What are the schools like in Prescott, IA?

School district data for Prescott is sourced from the National Center for Education Statistics (NCES).

What is the median household income in Prescott?

The median household income in Prescott, IA is $60,714 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 0.7%.

What is the weather like in Prescott, IA?

Prescott has an average high temperature of 31.4°F in January and 84.8°F in July. Annual precipitation averages 35.3 inches and annual snowfall averages 27.8 inches.

Prescott, IA Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Prescott, IA affordable or expensive?

Prescott's cost of living index is 86, where 100 represents the national average. This means Prescott is 14% less expensive than the average US city. The median home value is $52,500 and the median rent is $844 per month.

Q: What is the crime rate in Prescott, IA?

Prescott has a violent crime rate of 83.3 incidents per 100,000 residents and a property crime rate of 166.6 per 100,000. The national average violent crime rate is approximately 380 per 100,000.

Is Prescott, IA a Good Place to Live?

Prescott is a small town of 303 in Iowa, with a median household income of $60,714 and a 0.7% unemployment rate. Its cost of living index is 86 (US average = 100), which is 14% below the national average.

Strengths: Prescott stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Prescott is right for you depends on your priorities — the full breakdown is below.

All Prescott city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 85.7

Prescott's overall cost of living index is 85.7, where 100 represents the US national average. Living in Prescott costs roughly 14% less than the average American city.

Metric	Prescott, IA	National Avg
Median Home Value	$52,500	$244,900
Median Monthly Rent	$844	$1,163
Homeownership Rate	87.1%	65.9%
Median Household Income	$60,714	$74,755

Crime & Safety

Very Safe

Prescott's violent crime rate is 83.3 per 100,000 residents — 78% lower than the national average of ~380 per 100,000.

Violent Crime

83.3 /100k

Property Crime

166.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric	Prescott, IA	National Avg
School District	N/A	—
Elementary Schools	N/A	—
Middle Schools	N/A	—
High Schools	N/A	—
Student/Teacher Ratio	N/A	16:1
Bachelor's Degree or Higher	9.0%	35.4%
High School Diploma or Higher	99.5%	91.1%

Weather & Climate

Prescott sees average highs of 31.4°F in January and 84.8°F in July, with 35.3 inches of annual precipitation and 27.8 inches of snow per year.

Metric	Prescott, IA
Average High — January	31.4°F
Average High — July	84.8°F
Annual Precipitation	35.3"
Annual Snowfall	27.8"

Demographics

Metric	Prescott, IA	National Avg
Population	303	—
Median Age	42.5	38.9
Unemployment Rate	0.7%	3.7%
Avg Commute Time	20.3 min	26 min
White (non-Hispanic)	98.0%	59.3%
Black or African American	0.0%	13.6%
Hispanic or Latino	0.7%	18.9%
Asian	0.0%	6.3%
Under 18	27.7%	22.2%
65 and over	19.5%	16.8%

Nearby Cities

Corning, IA 7 mi Cromwell, IA 8 mi Kent, IA 9 mi Lenox, IA 10 mi Carbon, IA 11 mi

ZIP Codes in Prescott

Prescott, IA is covered by 1 ZIP code:

50859

Prescott vs Other Cities

Prescott, IA vs Corning, IA Prescott, IA vs Cromwell, IA Prescott, IA vs Kent, IA Prescott, IA vs Lenox, IA Prescott, IA vs Carbon, IA

Frequently Asked Questions

Is Prescott, IA affordable or expensive?

Prescott's cost of living index is 86, where 100 is the national average. That makes Prescott roughly 14% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $52,500 and median rent is $844/month.

What is the crime rate in Prescott, IA?

Prescott's violent crime rate is 83.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 166.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.

What are the schools like in Prescott?

School district information is sourced from NCES Common Core of Data.

Is Prescott, IA a good place to live?

Prescott, IA has a population of 303, a median household income of $60,714, and an unemployment rate of 0.7%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Prescott?

Prescott averages 31.4°F in January and 84.8°F in July. Annual rainfall is 35.3 inches with about 27.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What ZIP codes are in Prescott?

Prescott, IA is covered by 1 ZIP code: 50859.

What is the population of Prescott?

The population of Prescott, Iowa is 303 with a median age of 42.5. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Prescott?

Key numbers for living in Prescott: cost of living index 86 (100 = US average), median home $52,500, median household income $60,714, crime index 16 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Prescott side by side with your current city to see the trade-offs.