City profile · Michigan · Census ACS 2023

Prescott, MI

Population, income, housing, safety, climate and schools for Prescott - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

352
Residents
$55,673
Median income
$71,100
Median home
$989
Median rent (state)

Prescott - the verdict

Out of every US city with 1,000+ residents, Prescott places in the 28th percentile for household income. Source: Census ACS.

28th
percentile, household income
2nd
percentile, home value
19th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Prescott, MI

Census ACS 2023 estimates count 352 residents in Prescott, a small town within Michigan. The typical household in Prescott brings in $55,673 a year, below the median for U.S. cities on this measure, with a poverty rate of 17.3%. Home values in Prescott run a median of $71,100, and the median resident age is 44.8 years. About 8.3% of adults hold a bachelor's degree or higher, while 35.9% of working-age residents are in the labor force.

Living costs in Michigan run below the national norm: BEA Regional Price Parities 2024 puts Michigan at 96.2 on a 100-equals-national-average scale (Below Average). Statewide, HUD pegs Fair Market Rent for a two-bedroom unit at $989 monthly. EIA 2023 residential energy data puts Michigan's average monthly utility costs around $238 (state average). Natural-hazard exposure scores 37.0 out of 100 on FEMA's National Risk Index (Very Low).

Population

352 residents

Census ACS 2023 - Michigan

Median Household Income

$55,673 /yr

Poverty 17.3%

Cost of Living Index (state)

96.2 (US=100)

Below Average - BEA RPP 2024, Michigan average

How does Prescott compare to other US cities?

Prescott measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.

Household income 28% higher than other cities
Home value 2% pricier than other cities
Median rent 19% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Prescott against every qualifying US city; each in-state rank narrows that to Michigan only. Full formula and direction notes: methodology.

Michigan-relative analysis

Median Home Value places Prescott near the bottom of Michigan's cities

Among the 721 Michigan cities PlainCities tracks with reported median home value data, Prescott ranks #690 - the 4th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Prescott only against its own state's cities, not the full US field.

Median Household Income
#426 of 718
41st percentile in Michigan
Median Gross Rent
#555 of 727
23rd percentile in Michigan
Median Home Value
#690 of 721
4th percentile in Michigan
Poverty Rate
#112 of 727
84th percentile in Michigan
Bachelor's Degree or Higher
#649 of 727
10th percentile in Michigan

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Michigan only, not a livability score. See the methodology for the source and calculation.

28thIncome percentile

28th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Prescott's home value compares nationally

Median home value vs. every US city (population 1,000+)

$71,100 Among the most affordable more affordable than 98% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). This entry sits in this band. $75,000–$100,000: 1,086 US cities (7%). Above this entry. $100,000–$125,000: 1,516 US cities (10%). Above this entry. $125,000–$150,000: 1,170 US cities (8%). Above this entry. $150,000–$175,000: 1,278 US cities (8%). Above this entry. $175,000–$200,000: 1,229 US cities (8%). Above this entry. $200,000–$225,000: 1,035 US cities (7%). Above this entry. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Prescott $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Prescott, MI Prescott, MI's reported median household income shown against the U.S. national quintile-share pattern (not Prescott, MI-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Prescott, MI median $55,673/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Prescott, MI's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Prescott, MI. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 8.3%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 17.3%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 35.9%

Census ACS S2301, share of working-age residents in the labor force

Population
352
Median Income
$55,673
Median Home Value
$71,100
Median Age
44.8
Poverty Rate
17.3%
Labor force participation
35.9%
Bachelor's Degree+
8.3%

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
220 residents222 residents224 residents226 residents228 residents 202020212022202320242025 222 residents 227 residents ▲ +2.3%
Prescott's Census PEP population estimates, 2020–2025.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
71.4%
Carpool
7.1%
Public Transit
0.0%
Walk
11.2%
Work from Home
10.2%

Based on 98 workers 16 and over.

Monthly Utility Costs

State-average estimates for Michigan - EIA 2023 residential energy data

Electricity
$105
avg/month
Natural Gas
$85
avg/month
Water & Sewer
$48
avg/month
Total Utilities
$238
estimated/month

Estimates reflect Michigan state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Michigan state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Prescott sits in

Cost of Living Index
96.2
Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$989/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
37.0 / 100
Very Low
FEMA NRI composite score (county)

Similar Cities in Michigan

Horton Bay
352 people
Painesdale
353 people
Zeba
353 people
Jasper
358 people
Fife Lake
359 people
Leonard
359 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Prescott's 352 residents (Census ACS 5-Year 2023).

Bolingbroke, GA
352 people
Cutler, IL
352 people
Burnettsville, IN
352 people
Wheatland, IN
352 people
Farber, MO
352 people
Portage Des Sioux, MO
352 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Prescott's $55,673 (Census ACS 5-Year 2023, table B19013).

Valley Falls, SC
$55,671 median income
New York Mills, NY
$55,682 median income
Newell, PA
$55,682 median income
Schuylkill Haven, PA
$55,682 median income
McChord AFB, WA
$55,662 median income
Montgomery, AL
$55,687 median income

Race & Ethnicity Composition

Race and ethnicity - Prescott, MI Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Prescott, MI - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 96.6% ETHNICITY, Hispanic or Latino (any race) 3.7% White 96.6% Black or African American 0.0% Asian 0.0% American Indian 0.0% Native Hawaiian 0.0% Some other race 0.6% Two or more races 2.8% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Prescott compares to nearby Michigan cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Prescott (this city) 352 $55,673
Horton Bay 352 $76,833
Painesdale 353 $62,436
Zeba 353 $42,500
Census ACS 5-year FIPS MI OMB Bulletin 23-01

What do people ask about Prescott, MI?

What is the population of Prescott, MI? +

Prescott, MI has a population of 352 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Prescott, MI? +

Prescott households earn a median of $55,673 annually, based on Census ACS 2023 data.

What is the cost of living in Prescott? +

BEA does not publish a city-level cost-of-living figure for Prescott; the closest available measure is the Michigan state average, a cost of living index of 96.2 (U.S. average = 100), rated "Below Average" based on BEA Regional Price Parities 2024 data. Costs within Michigan vary by metro area.

What is the median home value in Prescott, MI? +

The median home value in Prescott is $71,100, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.