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Prescott, MI
Full City Profile · Michigan · Arenac County County
Prescott, MI
At a Glance
How Prescott Compares to the U.S. Average
Each bar shows Prescott's value as a percentage of the national average (100% = U.S. avg)
Is Prescott a Good Place to Live?
Economy & Jobs
Prescott residents earn a median household income of $55,673 , which is 26% below the national average of $75,149. Per capita income is $19,716. The unemployment rate stands at 6.2% (72% above the U.S. rate of 3.6%). 17.3% of residents live below the poverty line. The area is home to 349 business establishments, including 45 restaurants.
Housing & Cost of Living
The median home value in Prescott is $71,100 , 75% below the national median of $281,900. Zillow estimates the typical home at $108,821. Median rent is $961/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1963.
Safety & Crime
Prescott reports 193 violent crimes per 100,000 residents , which is 49% below the national average of 380/100K. Property crime is 4,046/100K.
Education
8.3% of adults in Prescott hold a bachelor's degree or higher (75% below the national average). 82.9% have completed high school. Local schools score 5.2/10 in standardized testing.
Climate & Weather
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 gets 258 sunny days per year. Air quality is rated Good with a median AQI of 38.