ZIP Code 86301

In ZIP code 86301, which covers Prescott, homes carry a median value of $515,400, yet the county-level effective property tax rate is just 0.41%. That combination yields an annual property tax bill of roughly $2,100, a figure households earning the median $72,652 can absorb without straining. Per-capita income sits at $42,098. Sales taxes, however, run 9.30% combined, adding cost to everyday purchases. The gap between high home values and low tax rates shapes this area's affordability story: ownership stays within reach for many earners, though day-to-day expenses carry their own weight.