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Yavapai County, AZ

RANK #769 / 996  ·  POP 237,830  ·  AZ

PROJECTED GROWTH: -0.3%

Yavapai County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Yavapai County?

Yavapai County, Arizona, is often recognized for Prescott, its county seat, known for its historic downtown and as "Everybody's Hometown." The county, larger than several East Coast states, sits in central Arizona, approximately 90 miles north of Phoenix. Its diverse landscape transitions from Sonoran Desert to the Mogollon Rim and Coconino Plateau, offering varied scenery and a mild climate. Outdoor recreation is a significant draw, with over 450 miles of hiking and biking trails in Prescott National Forest, along with opportunities for fishing, boating, and kayaking in lakes like Watson, Willow, and Lynx. The region also features numerous county parks and protected natural areas.

Life in Yavapai County attracts a notable population of retirees, though it also includes families and remote workers. Commute options within the larger towns like Prescott and Prescott Valley are supported by microtransit services such as Yav Connect. Education is served by various school districts, including Prescott Unified and Humboldt Unified. The economy is driven by sectors like education and health services, and tourism, particularly wine tourism in the Verde Valley, plays a role. Recent economic developments include a focus on attracting manufacturing firms, with an emphasis on aerospace, advanced materials, and precision machining, supported by workforce development initiatives with institutions like Yavapai College.

[02] Market Snapshot

Housing Ratio
9.2x

Overvalued relative to economy

GDP Growth
+5.1%

Well above national median

Home Prices
-0.1%

Prices declining

Climate & Terrain
5.2

Favorable climate & terrain

Price/Rent
16x

Above national median (13x)

Housing looks overvalued at 9.2x — home prices are high relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Yavapai County U.S. National

The Numbers

DEMOGRAPHICS
Population
237,830
+1.73% YoY
Median Household Income
$62,430
Median Home Value
$354,300
-0.08% 12mo
Median Rent
$1,128
Average Annual Pay
$54,666
+5.9% YoY
Employment
71,540
+1.4% YoY
Income-to-Home-Value
0.1762
Less affordable than average
Migration Inflow
3.19%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$505,000
Days on Market
87
Slower market
Months of Supply
5.7
Buyer's market
Sale-to-List Ratio
97.6%
Negotiation room for buyers
Sold Above List
10.0%
Listings w/ Price Drops
23.6%
Building Permits (2024)
2,068
Single-Family Permits
1,836

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,433M
TOTAL
PROJECT AMOUNT STATUS
Agua Fria Solar, Storage and Gen-Tie Project
Longroad Energy
$528M Planned
Dugas Solar Farm
Longroad Energy (formerly Candela Renewables)
$450M Proposed
Draconis Interconnection Solar Project
Lightsource (BP)
$360M Proposed
Project 1874 Solar Farm
Unknown
$95M Approved

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +5.1% 84 percentile
Population Growth +1.7% 86 percentile
Income Growth +11.1% 91 percentile
Vacancy Rate 0.6% 86 percentile
Home Price Change -0.1% 30 percentile
Rent Growth +1.0% 20 percentile
Price/Rent 16x 27 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Yavapai County, AZ a good place to move to?

Yavapai County has a Boom Town Index score of 23/100, ranking #769 among 996 U.S. counties. With job growth at +1.4% and a median household income of $62,430, it faces some economic headwinds compared to faster-growing counties.

Is Yavapai County affordable?

The median home value in Yavapai County is $354,300 with median rent at $1,128/month. The income-to-home-value ratio is 0.1762, which is less affordable than the national average.

Is Yavapai County growing or shrinking?

Population growth: +1.7% year-over-year. Job growth: +1.4%. Home values changed -0.1% in the past 12 months.

Are people moving to Yavapai County?

Yes — 3.19% of Yavapai County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Tooele County, UT 33 Polk County, TX 33 Middlesex County, MA 33 Lexington County, SC 33 Angelina County, TX 33 Brazos County, TX 33 Benton County, WA 33 Tulare County, CA 33