- Motor Vehicle Registration – Registration $8.00; Air Quality $1.50; Title Fee $4.00; Total Registration: $13.50
- Vehicle License Tax – In addition to title and registration fees, Arizona assesses a vehicle license tax in lieu of a personal property tax on all vehicles registered in the State. This is based on the manufacturer’s based retail price for the vehicle, when new, less depreciation. The value of the vehicle is decreased 40% the first year and 15% each year thereafter. You will be charged a rate of $4.00 per $100.00 of the vehicle’s taxable value in any year. This will decrease to a minimum annual charge of $10.00. Required to have an Arizona Standardized Insurance Card.
Category: Why Prescott?
Prescott is becoming more and more popular as America’s ultimate retirement destination. This section explains why.
Taxes
- State Income Taxes – Tax rate is 10% to 32% of your Federal Income Tax; For more info, click here.
- Income Exemptions – Social Security benefits and up to $2,500 on federal, Arizona state and local government pensions are exempt.
- Property Tax – Real property is accessed at the range of 1% – 1.5% of market value of owner occupied property. This includes State, County, Community Colleges, City and Schools. Property Tax Calculator – Here is a link to an online tax calculator you can use to estimate your property tax in Prescott…
- Property Tax Calculator Click Here
- Corporate Income Tax – Flat tax of 6.968%. The minimum amount collected by Arizona Corporate Income Tax is $50.00
- Sales Tax – Arizona has a general sales tax of 5.6%. Yavapai County has a .75% sales tax, and the City of Prescott has a 2% sales tax, for a total sales tax of 8.35%
- Homestead Exemption – Those who are disabled or whose spouse died while residing in Arizona can receive an exemption of $3,000 off assessed value. TO qualify, the full cash value of one’s home must be less that $203,860.
- Estate Tax – None
Home Bargains
Prescott’s Climate
One of the biggest draws for Prescott is the weather. Here you don’t have to be miserable half the year to enjoy a low cost of living.
Quick Overview: Prescott has four true seasons (really 5 if you add the rainy season), and all of them are absolutely delightful… and none are very extreme.
Education
- Yavapai Community College is a public two-year institution offering both university transfer credits and occupation education.
- Prescott College is a four-year liberal arts college.
- Embry-Riddle Aeronautical is a four-year university offering bachelors degrees in the fields of aviation and engineering.
Health Facilities
- Yavapai Regional Medical Center has 136 beds and is fully accredited. If you are in a car accident and life-flighted out, the helicopters take you here. It is the best hospital in the local region, and it is five minutes from downtown Prescott. Two campuses are available – one in Prescott and one in Prescott Valley.
- Northern Arizona Veterans Administration Health Care System offers 25 beds, plus 120 beds for domiciliary care and a 90-bed nursing home care unit and long-term care facilities.
- There are several world-class medical complexes in nearby Phoenix for cancer treatment and the like.
Assisted living, nursing facilities, etc.
In-Between
Port O Progress
Fall 2020
Rainbows & Unicorns
One of the lesser known delights of Prescott is rainbows. Crazy amazing rainbows! Prescott area is Rainbow Central during Spring and late Summer. We’re not sure what brings them here… whether it’s the natural conditions or just the positive attitude of the place… but they are gorgeous!
Unicorns are more of a work in process.

