All Countries
Prescott, MI
Full City Profile · Michigan · Arenac County County
2.6
/5.0
C+
Fair
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
193
Violent Crime/100K
4,046 property/100K
C+
Overall
2.6 / 5.0
Fair 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
F
Safety
1.0 / 5.0
193 violent crimes/100K
D
Education
1.7 / 5.0
8.3% bachelor's degree or higher
Housing Overview
Median Home Value
$71,100
75% below
US avg: $281,900
Median Rent
$961/mo
17% below
US avg: $1,163/mo
Homeownership Rate
90.6%
39% above US avg (65.4%)
Total Housing Units
165
Median year built: 1963
Home Value by Source
Census Median
$71,100
Zillow (ZHVI)
$108,821
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.6%
Owner-Occupied
9.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$961/mo
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
90.6%
Complete Housing Data
Home Values
| Census Median Value | $71,100 |
| Zillow Home Value (ZHVI) | $108,821 |
Rent
| Census Median Rent | $961 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 90.6% |
| Renter-Occupied | 9.4% |
| Homeownership Rate | 90.6% |
| Total Housing Units | 165 |
| Median Year Built | 1963 |
| Rent Burden | 51.0% |