Prescott Arizona Business Directory

Prescott Arizona Demographics

In 2012 the U.S. Census estimated the population at over 40,000 residents. In the Quad-Cities area (Prescott, Prescott Valley, Chino Valley and Dewey-Humboldt) the population is apx. 103,000. Prescott is the county seat of Yavapai County which has an estimated population of 211,000. Arizona as a whole had an estimated population of 6.6 million in 2013.

Prescott Residents

Population

Prescott Population: 40,308 people

Median Age: 54

Gender Distribution:
Male: 49.2%
Female: 50.8%

Race: 87% White, 9% Hispanic or Latino, Two or more races 2%, Asian 1%, and 1% American Indian

Households and families

In 2010 there were over 22,000 households in Prescott with an average of just 2.03 people per household. Not surprising since Prescott is a retirement community. Average age is over 60 in 57% of households. Just 16% of households have children under the age of 18.

Education

In 2011, 92 percent of people 25 years and over had at least graduated from high school and 35 percent had a bachelor's degree or higher.

There are plenty of opportunities for higher education in the area including Yavapai College, Northern Arizona University, Prescott College and Embry-Riddle Aeronautical University.

Business Climate

Prescott and nearby Prescott Valley is the hub for trade in the region. In 2007 there were over 6,000 businesses in Prescott with over 25% of those firms Women owned.

Retail sales dominate the market with retail sales per capita at $29,189 in 2007. That number is over two times the state average.

Largest Employers

Medical facilities are one of the areas largest employers

Government and medical industries dominate the largest employers in the area including Yavapai County Government, Yavapai Regional Medical Center and the Veterans Administration Medical Center/VA Hospital (over 5,000 Veterans live in Prescott). Educational institutions also employ many in the area including the Prescott Unified School District, Yavapai College and Embry-Riddle Aeronautical University. Sturm Ruger & Co. firearms manufacturer is headquarters in Prescott as well. The construction industry in the area is making a comeback after a slowdown from 2008-2012 with new home construction once again booming.



Transportation

Arizona's 2nd or 4th busiest airport (depending on the source) is located in Prescott. AZ State Route 69 leads to Interstate 17 37 miles to the Southeast, while Interstate 40 is 50 miles North, via U.S. Route 89. Both UPS and FedEx provide service to the area with local facilities.

Climate

At an elevation of over 5,000 feet, Prescott has a wonderfully mild Four season climate with bountiful sunshine 300 days a year. Mild winters with an average daytime high of 55 degrees result in the occasional light snow melting quickly, often before Noon the next day. Winter low temperatures average 30 degrees, though in recent years the days below freezing have been minimal. Spring comes early to the area yielding to a summer with an average high in the mid to upper 80's. Because of the desert climate, even summer nights tend to cool down with an average low during the summer of 55 degrees. Record high was 105 degrees in 1925, and the record low was -21 degrees in 1937. August is typically the month with the most rain when Monsoon winds often bring moisture from the Gulf of Mexico into the area with an afternoon rain. Mountains surround the area and provide beauty and plentiful recreational opportunities, including hiking, kayaking and mountain biking.

Kayaking at the Dells in Prescott