Prescott Valley, Arizona Income Statistics

Prescott Valley Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.

  • D
    Prescott Valley Well below average

Source: Map AI Methodology

Income Statistics Overview

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Metric Prescott Valley Arizona Avg US Average
Median Household Income $72,408 $80,381 $80,455
Median Personal Income $52,149 $56,905 $60,758
Average Yearly Income Growth 6.8% 5.7% 4.8%
Six-Figure Earners 7.5% 12.5% 13.9%
$200k+ Households 5.6% 11.6% 13.2%

The median household income in Prescott Valley is about 10% lower than in Arizona. Income has been growing faster in Prescott Valley (6.8%/yr) than in Arizona (5.7%/yr).

About 7% of adults in Prescott Valley earn six figures ($100,000 or more) a year, lower than the Arizona average of 12%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Prescott Valley
United States

Median household income in Prescott Valley, Arizona grew by 68.7% from 2009 to 2024, reaching $72,408 in 2024. That's an average of about 6.8% per year.

Prescott Valley has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. The gap has narrowed from 16% in 2009 to 10% in 2024, the closest it has been.

Year Prescott Valley United States

Income Distribution in Prescott Valley

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Prescott Valley
United States

Income range calculator

About 5,603 households (30.5% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 18.8% of households in Prescott Valley had an income under $35,000 and 13.2% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Prescott Valley has a larger share of households earning $35,000 to $49,999 (17.0% vs 10.1%) and a smaller share earning $200,000 or more (5.6% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 466 2.5% 5.1%
$10,000 to $14,999 458 2.5% 3.5%
$15,000 to $24,999 1,268 6.9% 6.4%
$25,000 to $34,999 1,250 6.8% 6.7%
$35,000 to $49,999 3,123 17.0% 10.1%
$50,000 to $74,999 2,891 15.8% 15.5%
$75,000 to $99,999 3,288 17.9% 12.6%
$100,000 to $149,999 3,182 17.3% 17.4%
$150,000 to $199,999 1,385 7.6% 9.5%
$200,000 or more 1,035 5.6% 13.2%

Shares are of all 18,347 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).

Income Inequality and the Gender Pay Gap in Prescott Valley

Metric Prescott Valley Arizona Avg US Average
Gini Coefficient 0.500 0.548 0.552
Male Median Income $59,243 $65,388 $69,667
Female Median Income $49,420 $54,779 $56,850
Gender Pay Gap 16.6% 16.2% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Prescott Valley, it is 0.500, lower than Arizona's 0.548, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 20% more than women's income in Prescott Valley, Arizona. Over a 35-year career, a 20% wage gap accumulates to roughly $343,805 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Prescott Valley, Arizona has narrowed from about 25% to 17% in 2024. Over that period the gap was widest at 30% in 2010, and was narrowest at 5% in 2017. In dollar terms, the gap has widened by $1 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Prescott Valley Arizona Avg US Average
Unemployment Rate 3.3% 5.1% 5.2%
Working from Home 12.4% 18.4% 15.0%
Commute time (minutes) 20 22 22

Approximately 657 people are unemployed in Prescott Valley, Arizona.

The average commute time in Prescott Valley is 20 minutes, shorter than the 22 minutes in Arizona.

Unemployment Rate Over Time

Prescott Valley
United States

Since 2011, the unemployment rate in Prescott Valley, Arizona has fallen from 8.8% to 3.3% in 2024. Over that period the rate peaked at 10.4% in 2013.

Prescott Valley has crossed the U.S. unemployment rate 3 times since 2011, most recently dropping below it by 2020. In 2024 its rate was 2.0 points lower.

Year Prescott Valley United States

Prescott Valley, AZ Wealth Compared With Nearby Cities

How Prescott Valley, AZ compares with the 1 cities closest to it.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Prescott Valley, AZ 43,236 $72,408 #2/2 6.8%/yr #1/2 3.3% #1/2 0.500 #1/2
Prescott, AZ 40,453 $73,913 5.5%/yr 4.4% 0.524

Conclusion

Considering all these factors, Prescott Valley, Arizona has an overall wealth index grade of D, making it about on par with Arizona, and somewhat worse than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Prescott Valley, Arizona.

How Rich Is Prescott Valley, Arizona?

Prescott Valley has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $72,408, about 10% lower than the Arizona average of $80,381.

How fast is household income rising in Prescott Valley, Arizona?

Between 2009 and 2024, the median household income in Prescott Valley, Arizona rose 69%, from $42,928 to $72,408. Over the same years, income here outpaced Arizona as a whole: +69% against +60%.

What was the median household income in Prescott Valley in 2023?

In 2023, the median household income in Prescott Valley, Arizona was $69,448, up 6% from $65,511 in 2022. The Arizona median that year was $77,075.

What was the median household income in Prescott Valley in 2020?

In 2020, the median household income in Prescott Valley, Arizona was $52,973. By 2024 it had risen 37% to $72,408.

Is it hard to find a job in Prescott Valley, Arizona?

Unemployment in Prescott Valley, Arizona is only 3.3%, well below the Arizona rate of 5.1%, a sign of a tight labor market where employers compete for workers.

What is the Gini coefficient in Prescott Valley, Arizona?

The Gini coefficient in Prescott Valley is 0.500. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in Prescott Valley, Arizona?

Since 2009, the income gap between men and women in Prescott Valley, Arizona has narrowed from about 25% to 17% in 2024. Over that period the gap was widest at 30% in 2010, and was narrowest at 5% in 2017. In dollar terms, the gap has widened by $1 since 2009.

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