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Prescott, Arkansas Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

During the 2020–2024 ACS period, Prescott, Arkansas had a total population of 3,032, the 109th largest city in Arkansas, with a median household income of $48,307, which is 21% lower than the state average. The poverty rate is 20.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Prescott Quick Facts

Population 3,032
Median Household Income $48,307
Median Home Value $82,400
Poverty Rate 20.9%
Unemployment Rate 0.0%
Median Age 35.6 years
Homeownership Rate 55.0%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 17.3%
High School Graduation Rate 95.0%
Diversity Index 58/100
Population 3,032 109th of 614
Median Income $48,307 average
Poverty Rate 20.9% 68% higher than national
Median Home Value $82,400 bottom 30%

How Prescott Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,0633,032-1.0%
Median household income$29,403$48,307+64.3%
Median home value$95,100$82,400-13.4%

How Prescott Compares

Economy & Housing

Household Income Distribution

Under $25K 26.0%
$25K-$50K 31.6%
$50K-$100K 35.0%
$100K+ 7.5%
Detailed income brackets
Under $10K
4.6%
$10K-$15K
10.8%
$15K-$20K
10.6%
$20K-$25K
0.0%
$25K-$30K
1.7%
$30K-$35K
9.6%
$35K-$40K
2.8%
$40K-$45K
6.4%
$45K-$50K
11.1%
$50K-$60K
7.6%
$60K-$75K
15.1%
$75K-$100K
12.3%
$100K-$125K
3.4%
$125K-$150K
0.0%
$150K-$200K
3.3%
$200K+
0.8%

Employment

0.0% Unemployment Rate State: 4.9%|National: 5.2%
59.7% Labor Force Participation

Housing Overview

Owner 55.0%
Renter 45.0%
Affordability Index Very Affordable
1.7x home value to income ratio
Median gross rent $887/mo 22.0% of median household income annually

People & Demographics

Diversity Index

58out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 51 | National average: 61

Education

Prescott Rankings in Arkansas

#109 Population of 614
#278 Median Income of 526
#217 Education of 614
#406 Home Value of 524

Other Cities in Nevada County

CityPopulationMedian IncomePovertyHome Value
Rosston 391 $72,097 27.4% $37,100
Willisville 246 $52,328 4.5% N/A
Bluff City 222 $59,688 17.6% $93,800
Bodcaw 177 $70,625 4.0% $99,100
Cale 86 N/A 8.1% N/A

Cities Similar to Prescott

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
DeWitt2,933$47,798$75,7007.2%25.9%
Green Forest3,112$49,918$143,20010.3%10.2%
Corning3,134$50,408$89,50022.3%14.8%
Paris3,284$51,416$123,20018.4%18.9%
Little Flock3,056$60,878$467,60034.6%13.2%

Population Overview

Prescott is a small community located in Arkansas, within Nevada County. The total population is 3,032. It ranks as the 109th most populous out of 614 Census-designated places in Arkansas.

Age Demographics

The median age in Prescott is 35.6 years. This is 8% lower than the state median of 38.5 years.

Economy, Income & Housing

The median household income in Prescott is $48,307. This is 21% lower than the state median of $60,773. It is also 40% lower than the national median of $80,734. The poverty rate stands at 20.9%. This is 30% higher than the state poverty rate of 16.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The survey records no unemployed residents in Prescott, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $82,400. Housing costs are 56% lower than the state median of $188,000. With a home-value-to-income ratio of just 1.7x, Prescott is one of the most affordable housing markets in the area. 55.0% of occupied housing units are owner-occupied. This homeownership rate is 17% lower than the state average of 66.4%.

Race & Ethnicity

The largest racial or ethnic group in Prescott is Black or African American, making up 47.3% of the population. White (non-Hispanic) residents account for 43.6%. The Black or African American population is significantly higher than the state average (47.3% vs 14.6%).

Education

17.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 33% lower than the state rate of 25.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.0%.

Data Sources & Methodology

All demographic data for Prescott, Arkansas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Arkansas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 614 Census-designated places in Arkansas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Prescott, Arkansas?

Prescott, Arkansas has a population of 3,032 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Prescott, AR?

The median household income in Prescott is $48,307, which is 40% lower than the national median of $80,734.

What is the poverty rate in Prescott, AR?

The poverty rate in Prescott is 20.9%. This means approximately 599 residents live below the federal poverty line.

What is the racial makeup of Prescott, Arkansas?

Prescott's population is 43.6% White, 47.3% Black, 8.5% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Prescott, AR?

The median home value in Prescott is $82,400. The home-value-to-income ratio is 1.7x.

How educated is Prescott, Arkansas?

17.3% of adults (25+) in Prescott hold a bachelor's degree or higher, and 2.2% hold a graduate or professional degree.