Prescott Valley, Arizona


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 Prescott Valley Economic Profile

Prepared by the Arizona Department of Commerce

Prescott Valley, located between the Bradshaw and Mingus mountains, is one of Arizona's fastest growing communities, with a population increase from 8858 to 20000 since 1990. Nearby developments outside the town limits increase the population to 66,000 according to town officials.  Residents expect it to become a major city in the near future.  However town leaders say Prescott Valley will never lose its small town, friendly approach to people and business.

 

FOUNDED: 1966

COUNTY: Yavapai County

ELEVATION: 5100 Feet

INCORPORATED: Yes, 1978

HIGHWAYS: I-17, I-40,
SR 89,69, SR89A, SR169

DISTANCE TO PHOENIX: 87miles

DISTANCE TO TUCSON: 186 miles
Enterprise Zone Available

 
Population
 199020002004
Prescott Valley8,90423,53530,590
Yavapai County107,714167,517196,720
Arizona3,665,2285,130,6325,833,685
Sources: Arizona Dept of Economic Security & U.S. Census Bureau

 

Principal Economic Activities
The area's economy is comprised of industry, manufacturing, retail and service businesses. These businesses are growing.  A planned new downtown, regional shopping center and cross-town highway will offer new opportunities.  A state of the art sewage treatment plant, sewer system, natural gas and road project will take the community well into the 21st century.  Another long-range plan has been completed, which included a police facility, and civic center with a courtroom and library.
County Employment 2004
Educational & Health Srvs 8,100
Financial Activities 1,900
Government 10,600
Information 700
Leisure & Hospitality 7,400
Manufacturing 3,300
Mining & Construction 7,200
Other Services 1,900
Professional & Business Srvs 4,100
Trade, Transportation & Utilities 10,800
Source: Az. Dept of Economic Security and U.S. Census Bureau
 
Major Private Employers
AAE
Arizona Public Service
Prescott Newspapers
Ace Retail Support Center
 BetterBilt-Div.MI Home Products
Major Public Employers
Arizona Dept. of Transportation
Town of Prescott Valley
Humboldt Unified School District
 

 

 

Labor Force Data
 199020002004
Civilian Labor Force3,7776,00212,162
Unemployment153150308
Unemployment Rate4.1%2.5%2.5%
Sources: Arizona Department of Economic Security
 
Growth Indicators199020002004
New Building Permits1,0742,6581,902
Taxable Sales ($)$56m$229m$378m
Net Assessed Valuation ($)$29m$117m$183m
Sources: Ariz State Univ, Arizona Dept of Revenue, AZ Tax Research Foundation
 

 

Scenic Attractions
Prescott Valley offers many recreational opportunities, including Massick Family Castle on the Creek, Fitzmaurice Indian Ruins, 10 public parks, a community recreation center featuring a public swimming pool with a a100ft slide, Olympic-style soccer and softball fields & facilities for basketball, tennis and picnics, a 16-lane bowling alley and 4 nearby golf courses. Mtn. Valley Park's amphitheater has concerts and entertainment during the summer.  Castle Golf Family Fun Park offers a video arcade, miniature golf, batting cages a  miniature go-cart raceway and rides.  Fain Park and Prescott Natl Forest offer hiking, biking, backpacking, fishing and camping.  Nearby Fain Lake, Lynx Lake and Goldwater Lake are stocked with fish, & canoes or rowboat rental is available.  Meeting facilities will open in 2001.

 

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This page was last modified on Thursday August 10, 2006

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