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Prescott, Iowa Demographics & Population 2026

During the 2020–2024 ACS period, Prescott, Iowa had a total population of 213, the 689th largest city in Iowa, with a median household income of $65,000, which is 13% lower than the state average. The poverty rate is 4.7%.

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

Key Takeaways

Prescott Quick Facts

Population 213
Median Household Income $65,000
Median Home Value $51,700
Poverty Rate 4.7%
Unemployment Rate 3.3%
Median Age 49.9 years
Homeownership Rate 80.8%
Affordability Ratio 0.8x
Bachelor's Degree or Higher 6.3%
High School Graduation Rate 99.4%
Diversity Index 10/100
Population 213 689th of 1,017
Median Income $65,000 average
Poverty Rate 4.7% 62% lower than national
Median Home Value $51,700 bottom 10%

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
Population248213-14.1%
Median household income$66,750$65,000-2.6%
Median home value$65,000$51,700-20.5%

How Prescott Compares

Economy & Housing

Household Income Distribution

Under $25K 9.6%
$25K-$50K 30.9%
$50K-$100K 25.5%
$100K+ 34.0%
Detailed income brackets
Under $10K
2.1%
$10K-$15K
2.1%
$15K-$20K
3.2%
$20K-$25K
2.1%
$25K-$30K
2.1%
$30K-$35K
4.3%
$35K-$40K
9.6%
$40K-$45K
3.2%
$45K-$50K
11.7%
$50K-$60K
6.4%
$60K-$75K
11.7%
$75K-$100K
7.4%
$100K-$125K
19.1%
$125K-$150K
5.3%
$150K-$200K
6.4%
$200K+
3.2%

Employment

3.3% Unemployment Rate State: 3.6%|National: 5.2%
69.1% Labor Force Participation

Housing Overview

Owner 80.8%
Renter 19.1%
Affordability Index Very Affordable
0.8x home value to income ratio
Median gross rent $950/mo 17.5% of median household income annually

People & Demographics

Diversity Index

10out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 31 | National average: 61

Education

Prescott Rankings in Iowa

#689 Population of 1,017
#516 Median Income of 948
#898 Education of 1,016
#909 Home Value of 947

Other Cities in Adams County

CityPopulationMedian IncomePovertyHome Value
Corning 1,567 $64,773 12.4% $96,400
Nodaway 73 $58,125 8.2% $48,800
Carbon 46 $48,750 30.4% N/A

Cities Similar to Prescott

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Aurora214$62,656$128,30018.2%11.7%
Linn Grove215$62,250$93,30033.1%9.3%
Joice207$66,250$96,90016.8%5.8%
Oakville204$63,750$77,5002.2%22.1%
Maurice206$68,750$169,80023.2%9.2%

A note before these figures: with a population of 213, Prescott's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Prescott is a small community located in Iowa, within Adams County. The total population is 213. It ranks as the 689th most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Prescott is 49.9 years. This is 29% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Prescott is $65,000. This is 13% lower than the state median of $75,059. It is also 19% lower than the national median of $80,734. The poverty rate stands at 4.7%. This is 58% lower than the state poverty rate of 11.1%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.3%. This is 9% lower than the state rate of 3.6%. The median home value is $51,700. Housing costs are 75% lower than the state median of $208,000. With a home-value-to-income ratio of just 0.8x, Prescott is one of the most affordable housing markets in the area. 80.8% of occupied housing units are owner-occupied. This homeownership rate is 13% higher than the state average of 71.7%.

Race & Ethnicity

Prescott has a predominantly White (non-Hispanic) population, comprising 94.8% of all residents. Hispanic or Latino residents account for 0.9%. The Hispanic or Latino population (0.9%) is well below the state average of 7.3%.

Education

6.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 80% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.4%.

Data Sources & Methodology

All demographic data for Prescott, Iowa 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 Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. 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, Iowa?

Prescott, Iowa has a population of 213 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Prescott, IA?

The median household income in Prescott is $65,000, which is 19% lower than the national median of $80,734.

What is the poverty rate in Prescott, IA?

The poverty rate in Prescott is 4.7%. This means approximately 10 residents live below the federal poverty line.

What is the racial makeup of Prescott, Iowa?

Prescott's population is 94.8% White, 0.0% Black, 0.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Prescott, IA?

The median home value in Prescott is $51,700. The home-value-to-income ratio is 0.8x.

How educated is Prescott, Iowa?

6.3% of adults (25+) in Prescott hold a bachelor's degree or higher, and 1.3% hold a graduate or professional degree.