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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

Change Over Time (2013, 2023)

Population Change
-12.7%
259 → 226
over 10 years
Annual Pop. Growth
-1.35%
Compound annual growth rate
Median Income Change
+32%
$42,188 → $55,673
nominal, not inflation-adjusted
Annual Income Growth
+2.81%
Compound annual growth rate

Population Over Time

Total population for Prescott across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013, 2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts, real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
205
-21 from 2023 (226)
Projected Median Income 2030
$67,592
+$11,919 from 2023 ($55,673)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 259 - $42,188 -
2015 254 -1.9% $34,583 -18%
2017 254 +0% $20,208 -41.6%
2019 255 +0.4% $35,000 +73.2%
2021 223 -12.5% $50,556 +44.4%
2023 226 +1.3% $55,673 +10.1%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.