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 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.
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.
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.
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.
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.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
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 4,278 inhabitants. According to the most recent Census, 96% of Prescott residents are White, 0% Black and 0% Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Prescott is the right fit for you, your one way commute time will average 24 minutes, which is about average when compared to the national commute time of 26 minutes.
If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a fulfilling experience if you are willing to get to know the area before actually living in Prescott, Wisconsin. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Prescott, AreaVibes has created a livability score using key metrics like crime, commute, employment, housing and more.
With a livability score of 70 out of 100, Prescott is ranked #6,162 in the United States and #220 in Wisconsin. If we take a closer look at each of the categories on their own, we see that Prescott ranks well for crime (A-), cost of living (B), education (B+), employment (A-) and housing (A-). The bad news for Prescott, there are some categories for which it does not score well, this includes: amenities (F).
Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Prescott gets top scores for their low violent crime rates of 92 crimes per 100,000 residents, which are significantly lower than the national average.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Prescott has an unemployment rate of 0.42% 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.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Prescott has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Prescott real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Prescott. Median real estate prices in Prescott come in at $194,100, which is 16.2% higher than the Wisconsin average. The home price to income ratio compares the median home prices to the median household income. In Prescott, the home price to income ratio is 2.9, which is 6.5% 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% |