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Prescott

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

Median Home$373,900
Median Rent$1,203/month
Population4,605
Leading IndustriesWholesale Trade · Retail · Finance & Insurance10% wholesale trade
Home Value Growth⬆⬆+12.3% over 2 years
Young Adults25% of residents
Homeowners77% of occupied units
NotableHighly Educated26% hold a bachelor's degree · top 16% nationally
NotableHigh Incomes$101k/year · top 17% nationally
Prescott
WI

Frequently Asked Questions

What are today's mortgage rates in Prescott?

As of today, the 30-year fixed mortgage rate for Prescott is approximately 6.891% (6.927% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Prescott?

The median home value in Prescott is $374k. The median monthly rent is $1,203. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Prescott?

Home values in Prescott have increased 12.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

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

Based on a typical all-in ownership cost of $1,426/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Prescott is $101k/year.

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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.