Economy & Jobs — Prescott, Michigan

Income & Employment

Median Household Income (Census)$57,885
Estimated 2026~$63,400
Per Capita Income$19,716
Poverty Rate17.4%
Unemployment Rate14.2%
In Labor Force115

Top Industries

IndustryShare
Construction21.6%
Education Healthcare19.8%
Manufacturing17.2%

Local Businesses (County)

TypeCount
Full Service Restaurants26
Physician Offices24
Gas Stations15
Fast Food14
General Merchandise8
Beauty Salons8
Commercial Banks8
Law Offices8
Auto Repair7
Insurance Agencies7
Dental Offices6
Coffee Shops6
Grocery Stores5
Convenience Stores5
Chiropractors5
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.