Prescott, Arizona – Retirement Guide

Prescott, Arizona   Retirement Guide

Perhaps the darling of Arizona’s best retirement towns, Prescott continually ranks high on lists of best places to retire — and with good reason. Set high in north-central Arizona’s mountains (elev. 5,400 feet) about 100 miles north of Phoenix, Prescott has 4 distinct seasons, though temperatures only drop to an average 50 degrees F in winter, and reach an average 89 degrees F in summer, offering a comfortable, year-round climate.

The town offers a unique Western appeal, and is steeped in colorful history, evident on Whisky Row, a one-time red light district with a fabled past, and annual events like the Frontier Days festival and The World’s Oldest Rodeo. The town features more than 800 homes on the National Register of Historic Places, and active retirees can revel in numerous celebrations, including a Bluegrass Festival, Tsunami on the Square arts festival, film festival, Cinco de Mayo festival and a Navajo rug auction. Outdoor lovers can take advantage of Prescott’s proximity to 1.25 million acre Prescott National Forest’s 650 miles of trails, as well as 4 nearby golf courses.

Along with the towns of Prescott Valley, Chino Valley and Dewey-Humboldt, Prescott and its environs have been coined, “Quad City.”

Pros: Proximity to National Forest trails, 4 golf courses; ample arts and culture events throughout the year
Con: Prescott’s high elevation isn’t suitable for people with serious heart or lung conditions

At a Glance:
Best For: Outdoors lovers
Population: 39,984
Cost of Living: 5.7% lower than national average
Median Home Cost: $ 240,000
Unemployment: 9%
Top State Income Tax: 4.54%
Crime Rate: 15.5% lower than national average

Nearly 20 retirement communities dot the region, offering a variety of amenities, and solidifying Prescott as a popular retirement town. Yavapai Regional Medical Center is also located directly in Prescott. Though the town’s cost of living is over 7% higher than the national average, home prices have been dropping, making it an affordable option.

Continuing education opportunities also exist for folks in Prescott interested in learning. The town is home to Prescott College, a small liberal arts college, and Yavapai College, which offers more than 200 classes annually through its lifelong learning program.

Top Retirement Cities in Arizona:  Lake Havasu City Mesa | Prescott | Tucson

Photo by tombothetominator via Flickr. All statistics were up to date as of publication. See these sources for the most current data.