Zip 86303 (Prescott, AZ) Economy


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Located in the beautiful Mile High City, 86303 Prescott, AZ is a wonderful place to live and work. With an average 2 bedroom rent of only $1,140 compared to the US average of $1,430, it's easy to see why this location is so popular for individuals looking for a great price on their housing. The Grocery Cost Index in Prescott is also quite low at 100 compared to the US index of 100 - offering locals access to affordable staples they need without making drastic adjustments to their budget.
The city has plenty of both local and national businesses that give residents amazing job opportunities. Notable companies include ABC Financial Services (a finance company), BCD Home Security (a home security solution provider), and Y-Tech Solutions (an IT support services provider). So not only does Prescott offer access to affordable housing and groceries, but it also provides excellent employment options.

Prescott (zip 86303) has an unemployment rate of 5.9%. The US average is 6.0%.

Prescott (zip 86303) has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 43.4%, which is higher than the US average of 33.5%.

Tax Rates for Prescott (zip 86303)
- The Sales Tax Rate for Prescott (zip 86303) is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Prescott (zip 86303) 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 (zip 86303)
- The average income of a Prescott (zip 86303) resident is $41,106 a year. The US average is $37,638 a year.
- The Median household income of a Prescott (zip 86303) resident is $60,037 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPrescott, ArizonaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Prescott
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Is the population of Prescott 17,430or 43,214? There seems to be a difference of opinion. Which is a nicer place to live in the summer- choosing between Prescott,  More

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Yep, after looking at the housing- it is expensive compared to the midwest, where I originate from- but the views are lovely. My wife and I have only visited twice-  More

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