Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Schools
The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Prescott, Wisconsin is a smaller city with a population of 4,364 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (96% White). Given that fact, Prescott could be considered less diverse than other cities. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Prescott your home, your one-way commute time will typically last around 24 minutes, a duration that aligns with the national average commute time of 26 minutes.
Living in Prescott can be a great experience for anyone moving to the area. Having said that, in the state of Wisconsin, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. To help you find the best places to live in and around Prescott, AreaVibes has created a livability score using key metrics like crime, education, employment, housing and more.
Prescott, WI receives 74 out of 100 for its livability score; this results in a ranking of #160 in Wisconsin and #4,471 in the USA. If we dig a little deeper into each category within the livability score, we see that Prescott has higher than average grades for the following: crime (A+), cost of living (A-), education (A-), employment (A-) and housing (A+). On a less positive note, Prescott does not have favorable ranks for the following: amenities (F). If we take a look at the data, we can find out why.
Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 88 crimes per 100,000 residents, Prescott has a violent crime rate that is far below the national average.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Prescott has an unemployment rate of 0.4% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Finding affordable real estate and housing in Prescott can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Prescott. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Prescott are affordable. The median home price for Prescott homes is $353,778, which is 17.5% higher than the Wisconsin average. If we take a closer look at the affordability of homes in Prescott, we’ll see that the home price to income ratio is 3.5, which is 5.4% lower than the Wisconsin average.
| Statistic | Prescott | Wisconsin | National |
| Average one way commute | 24min | 22min | 26min |
| Workers who drive to work | 86.8% | 80.7% | 76.4% |
| Workers who carpool | 6.0% | 8.3% | 9.3% |
| Workers who take public transit | 0.0% | 1.9% | 5.1% |
| Workers who bicycle | 0.0% | 0.8% | 0.6% |
| Workers who walk | 1.9% | 3.3% | 2.8% |
| Working from home | 5.2% | 4.2% | 4.6% |
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