Cost of Living in Prescott Valley, AZ
Population: 48,048 • 2026 Data
$70,793
Median Household Income
-9% vs national
$1,471
Median Monthly Rent
+9% vs national
$376,300
Median Home Value
+11% vs national
3.5%
Unemployment Rate
Housing in Prescott Valley
The median home value in Prescott Valley, AZ is $376,300. Monthly rent for a typical unit averages $1,471, while total monthly housing costs (including utilities and insurance) average $1,277.
Rent-to-income ratio: 24.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Prescott Valley, AZ is $70,793. The unemployment rate stands at 3.5%, with a labor force of 20,954 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.