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Prescott, MI

Michigan

Prescott is a small town in Michigan with a population of 352. Residents earn $55,673 per year, which is 26% below the national average.

3.2 /5.0
B Good
352 Population 317/sq mi density
$55,673 Median Income $19,716 per capita
$71,100 Home Value $108,821 Zillow
$961 Median Rent 51.0% income on rent
43°F Avg Temperature 258 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$55,673 median income, 6.2% unemployment
A+
Affordability
5.0 / 5.0
$71,100 home value, $961/mo rent
D
Education
1.7 / 5.0
8.3% bachelor's degree or higher
Median Income $55,673
26% lower than US avg
Home Value $71,100
75% lower than US avg
Bachelor's+ 8.3%
75% lower than US avg
Median Rent $961
17% lower than US avg
Obesity Rate 41.6%
30% higher than US avg
Unemployment 6.2%
72% higher than US avg
Poverty Rate 17.3%
40% higher than US avg

How Prescott Compares to the U.S. Average (100% = U.S. avg)

People

Population352
Median Age44.8 yrs
Density317/mi²
Male / Female46% / 54%
Largest GroupWhite 97%
Veterans14.0%

Economy

C+
Median Income$55,673
Per Capita$19,716
Unemployment6.2%
Poverty17.3%
County GDP$603M
Commute25 min

Housing

A+
Home Value$71,100
Rent$961
OwnershipN/A
Zillow$108,821
Housing Units165
Rent Burden51.0%

Health

Obesity41.6%
Uninsured9.5%
Smoking23.1%
Depression31.5%
Heart Disease7.5%

Climate

Avg Temp43°F (6°C)
AQI38 (Good)
Sunny Days258/yr
Elevation794 ft (242 m)

Education

D
Bachelor's+8.3%
High School+82.9%
Graduate+0.4%
School Score5.23

Community

2024 VoteR 70% / D 29%
Commute25 min
Broadband90.6%
Libraries3

Is Prescott a Good Place to Live?

Based on current data, Prescott receives an overall livability score of 3.2 out of 5.0, earning a grade of B. Key strengths include affordable housing, abundant sunshine. Areas to be aware of include above-average unemployment, an elevated poverty rate, below-average incomes. Prescott offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Prescott is $55,673, 26% below the national average of $75,149. The unemployment rate of 6.2% is somewhat elevated compared to the national rate of 3.6%. The poverty rate of 17.3% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 25 minutes.

Cost of Living & Housing

The median home value in Prescott is $71,100, 75% below the national median — offering relatively affordable homeownership. Renters pay a median of $961 per month, below the national average — a plus for affordability. At just 1.3x median income, home prices are very affordable relative to local earnings.

Education

8.3% of residents hold a bachelor's degree, below the national average of 33.7%. 82.9% have completed high school. Area schools have an average test score of 5.2/10.

Climate & Weather

Prescott has a cool climate with an average annual temperature of 43°F. Winters average 18°F in January while summers reach 67°F in July. With 258 sunny days per year, residents enjoy well above the national average of sunshine. Air quality is rated Good with a median AQI of 38.

Prescott has a population of 352 with a density of 317 people per square mile. The median age is 44.8 years, 15% older than the national median of 38.9. The city is predominantly White (96.6%).

Population

352
Total Population
317
People / sq mi
44.8yrs
Median Age
15% above US avg
1.1mi²
Land Area

Gender Distribution

Male 45.7%
Female 54.3%

Race & Ethnicity

Prescott vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Prescott vs U.S. Average

The median household income in Prescott is $55,673, which is 26% below the national average of $75,149. The unemployment rate is 6.2% (above the 3.6% US average). 17.3% of residents live below the poverty line. Workers commute an average of 25 minutes.

Income: Prescott vs U.S.

Commute Mode

Income

Median HH Income$55,673
26% below US avg
Per Capita Income$19,716
Avg Weekly Wage$901
IRS Avg AGI$55,044

Employment & Poverty

Unemployment6.2%
72% above US avg
Poverty Rate17.3%
40% above US avg
Establishments (County)349
County GDP$603M

Business (County)

Restaurants45
Healthcare41
Retail71
Manufacturing30

Tax & Cost of Living

Property Tax (IRS)$3,929
12% above US avg
Cost of Living96.20 (100=avg)
Effective Tax Rate5.53%

Commute & Transportation

Commute Time25.2 min
Drive Alone71.4%
Public Transit0.0%
Work from Home10.2%

Walkability

The median home value in Prescott is $71,100, 75% below the national average. Monthly rent averages $961 (17% below US avg). Zillow estimates the typical home value at $108,821.

Home Value Sources

Ownership Split

Home Values

Census Median$71,100
75% below US avg
Zillow ZHVI$108,821

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$961
17% below US avg
Rent Burden51.0%

HUD Fair Market Rent

Studio$807
1 Bedroom$891
2 Bedrooms$1,113
3 Bedrooms$1,419
4 Bedrooms$1,588

Ownership & Property

Owner-Occupied90.6%
Housing Units165
Median Year Built1963

Property Tax

Avg Tax (IRS)$3,929
12% above US avg
Effective Rate5.53%
In Prescott, 41.6% of adults are obese (above the 32.1% national rate). 9.5% of residents lack health insurance. 23.1% are current smokers. 31.5% report depression. 31.4% are physically inactive.

Health Metrics: Prescott vs U.S. Average (%)

Chronic Conditions

Obesity41.6%
30% above US avg
Diabetes12.4%
Heart Disease7.5%
High Blood Pressure36.0%
Asthma12.8%
COPD10.9%
Cancer7.5%
Stroke4.0%

Behaviors & Mental Health

Smoking23.1%
65% above US avg
Binge Drinking17.1%
Physical Inactivity31.4%
Depression31.5%
Mental Distress22.8%
Physical Distress17.6%
Short Sleep41.4%

Healthcare Access

Insurance Rate78.1%
Uninsured9.5%
10% above US avg
Primary Care1:2,496
Dentists1:1,886
Mental Health1:522
Checkup Rate76.1%
Dental Visits56.3%
Premature Death11,697/100K

Food & Exercise

Food Environment7.7/10
Exercise Access47.5%
Healthcare Facilities41
Prescott has an average annual temperature of 43°F (6°C). Winters average 18°F in January while summers reach 67°F in July. The area enjoys 258 sunny days per year. Air quality is rated Good with a median AQI of 38.

Temperature

18°F Jan (-8°C) 67°F Jul (20°C)
Annual Average43.4°F
20% below US avg
January Average18°F (-8°C)
July Average67°F (20°C)
Sunny Days258 days/yr

Precipitation & Snow

Air Quality

AQI Median38.0
RatingGood

Geography

Elevation794 ft (242 m)
Area1.1 sq mi (2.9 km²)
Population Density317/sq mi
Coordinates44.1916°N, 83.9322°W
TimezoneAmerica/Detroit
County FIPS26011
It is classified as Nonmetro — Rural, adjacent. 8.3% of residents hold a bachelor's degree or higher (75% below US avg). In the 2024 election, the county voted Republican by a 40.6-point margin. 90.6% of households have broadband internet.

2024 Presidential Election (County)

R 69.7%
D 29.1%

Winner: Republican by 40.6 points

Education

Bachelor's Degree+8.3%
75% below US avg
High School+82.9%
Graduate Degree+0.4%
School Test Score5.23
D Education Grade (1.7/5.0)

Urban-Rural Classification

RUCC Code 8Nonmetro — Rural, adjacent
Population Density317/sq mi
Total Area1.1 sq mi

Infrastructure & Services

Broadband Access90.6%
Public Libraries3
Healthcare Facilities41
Restaurants45
Retail Stores71

Safety & Disasters

Fatal Crashes (County/yr)4

Commute & Transportation

Avg Commute25.2 min
Drive Alone71.4%
Public Transit0.0%
Work from Home10.2%

Nearby Cities

Skidway Lake, MI 2,800 pop · 5.6 mi Standish, MI 1,616 pop · 14.9 mi West Branch, MI 2,177 pop · 16.1 mi Tawas City, MI 1,654 pop · 20.9 mi Pinconning, MI 1,384 pop · 23.2 mi East Tawas, MI 2,686 pop · 23.2 mi St. Helen, MI 2,841 pop · 26.4 mi Gladwin, MI 3,081 pop · 31.1 mi Au Sable, MI 1,780 pop · 33.1 mi Mio, MI 1,504 pop · 34.2 mi Beaverton, MI 1,036 pop · 35.0 mi Prudenville, MI 1,286 pop · 37.1 mi Roscommon, MI 1,029 pop · 38.4 mi Sebewaing, MI 1,921 pop · 39.8 mi
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