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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
Top Industries in Prescott (9)
County-level employment data (BLS QCEW). Sorted by employment.
Manufacturing
879 jobs
26 firms
$55,862/yr
Retail Trade
682 jobs
49 firms
$32,326/yr
Accommodation & Food Services
346 jobs
36 firms
$19,613/yr
Administrative & Waste Services
242 jobs
10 firms
$49,739/yr
Professional & Technical Services
161 jobs
20 firms
$95,902/yr
Construction
108 jobs
39 firms
$52,658/yr
Wholesale Trade
104 jobs
15 firms
$67,437/yr
Other Services
79 jobs
33 firms
$26,120/yr
Arts & Entertainment
54 jobs
7 firms
$18,119/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Manufacturing
2.62
Retail Trade
1.67
Administrative & Waste Services
1.01
Accommodation & Food Services
0.93
Arts & Entertainment
0.79
Wholesale Trade
0.65
Other Services
0.64
Professional & Technical Services
0.57
Construction
0.50
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Manufacturing | 879 | 26 | $1,074 | $55,862 | 2.62 |
| Retail Trade | 682 | 49 | $622 | $32,326 | 1.67 |
| Accommodation & Food Services | 346 | 36 | $377 | $19,613 | 0.93 |
| Administrative & Waste Services | 242 | 10 | $957 | $49,739 | 1.01 |
| Professional & Technical Services | 161 | 20 | $1,844 | $95,902 | 0.57 |
| Construction | 108 | 39 | $1,013 | $52,658 | 0.50 |
| Wholesale Trade | 104 | 15 | $1,297 | $67,437 | 0.65 |
| Other Services | 79 | 33 | $502 | $26,120 | 0.64 |
| Arts & Entertainment | 54 | 7 | $348 | $18,119 | 0.79 |