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.
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