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Prescott Valley

Learn about the people, housing, costs and businesses in Prescott Valley, Arizona

Median Home$389,730
Median Rent$1,565/month
Population48,956
Leading IndustriesPublic Administration · Education · Arts, Food & Hospitality26% public administration
Home Value Growth⬆⬆+11.1% over 2 years
Retirees33% of residentstop 4% nationally
Homeowners73% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Prescott Valley
AZ

Frequently Asked Questions

What are today's mortgage rates in Prescott Valley?

As of today, the 30-year fixed mortgage rate for Prescott Valley is approximately 6.831% (6.864% 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 Valley?

The median home value in Prescott Valley is $390k. The median monthly rent is $1,565. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Prescott Valley?

Home values in Prescott Valley have increased 11.1% 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 Valley?

Based on a typical all-in ownership cost of $1,263/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Prescott Valley is $74k/year.

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What industries drive the economy in Prescott Valley?

The largest employment sectors in Prescott Valley are public administration (26%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.