Prescott, MI Employment - Median Household Income, Unemployment Rate

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D

27%

Income/capita NAT. AVG.

9%

Household income NAT. AVG.

51%

Unemployment NAT. AVG.

Index	Prescott	Michigan	National
Income per capita	$32,746	$40,534	$44,883
Median household income	$73,803	$74,200	$81,333
Median income owner occupied	$72,722	$92,757	$106,172
Median income renter occupied	$0	$42,775	$52,080
Median earnings male	$27,754	$52,653	$54,343
Median earnings female	$61,284	$34,413	$38,439
Unemployment rate	7.4%	5.5%	4.9%
Poverty level	12.3%	16.3%	15.1%

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Homes For Sale In Prescott, MI

Silver Creek Dr

Skidway Lake, MI

5090 Brenda Dr

Prescott, MI

4187 Mills Rd

Prescott, MI

2162 Greenwood Rd

Prescott, MI

Key findings

The income per capita in Prescott is 27% lower than the national average
The median household income in Prescott is 9% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Prescott is 51% higher than the national average
The poverty level in Prescott is 19% lower than the national average

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am i middle class

$49,197 $73,803 $147,606

City

$49,461 $74,200 $148,400

State

$54,216 $81,333 $162,666

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.

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Prescott median earnings by income bracket

Prescott employment by industry

Labour Type	Male	Female
Construction industry	13.5%	13.5%
Manufacturing sector	16.2%	16.2%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	8.1%	8.1%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	16.2%	16.2%
Education, health & social services	5.4%	5.4%
Other	40.5%	40.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Twining, MI	220	$71,494	12.1%
Au Gres, MI	901	$62,268	23.4%
Omer, MI	265	$61,961	23.8%
Sterling, MI	526	$61,186	24.8%
Sand Lake, MI	1,343	$56,505	30.5%
Prescott, MI	266	$73,803	9.3%

Cities with similar population

City	Population	Household Income	National Avg.
Acampo, CA	266	$0	100.0%
Keene, CA	266	$132,995	63.5%
Yankee Hill, CA	266	$67,516	17.0%
Peetz, CO	266	$72,049	11.4%
Bovill, ID	266	$59,206	27.2%
Prescott, MI	266	$73,803	9.3%

Source: The Prescott, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.