Prescott, WA is a city known for its low cost of living and ample job opportunities. It is also home to several big-name companies such as Microsoft, Amazon, Hewlett Packard Enterprise, and T-Mobile. The average rent for a two bedroom apartment in Prescott is $1,070 per month which is significantly lower than the national average of $1,430 per month. Additionally, the grocery cost index in Prescott is 98 compared to 100 in the US. This makes it an ideal city for those looking to move and live on a budget without sacrificing quality of life.
Prescott has an unemployment rate of 5.2%. The US average is 6.0%.
Prescott has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Prescott
- The Sales Tax Rate for Prescott is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Prescott is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Prescott
- The average income of a Prescott resident is $20,191 a year. The US average is $28,555 a year.
- The Median household income of a Prescott resident is $50,833 a year. The US average is $69,021 a year.