%13.8%16.3%
 Income between 150K and 200K13.9%6.1%7.8%
 Income greater than 200K50.9%7.6%9.5%
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 Population By Occupation
 Paradise Valley, AZPrescott, AZUnited States
 Management, business, finance30.2%15.4%16.4%
 Engineering, computers, science9.1%4.6%6.5%
 Community, social services0.4%3.1%1.8%
 Legal9.0%2.5%1.2%
 Education, library4.2%6.8%6.2%
 Arts, design, media, sports, entertainment2.5%2.0%2.0%
 Healthcare practitioners and technology14.1%7.6%6.2%
 Healthcare support1.6%3.9%3.3%
 Firefighters, law enforcement0.2%2.2%2.1%
 Food preparation, serving2.3%5.8%5.4%
 Building maintenance1.6%4.4%3.6%
 Personal care2.1%3.3%2.6%
 Sales, office, administrative support18.2%22.8%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair1.9%7.5%8.1%
 Production, transportation, material moving2.6%8.0%13.1%
Reviews for Paradise Valley    1 Reviews

In addition to some of the best climate, other than months of mid June through mid October, we have many hiking, tennis, and golf opportunities. Sky Harbor airport is  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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