Salary & Cost of Living in Prescott Valley, AZ
Prescott Valley, AZ: $55,937 median salary, cost of living index 100.9, $14.35/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$55,937
$27/hr
Cost of Living
100.9
US avg = 100
Minimum Wage
$14.35
per hour
Unemployment
2.8%
rate
Prescott Valley, AZ Overview
Population
46,515
Median Salary
$55,937
Average Salary
$62,649
Avg Commute
19 min
Median Home Price
$332,000
Median Rent
$1,351/mo
Job Growth
+2.8%
Sales Tax
5.6%
Prescott Valley is located in Arizona with a population of 46,515. The median household salary is $55,937 per year ($27/hour), which is $3,447 below the national median of $59,384. The average commute time is 19 minutes, and the city has a job growth rate of +2.8%.
Prescott Valley Salary by Experience Level (2026)
Wage distribution in Prescott Valley, AZ based on BLS percentile breakdown of the $55,937 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $34,681 | $16.67/hr | 0–2 years |
| Mid-Level (Median) | $55,937 | $26.89/hr | 3–7 years |
| Senior-Level | $79,431 | $38.18/hr | 8–15 years |
| Top 10% (90th Percentile) | $99,568 | $47.86/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Prescott Valley Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Prescott Valley, AZ, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$45,585
$3,798.79/month · $1,753.29/biweekly · Effective Rate: 18.5%
Gross Pay
$55,937
Federal Tax
-$4,674
State Tax
-$1,398
Local Tax
$0
FICA
-$4,279
Net Pay
$45,585
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,661.42 | $55,937.00 |
| Federal Income Tax | -$389.50 | -$4,673.94 |
| Arizona State Tax (2.5%) | -$116.54 | -$1,398.43 |
| Social Security (6.2%) | -$289.01 | -$3,468.09 |
| Medicare (1.45%) | -$67.59 | -$811.09 |
| Net Take-Home Pay | $3,798.79 | $45,585.45 |
Salary Comparison: Prescott Valley vs Other Cities
See how Prescott Valley's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Prescott Valley, AZ | $55,937 | 100.9 | $55,438 |
| National Average | $59,384 | 100 | $59,384 |
| Largo, FL | $55,927 | 104 | $53,776 |
| Cottonwood Heights, UT | $55,912 | 92 | $60,774 |
| Lauderhill, FL | $55,906 | 98.1 | $56,989 |
| Huntley, IL | $55,903 | 90.7 | $61,635 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Prescott Valley
Prescott Valley's cost of living index is 100.9 (national average = 100). Living in Prescott Valley is 0.9000000000000057% more expensive than the national average.
Median Home Price
$332,000
Median Monthly Rent
$1,351
Annual Rent Cost
$16,212
Your Salary's Purchasing Power
Your $45,585 annual take-home pay in Prescott Valley has the purchasing power of approximately $45,179 in an average-cost US area. You would need to earn $56,440 in Prescott Valley to match a $55,937 salary in an average-cost city.
Top Industries in Prescott Valley
Prescott Valley's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $55,937.
Salary Tips for Prescott Valley Workers
- Research top industries. Prescott Valley's top industries include Technology, Healthcare, Tourism. Targeting roles in these sectors can help you earn above the $55,937 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Methodology & Local Economy Data Sources
How we calculate Prescott Valley salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Prescott Valley-AZ metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Prescott Valley indexed at 100.9.
- Median salary calculation: weighted average of Prescott Valley's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $55,937 annual median.
- Tax burden reflects Arizona state income tax (2.5%) (no local income tax), sales tax (5.6%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Prescott Valley: 2.8%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Technology, Healthcare, Tourism — based on QCEW employment concentration data.
- Job growth: 2.8% projected through 2034, derived from BLS Employment Projections program for Arizona.
- Housing context: median home price $332,000, median rent $1,351/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Prescott Valley, AZ:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — Prescott Valley unemployment rate
- U.S. Census Bureau — Prescott Valley QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — Arizona — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Prescott Valley's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Arizona labor market reports for the most current figures.
Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases
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Frequently Asked Questions
What is the median salary in Prescott Valley, AZ?
The median salary in Prescott Valley, AZ is $55,937 per year, or $27 per hour. The average salary is $62,649. This is $3,447 below the national median of $59,384.
What is the cost of living in Prescott Valley, AZ?
Prescott Valley's cost of living index is 100.9 (national average = 100), meaning it is 0.9000000000000057% more expensive compared to the national average. The median home price is $332,000 and the median monthly rent is $1,351.
What are the best industries in Prescott Valley?
The top industries in Prescott Valley, AZ include Technology, Healthcare, Tourism. The city has a job growth rate of 2.8% and an unemployment rate of 2.8%. Workers in these industries often earn above the city's median salary of $55,937.
How does Prescott Valley's salary compare to other cities?
Prescott Valley's median salary of $55,937 is 5.8% below the national median of $59,384. However, when adjusted for cost of living (index: 100.9), the real purchasing power is approximately $55,438.
What is the minimum wage in Prescott Valley, AZ?
The minimum wage in Prescott Valley, AZ is $14.35 per hour. This equals approximately $29,848 per year for a full-time worker (40 hours/week). This is $7.10 above the federal minimum wage of $7.25/hour.