4 Active Adult Communities in Prescott Area
High $100s–Mid $1Ms
No Age Restriction
Single Family, Attached, Condos
New and Resale Homes
Low $200s–High $4Ms
No Age Restriction
Single Family, Attached, Condos
New and Resale Homes
Prescott Valley, AZ
Mid $100s–Mid $200s
55+ Age Restriction
Resale Homes Only
Description & Overview
Prescott, Arizona is known as “Everybody’s Hometown,” because retirees often find something here that reminds them of where they grew up. For many, it is the historic Yavapai County courthouse, tree-lined plaza and surrounding shops in the downtown area. To others, it is the overall small-town charm and hospitality. People are friendly here, and you will notice it no matter where you are in the community.
Prescott has a population of over 40,000 people and when combined with the towns of Prescott Valley (7 miles east) and Chino Valley (16 miles north), the Tri-City area has an estimated population of 122,000.
Prescott is the center of the Prescott Metropolitan Area and Yavapai County, which has a estimated population of 212,635 residents, making Prescott the third-largest metropolitan area in Arizona, after Phoenix (4.2 million) and Tucson (1 million).
Prescott and the surrounding area offer an abundance of great reasons to make this your retirement destination. The area is a far cry from the lower desert regions of Phoenix and Tucson. Towering mountains and the largest stand of Ponderosa Pines in the world surround Prescott.
The architectural character of Prescott is more reminiscent of a Midwestern town than the typical Southwestern style towns in Arizona. A diverse array of housing options, plenty of recreational opportunities and an appealing small-town charm have wooed retirees for several decades. Prescott continually ranks among numerous notable “Top Places to Retire” lists in publications such as Money Magazine and others.
Retirement Real Estate & Active Adult Communities
There are a variety of retirement living options that include active adult retirement communities in Prescott, luxurious golf court resorts and beautiful homes near the heart of Prescott’s historic downtown. Prescott has many Victorian style homes in the older parts of the city that help it maintain a special charm that is unique to this community.
Unlike the larger retirement destinations of Phoenix and Tucson, Prescott does not have an abundance of large-scale active adult communities but there are several age-restricted active retirement communities in Prescott and the surrounding valley. Many retirees who move to the area choose one of the several magnificent master planned communities. Some of which are gated and include clubhouses, golf courses and planned social activity.
Housing prices tend to run somewhat higher than the national average. But like many areas around the country, the recent housing correction has made the area more affordable. On the national housing price index, Prescott was rated as 119.2 compared to the national average of 100. This means that home prices in Prescott average 19.2 percent more than the national average.
Climate & Geography
Prescott is known as Arizona’s mile high city due to its elevation of 5,368 feet above sea level. This elevation, scenic views, and surrounding Prescott National Forest will give you a feeling of living in the mountains. Prescott’s location provides it with a mild four-season climate. Due to the breezes coming off the adjacent Bradshaw Mountains, summer temperatures remain moderate, with daytime highs averaging in the 80s and nighttime lows in the 50s. Prescott’s winters are just as moderate with daytime temperatures generally in the 50s. The area receives an average annual snowfall of 25 inches. While the area’s springs may be a bit breezy at certain times, its autumns are beautiful.
Recreation, Social Activity & Culture
Prescott hosts annual events such as Frontier Day, The World’s Oldest Rodeo, the Bluegrass Festival, Earth Day, Tsunami on the Square, art festivals, A Cinco de Mayo celebration, Shakespeare Festival, Navajo Rug Auction, World Largest Gingerbread Village, Prescott Film Fest, Folk Art Fair, parades, the Acker Music Festival, the Cowboy Poets Gathering, the Prescott Highland Fames and several marathons and mountain bike races. Prescott is also known as Arizona’s Christmas City because of its annual electric parade after Thanksgiving and the Christmas Parade before the lighting of the courthouse plaza the first Saturday in December.
Prescott has unlimited opportunities for outdoor recreation from parks and lakes within the city limits to the 1.25-million acre Prescott National Forest surrounding the community. Backpacking, camping, hiking, mountain and street biking, golf, tennis, hunting, fishing, boating and swimming are favorite activities among Prescott’s retirement population. The city has an active Parks and Recreation Department, which manages some of the most beautiful natural and man-made parks in the Southwest.
A new Adult Center recently opened for active seniors which provides various organized activities. Prescott Public Library, known as "Prescotts Living Room," is a lively community center offering traditional and non-traditional library programs and services to residents of Yavapai County and beyond. Through the Yavapai Library Network, its online catalog offers access to over 1 million books, movies, audio books, magazines, electronic resources and more. Consult thousands of full text magazines and journals or learn a foreign language through the online research databases.
Thoroughbred and Quarter horse racing take place Thursday through Sunday from Memorial Day through Labor Day at Yavapai Downs. The Sundogs are a minor league hockey team in Prescott Valley. Their new arena also plays host to many cultural events throughout the year.
Cost of Living & Taxes
Prescott and the surrounding area have an overall cost of living index that is rated at 107.2, which is 7.2 percent above the national average of 100. The housing component of the composite index is 119.2, groceries are 103.4, transportation is 102.1, healthcare is 100.2 and utilities are 90.6.
People who move to Arizona will enjoy low property taxes, no taxes on groceries and prescription medications, and no estate taxes.
Healthcare & Education
Prescott has easy accessibility to some of the best medical care in Arizona. In addition to the full spectrum of health services provided through physicians, dentists, chiropractors, optometrists and many others, Prescott is home to the Yavapai Regional Medical Center West and the largest VA medical center in the region. On top of that, the city is near Yavapai Regional Medical Center East, the Del E. Webb Outpatient Center and Mountain Valley Rehabilitation Hospital — all in Prescott Valley.
The Prescott area offers numerous education institutions for 55 + residents. Retirees who are looking to further their education will be pleased with the myriad of options available to them. Yavapai College offers 4 campuses in the Tri-City area including the Prescott Campus, Prescott Valley Campus, Agribusiness and Science Technology Center in Chino Valley and Career & Technical Education Center. Yavapai College has partnered with Northern Arizona University and Old Dominion University to provide residents of all ages with a diverse curriculum.