Prescott, IA Employment - Median Household Income, Unemployment Rate

Prescott employment information

Index	Prescott	Iowa	National
Income per capita	$23,383	$28,872	$29,829
Median household income	$48,125	$54,570	$55,322
Median income owner occupied	$47,500	$66,527	$70,586
Median income renter occupied	$51,250	$30,828	$35,192
Median earnings male	$29,643	$37,409	$36,919
Median earnings female	$25,515	$25,115	$26,250
Unemployment rate	2.9%	3.1%	4.7%
Poverty level	8.8%	12.3%	15.1%

The Prescott, IA employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Prescott is $23,383, which is 19% lower than than the Iowa average and 22% lower than than the national average. The median household income is $48,125, which is 12% lower than than the Iowa average and 13% lower than than the national average. The unemployment rate in Prescott is 3%, which is 38% lower than than the national average. The poverty rate in Prescott is 9% which is 42% lower than than the national average.

am i middle class

$32,080$48,125$96,250

City

$36,376$54,570$109,140

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in Prescott is 22% lower than the national average.
The median household income in Prescott is 13% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Prescott is 38% lower than the national average.
The poverty level in Prescott is 42% lower than the national average.

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Compare Prescott, IA Employment To Other Cities

Employment status

Hours worked per week

Prescott median earnings by income bracket

Prescott employment by industry

Labour Type	Male	Female
Construction industry	12.9%	0.0%
Manufacturing sector	21.0%	11.3%
Financial & insurance services	0.0%	3.8%
Wholesale & retail services	8.1%	8.8%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	17.7%	3.8%
Education, health & social services	12.9%	51.3%
Other	27.4%	11.3%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Orient, IA	426	$47,625	14%
Corning, IA	1,598	$44,231	20%
Creston, IA	7,877	$43,137	22%
Diagonal, IA	319	$41,964	24%
Lenox, IA	1,424	$36,313	34%
Prescott, IA	250	$48,125	13%

Cities with similar population

City, State	Population	Household Income	National Avg.
Newtown CDP, PA	250	$53,125	4%
Foyil, OK	250	$31,667	43%
Davenport Center, NY	250	$0	100%
Kirbyville, MO	250	$31,875	42%
Walcott, ND	250	$70,000	27%
Prescott, IA	250	$48,125	13%

Source: The Prescott, IA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).