Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Prescott

Learn about the people, housing, costs and businesses in Prescott, Arkansas

Median Home$82,500
Median Rent$887/month
Population2,967
Leading IndustryRetail15% of local workforce
Young Adults27% of residentsnear the national average
Homeowners66% of occupied units
Prescott
AR

Frequently Asked Questions

What are today's mortgage rates in Prescott?

As of today, the 30-year fixed mortgage rate for Prescott is approximately 6.967% (7.006% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Prescott
What is the median home price in Prescott?

The median home value in Prescott is $83k. The median monthly rent is $887. Annual property taxes average $482. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Prescott?

Based on a typical all-in ownership cost of $810/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Prescott is $51k/year.

Calculate your buying power
What industries drive the economy in Prescott?

The largest employment sectors in Prescott are public administration (24%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.