Prescott Valley, located between the Bradshaw and Mingus mountains, is one of Northern Arizona's fastest growing communities. The town has seen a population increase from 17,500 to more than 42,000 since 1996. Prescott Valley is part of what is known as the quad-city region with a population estimated at 130,000. Despite the town's growth, town leaders say Prescott Valley will never lose its small town, friendly approach to people and business.

Principal Economic Activities

The area's economy is composed of industry, manufacturing, retail and service businesses. A strategically planned new downtown, regional shopping center and crosstown highway offer new development opportunities. Infrastructure improvements such as the sewer plant expansion, road widenings and water system upgrades will take the community well into the 21st century. Recent major community additions include a $61 million regional medical center and a $15 million regional rehabilitation hospital.

Scenic Attractions

Prescott Valley offers many recreational opportunities including the Massick Family's "Castle on the Creek," Fitzmaurice Indian Ruins, 10 public parks, a community recreation center featuring a public swimming pool with a 100-foot slide, Olympic-style soccer and softball fields and facilities for basketball, tennis and picnics. The town offers a 16-lane bowling alley and four nearby golf courses. Mountain Valley Park's amphitheater holds concerts and entertainment during the summer. Fain Park and Prescott National Forest offer hiking, biking, backpacking, fishing and camping. Nearby Fain Lake, Lynx Lake and Goldwater Lake are stocked with fish and boat rentals. The 6,000-seat Prescott Valley Events Center opened in 2006 and is the home to the Northern Arizona Suns basketball team. The Prescott Valley Events Center also plays host to high school state wrestling and basketball championships, professional rodeo bull riding, professional ice hockey and concerts by stars such as Willie Nelson, James Taylor and Miranda Lambert.

Community Facilities

The town of Prescott Valley offers a broad range of community facilities including a three-story library, 10 public parks, a community recreation center, Olympic-style soccer and softball fields, an amphitheater, basketball courts, tennis courts and picnic areas.

Basic Information

Founded 1966 Incorporated 1978
Elevation 5,100 ft. Location Yavapai County
     
Distance to major cities:
Phoenix 87 miles San Diego 385 miles
Tucson 186 miles Los Angeles 391 miles
Las Vegas 253 miles  

Population

2000 2010 2023 (est.)
Prescott Valley 23,535 38,839 47,998
Yavapai County 167,517 210,899 241,173
State of Arizona 5,130,632 6,401,569 7,285,370

Office of Economic Opportunity

Arizona Dept. of Revenue & Arizona Tax Research Foundation

SALES TAX / TRANSACTION PRIVILEGE TAX

Prescott Valley 2.83%
Yavapai County 0.75%
State 5.60%

Arizona Dept. of Revenue & Arizona Tax Research Foundation

Labor Force

2000 2010 2022
Civilian Labor Force 10,717 19,183 22,581
Unemployed 443 1,967 871
Unemployment Rate 4.1% 10.3% 3.9%

Office of Economic Opportunity

Workforce Education Attainment

Count Share
Less than high school 3,535 10.6%
High school or equivalent, no college 9,850 29.4%
Some college or Associate degree 12,740 38.0%
Bachelor’s degree or advanced degree 7,362 22.0%

American Community Survey

Industry (ranked by employment)

  Count Share
Education, health care & social assistance 4,471 24.3%
Retail trade 3,189 17.3%
Professional, scientific, & administrative services 2,152 11.7%
Arts, entertainment, food & recreation services 1,608 8.7%
Other services, except public administration 1,409 7.6%
Manufacturing 1,146 6.2%
Construction 1,092 5.9%
Public administration 986 5.4%
Finance, insurance & real estate 974 5.3%
Transportation, warehousing, & utilities 834 4.5%
Wholesale trade 271 1.5%
Information 212 1.2%
Agriculture, forestry, fishing, hunting, & mining 85 0.5%

American Community Survey

This profile was prepared by the Arizona Commerce Authority in cooperation with local sources. For further information, please contact:

Prescott Valley Economic Foundation
Mike R. Paredes
7120 E. Pav Way, Suite 106
Prescott Valley, AZ 86314
Phone: 928-775-0032
Email: [email protected]
Website: www.pvedf.com
Greater Prescott Regional
Economic Partnership

Ginger Johnson
7351 East Civic Circle, Suite 143
Prescott Valley, AZ 86314
Phone: 928-772-4883
Email: [email protected]
Website: www.gprepaz.com
Prescott Valley Chamber of
Commerce

Marnie Uhl
7120 Pav Way, Suite 102
Prescott Valley, AZ 86314
Phone: 928-772-8857
Email: [email protected]
Website: www.pvchamber.org
Arizona Commerce Authority
Statewide Economic Development Group
100 N. 7th Ave., Suite 400
Phoenix, AZ 85007
Phone: 602-845-1200
Email: [email protected]
Website: www.azcommerce.com



ACA has partnered with APS to provide you with Arizona Prospector, a free database to access available real estate opportunities in rural Arizona. Click here to access available properties in this community.