Zip 86305 (Prescott, AZ) Economy


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Located in Prescott Arizona, 86305 is home to many local businesses. Companies such as Andersen Logistics & Distribution, Prescott Valley Chamber of Commerce and H&H Air Group all make their homes in the area. In terms of housing, rent for a two bedroom apartment can vary depending on the location within the city. The average 2 bedroom rent for Prescott is $1,190 which is lower than the US average of $1,430 per month. Additionally, grocery cost index in Prescott is 102 compared to 100 nationally indicating that groceries may be slightly expensive in comparison with other parts of the country.

Prescott (zip 86305) has an unemployment rate of 5.9%. The US average is 6.0%.

Prescott (zip 86305) 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 43.4%, which is higher than the US average of 33.5%.

Tax Rates for Prescott (zip 86305)
- The Sales Tax Rate for Prescott (zip 86305) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Prescott (zip 86305) 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 86305)
- The average income of a Prescott (zip 86305) resident is $32,610 a year. The US average is $28,555 a year.
- The Median household income of a Prescott (zip 86305) resident is $69,609 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPrescott, ArizonaUnited States
  5.96
  -2.6%-6.2%
  43.4%33.5%
  6.4%6.2%
  3.4%4.6%
  $46,896$37,638
  $69,609$69,021
  $82,941$85,028
  Population by Occupation
  1.1%1.2%
  0.3%0.5%
  15.3%6.8%
  4.9%10.0%
  0.8%2.5%
  13.5%11.0%
  2.0%4.8%
  0.7%0.8%
  2.5%1.9%
  2.8%4.7%
  3.4%1.9%
  7.1%7.6%
  0.0%0.1%
  4.4%4.2%
  6.6%9.3%
  17.3%14.0%
  3.4%2.1%
  3.3%7.0%
  4.6%4.8%
  6.3%4.7%
Reviews for Prescott
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I'm a born and bred Californian and have lived mostly in the Northern California Sierra foothill communities ( Chico area ) with a short stint in LA for school, and then  More

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Over 16 years ago

We have been visiting Arizona since 1972 and traveled through much of it. In 1992 we bought 5 acres in a rural-like area north of Prescott. We built a home in 1998 and  More

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