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Living in Prescott Arizona - EVERYTHING You Need to Know

Watson Lake in Prescott Arizona

What is Living in Prescott Arizona Like?

Prescott, Arizona, located in Yavapai County, is home to approximately 49,000 people. The city offers a unique blend of history and natural beauty, making it a desirable place to live. Situated in the central part of the state, Prescott, Arizona, boasts a mild climate and is surrounded by picturesque landscapes, including the Prescott National Forest and the Granite Dells. The city is known for its charming downtown area, filled with historic buildings, art galleries, and local shops. Residents and visitors can enjoy a variety of outdoor activities, such as hiking, mountain biking, and horseback riding, thanks to the numerous trails and parks in the area. Prescott also offers a vibrant arts and culture scene, with events and festivals throughout the year. With its small-town charm and stunning natural surroundings, Prescott is a hidden gem in the heart of Arizona.     
 
One of the main attractions in Prescott, Arizona, is the historic downtown area known as Whiskey Row. This area is filled with charming shops, restaurants, and bars and is a popular spot for locals and tourists alike. Another attraction in the area is the Prescott National Forest, which offers a variety of outdoor activities such as hiking, camping, and fishing. The forest is home to several scenic trails and beautiful lakes, providing plenty of opportunities for residents and visitors to enjoy the area's natural beauty. Prescott also has several parks, including Watson Lake Park and Granite Creek Park, which offer amenities such as picnic areas, playgrounds, and walking paths, making it a great place for families to spend time outdoors.

 

There are several large employers in and around Prescott, Arizona, including Yavapai Regional Medical Center, a major healthcare provider in the area, and Embry-Riddle Aeronautical University, a renowned institution for aviation and aerospace education.     
 
The cost of living in Prescott, Arizona, is higher than the national average but less expensive than in some areas of the state. Today, the average home value in Prescott stands around $585,000, and if you are looking to rent, you'll find the average cost for a one-bedroom apartment in Prescott is around $1400 a month. There are a variety of housing options available for Prescott residents to choose from, including single-family homes, townhomes, condos, and apartments.     
 
If you're looking for a small town with easy access to bigger cities, a charming downtown, excellent schools, and plenty of outdoor activities, Prescott, Arizona, would be the perfect place for you! Keep reading to learn more about living in Prescott, Arizona, including its neighborhoods, schools, cost of living, and some pros and cons of living in this lovely city. This information should help you determine whether living in Prescott, Arizona, is the right choice for you.     

Are You Thinking About Buying a Home in Prescott Arizona?

Would you like to buy a home in Prescott, Arizona? Let our team of trusted professionals help you buy or/and sell a home in the Prescott area. To connect with a local expert/real estate professional in Prescott, Arizona, to help you navigate your home buying journey, CLICK HERE. To start receiving emails with homes that match your criteria in Prescott, CLICK HERE and sign up for Listing Alert. With a little info on what, where, and how much, you'll get newly listed homes matching your criteria sent to your inbox as they hit the market. This can give you a big leg up in your home search.

The first step in the home-buying process is getting pre-approved for a mortgage. Todd Davidson is an experienced mortgage broker and can help you get the best financing option for your home purchase. Not quite ready yet? Todd can help you put together a plan to get you there. Whether you're thinking a few months or a year or more if you want to buy a home, reach out to Todd and he can help. CLICK HERE to email Todd and set up a call to get the process started. 

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Todd Davidson

Mortgage Broker

What is the Cost of Living in Prescott Arizona?

If you're exploring a move to Prescott, Arizona, or any place, the cost of living would be a significant factor in your decision-making. I calculated the REAL cost of living in Prescott, Arizona, by factoring in today's costs for housing (rent and own), utilities, food, transportation, healthcare, and other necessities to live. To live in Prescott, Arizona, and rent, you would need to make $42,000 a year. To live in Prescott, Arizona, and buy a home, you would need to make $68,000 a year. Rental amount is based on current low end cost of studio or one bedroom, purchase is based on recent low end sales of a three bedroom and monthly payment with 20% down.

Cost of Living

Living in Prescott Arizona Tips/Info/Blog Posts

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Top Neighborhoods in Prescott Arizona

Prescott, Arizona, a city renowned for its scenic beauty and rich history, offers a diverse array of neighborhoods, each with its own distinct charm. From the historic streets of Downtown Prescott to the tranquil The Ranch at Prescott and beyond, explore the unique characteristics, housing options, local attractions, and more that make these six neighborhoods so appealing to residents of Prescott, Arizona:

  1. Downtown Prescott: The heart of the city, Downtown Prescott boasts historic charm with its Victorian architecture and tree-lined streets. Home options include single-family homes, historic properties, condos, and apartments. This vibrant area features a variety of shops, galleries, and restaurants, making it a cultural hub. Courthouse Square is a central gathering spot for events, and the area is rich in art and history. The nearby Yavapai County Courthouse, Whiskey Row, and Sharlot Hall Museum are popular attractions.

  2. Prescott Lakes: This master-planned community offers a mix of housing options, including single-family homes and townhouses, often with scenic golf course views. Prescott Lakes is known for its upscale feel and recreational amenities, including a private golf club. The neighborhood has parks and trails, with Watson Lake and Willow Lake nearby, offering outdoor enthusiasts plenty of opportunities. Residents also enjoy the convenience of shopping centers and restaurants within the community.

  3. Gurley Street: Nestled close to downtown, Gurley Street is known for its beautiful historic homes. This neighborhood features a mix of single-family houses and some apartment complexes. Residents enjoy the convenience of being within walking distance of downtown Prescott, where they can explore local boutiques and art galleries and dine at charming eateries. The neighborhood has a sense of community and is great for those who appreciate the city's character.

  4. The Ranch at Prescott: Situated in the ponderosa pine forest, this upscale neighborhood offers stunning mountain views and a mix of larger single-family homes. The Ranch at Prescott is known for its tranquility and proximity to outdoor activities. Many homes have spacious yards and a sense of privacy. The neighborhood is close to hiking trails, and residents can explore the nearby Prescott National Forest. The Prescott Gateway Mall and various dining options are also within easy reach.

  5. Pine Lakes: This family-friendly neighborhood offers a mix of single-family homes and townhouses, often with larger lots. Pine Lakes is known for its peaceful ambiance and proximity to schools, making it an attractive choice for families. The neighborhood features a few parks and green spaces, creating a pleasant environment for outdoor activities. There are local shops and dining options, and the downtown area is a short drive away.

  6. Hassayampa Village: Nestled in the mountains just west of downtown Prescott, Hassayampa Village is an upscale gated community with a range of housing options, including luxury homes and townhouses. The neighborhood offers a sense of exclusivity and is known for its breathtaking views, golf course, and serene environment. Residents can explore the beautiful Hassayampa Golf Club and the nearby Thumb Butte Recreation Area. While this neighborhood is a bit secluded, downtown Prescott's amenities are still accessible within a short drive.

Prescott Arizona

20 Pros and Cons of Living in Prescott Arizona

Living in Prescott Arizona Pros

  1. Mild Climate: Prescott enjoys a mild four-season climate with comfortable temperatures, making it an ideal escape from the extreme heat of nearby desert areas in the summer and offering pleasant winters with occasional snowfall.

  2. Natural Beauty: Surrounded by the Prescott National Forest and the stunning landscapes of northern Arizona, Prescott is a haven for outdoor enthusiasts, offering hiking, biking, and other recreational opportunities.

  3. Historic Charm: Known as "Arizona's Christmas City" for its festive celebrations, Prescott features historic buildings, charming Victorian homes, and a picturesque downtown with a rich cultural heritage.

  4. Low Crime Rate: Prescott consistently boasts a lower crime rate compared to the national average, providing a sense of safety and security for residents.

  5. Community Spirit: The strong sense of community in Prescott is evident through local events, festivals, farmers markets, and a welcoming atmosphere that fosters connections among residents.

  6. Cultural Offerings: Prescott hosts various cultural events, art galleries, and theaters, making it a hub for creativity and enriching experiences.

  7. Educational Opportunities: With quality public and private schools, as well as higher education institutions like Yavapai College, Prescott provides excellent educational options for families and students.

  8. Healthcare Facilities: The city has reliable healthcare services, including hospitals and medical centers, ensuring residents have access to essential medical care.

  9. Prescott Lakes: The city offers several lakes and reservoirs for fishing, boating, and water sports, providing recreational options for water lovers.

  10. Relaxed Lifestyle: Prescott's small-town atmosphere, friendly neighbors, and a slower pace of life create a relaxed and comfortable environment, making it an appealing place to call home.

Living in Prescott Arizona Cons

  1. Summer Heat: Although milder than some desert areas, Prescott can still experience hot temperatures in the summer, which might be uncomfortable for some individuals.

  2. Tourist Crowds: During peak tourist seasons, some areas of Prescott can become crowded, which may impact the overall ambiance.

  3. Limited Job Market: While the city has a growing job market, it is more limited than larger metropolitan areas, and certain specialized professions may have fewer opportunities.

  4. Drought Concerns: Like much of the Southwest, Prescott faces periodic drought conditions, which can impact water availability and landscaping choices.

  5. Traffic Congestion: While less severe than in major cities, traffic congestion can be an issue during certain times, especially during popular events or tourist season.

  6. Higher Cost of Living: The cost of living in Prescott, particularly housing costs, can be relatively higher than in other smaller cities.

  7. Winter Snowfall: While many appreciate occasional snow, some may find it inconvenient, especially if they're not accustomed to driving in snowy conditions.

  8. Distance to Major Cities: Prescott is somewhat distant from major urban centers, which might limit access to certain amenities or services available in larger cities.

  9. Limited Air Travel Options: The city has a smaller regional airport, but residents may need to travel to Phoenix Sky Harbor International Airport for long-distance flights.

  10. Altitude: Prescott's higher elevation (around 5,300 feet) can pose challenges for individuals with certain medical conditions, especially if they're not used to higher altitudes.

Sunset over Prescott Arizona

FAQs About Living in Prescott Arizona

What is Prescott Arizona known for?

Prescott, Arizona, is most known for its annual Whiskey Row Off-Road mountain bike race, which takes place every May and celebrates the thrill of off-road biking in the scenic Prescott National Forest. The race attracts participants from all over the country and features various events and activities such as bike races, live music, and a beer garden. The challenging trails and breathtaking views of the forest are a sight to behold and have become an iconic symbol of Prescott and the surrounding region.

What cities and attractions is Prescott Arizona close to?

Prescott, Arizona, is situated in Yavapai County, in the central part of the state. The city is approximately 100 miles north of Phoenix and 90 miles southwest of Flagstaff. Prescott is in close proximity to several other cities in the area, including Sedona, about 60 miles to the northeast, and Prescott Valley, about 10 miles to the east. The city is also within easy driving distance of other popular destinations in the region, such as the Grand Canyon, Coconino National Forest, and the Verde Valley. Prescott's central location in Yavapai County makes it an ideal starting point for exploring the surrounding natural beauty and nearby cities.

What is the weather like in Prescott Arizona?

Living in Prescott, Arizona, you can expect mild weather throughout the year. In the winter months, the average high temperatures range from 50°F to 55°F, and the average low temperatures range from 25°F to 30°F. The city gets some snow, receiving about 13 inches annually. Summers in Prescott are hot, with average high temperatures ranging from 85°F to 90°F and occasional heatwaves reaching temperatures in the 100s. The city receives around 19 inches of rain yearly, with most precipitation occurring in the monsoon season during the summer months.

Does Prescott Arizona have good public schools?

Students in Prescott, Arizona, attend public school in the Prescott Unified School District, which serves the city of Prescott and some surrounding areas. For school year 2022-23, Niche.com ranks the Prescott Unified School District 47th amongst all school districts in Arizona, giving it an overall B rating. The district is dedicated to providing a comprehensive education, including a focus on STEM and college readiness, and offers a wide range of extracurricular activities and clubs for students to explore their interests. The district boasts a diverse student population and strong partnerships with local colleges and universities. Families residing in Prescott, Arizona, can have confidence in the public school system's ability to deliver a high-quality education.

Is Prescott Arizona safe?

Living in Prescott, Arizona, you'll find it a remarkably safe place. Property crime rates in Prescott are significantly lower than the national average, and violent crime rates are even lower, making it one of the safest cities in the country. According to NeighborhoodScout.com, Prescott has a crime rate lower than 78% of all US cities. With such impressive statistics, residents of Prescott, Arizona, can feel extremely secure in their day-to-day lives.

What is there to do living in Prescott Arizona?

Living in Prescott, Arizona, you will always have things to do. The city is surrounded by natural beauty, including the Prescott National Forest and the Granite Dells, offering ample opportunities for hiking, biking, and rock climbing. Prescott boasts several parks, including Watson Lake Park and Thumb Butte Park, which feature picnic areas, fishing spots, and scenic walking trails. The city hosts several annual events, including the Prescott Frontier Days Rodeo, which attracts visitors from around the country, and the Prescott Bluegrass Festival, offering live music and entertainment. If you're looking for a day trip, Prescott is located near attractions like the Grand Canyon and Sedona. Whether you enjoy outdoor activities or cultural experiences, there is always something to do in Prescott, Arizona.

Who are the large employers in Prescott Arizona?

If living in Prescott, Arizona, some of the top employers include Yavapai Regional Medical Center, which employs over 2,000 workers, the Prescott Unified School District, which employs over 1,000 people, and Embry-Riddle Aeronautical University, which employs over 800 people. Other notable employers in Prescott include the City of Prescott, Yavapai College, and various manufacturing companies. With a diverse range of employers, residents of Prescott can find opportunities in healthcare, education, aviation, and more.

How is the healthcare in Prescott Arizona?

Living in Prescott, Arizona, puts you near the Yavapai Regional Medical Center, which is a level III trauma center and has 48 beds. This hospital would likely be able to provide you with most of your medical needs. If looking for a specialist and can't find them in the Prescott area, you're around 100 miles away from the Banner - University Medical Center Phoenix, which is the largest hospital in the state and has over 700 beds.

Is living in Prescott Arizona good for retirees?

If you're retired or thinking of retiring, Prescott, Arizona, can be a good choice for many reasons. The weather in Prescott is one of its primary attractions, with its mild, four-season climate providing an inviting environment for retirees seeking to escape extreme temperatures. The abundance of outdoor activities, such as golfing, hiking, and exploring nearby natural wonders like the Prescott National Forest, ensures retirees can maintain an active and fulfilling lifestyle. Taxes can be a big consideration, especially in retirement. Arizona does not tax Social Security benefits, the state's income tax rates are relatively moderate, and the sales tax isn't high, providing some financial relief for retirees. Property taxes can vary depending on the specific county in Arizona, but overall, property taxes in Arizona are fairly low. Prescott's pleasant weather, diverse recreational activities, and affordable tax policies make it an appealing destination for retirees seeking a comfortable and fulfilling retirement.

Is Prescott Arizona a good place to live?

Prescott, Arizona is a great place to live because of its mild climate, stunning natural beauty, and abundance of outdoor recreational activities. Additionally, the city offers a strong sense of community, a low crime rate, and a thriving downtown area with shops, restaurants, and cultural events.

I want to relocate to Prescott Arizona.  How do I make it happen?

You've come to the right spot if you're looking to move to Prescott Arizona.  There’s a lot of information on this website to help including some helpful links below. If you want to ask questions, try our Facebook Group > Moving to Arizona  where we have broad group of locals to answer any question you might have. If you’re looking to buy a home in the Prescott area, getting pre-approved for a mortgage should be your first step. For Mortgage Info, reach out to me. I would love to tell you more about what living in Prescott Arizona, is like as well as help with your mortgage if you decide to purchase a home.

Todd Davidson
Loan Originator  | NMLS ID 2003696
UMortgage | NMLS ID 1457759

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