Prescott, MI
270Residents
$57,885Median household income
$1,339/moMedian gross rent
$68,800Median home value
46.2Median age
4%Adults with a bachelor’s degree or higher
91%Homes lived in by their owners
1.2×Home value to household income
Median rent takes about 28% of the median household income in Prescott.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $54,000 a year. In Michigan that leaves roughly $3,606 a month after tax. See the full paycheck breakdown for $55,000.
Largest places in Michigan
All cities in Michigan · Highest-paying jobs in Michigan
Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.