Who Should / Shouldn’t Move to Prescott

Prescott is a strong fit for retirees and lifestyle buyers wanting a genuine historic downtown, an established retiree community, and comparatively affordable high-country housing, and a reasonable fit for Embry-Riddle-affiliated students and families. It's a weaker fit for buyers wanting a younger, more age-diverse community or Sedona's more extreme luxury/tourism-driven identity.

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Best fit: retirees and lifestyle buyers wanting a genuine historic downtown and established retiree community

Prescott's clearest, best-documented case is for retirees and lifestyle buyers who specifically want a real historic Old West downtown (Whiskey Row), a genuine, large, established retiree community, strong local hospital access, and a mile-high climate genuinely milder than both Phoenix's heat and Flagstaff's snow -- all at a comparatively affordable price point relative to Sedona in this same batch.

Good fit: Embry-Riddle-affiliated students, faculty, and staff families

Anyone connected to Embry-Riddle Aeronautical University's Prescott campus as a student, faculty, or staff family has a real, genuine case here, benefiting from the university's growing enrollment and Prescott Unified's comparatively strong B+ school district rating for those with school-age children.

Weaker fit: buyers specifically wanting a younger, more age-diverse community

Given Prescott's real, extreme retiree population skew (~40% aged 65+), buyers specifically prioritizing a younger, more age-diverse community should weigh this directly -- Flagstaff's university-town character in this same batch may offer a more age-diverse alternative, albeit with its own tradeoffs (higher crime data, a currently-declining university enrollment trajectory).

Weaker fit: buyers wanting Sedona's extreme luxury/tourism-driven identity or red-rock scenery specifically

Buyers specifically drawn to Sedona's extreme luxury real estate, massive tourism economy, and iconic red-rock scenery should look there directly rather than expecting Prescott to match that specific profile -- Prescott's own real identity is historic Old West character and an established retiree community, a genuinely different market.

Key takeaways

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Last reviewed: 2026-08-24. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.