Money Magazine - 2006 Top 5 Best Places to Retire - Prescott Arizona
Prescott attracts retirees who enjoy being outdoors, with more than 6 golf courses, and the Prescott National Forest, which offers 450 miles of trails among acres of ponderosa pine. There are outdoor events on the lawn of Courthouse Plaza; saloon-style bars and restaurants that line historic Whiskey Row; and plays at the Prescott Fine Arts Association. Other pluses: three hospitals, a recently expanded library and a new adult center opening this fall. Housing prices are on the high side, but property taxes are relatively low and seniors enjoy some state breaks.
BusinessWeek Magazine"s Annual Retirement Guide 2004
The guide includes Prescott in it's top five list of "Mountain Recreation Havens." The article sites Historic Prescott's abundance of hiking and biking trails, pristine mountain lakes, nightlife, year-around activities and other factors placing Prescott among the top five.
Prescott Arizona Weather
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Month
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Average
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Record
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Percipitation
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JAN
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23 to 51
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-21 to 73
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1.58"
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FEB
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26 to 54
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-12 to 77
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1.87"
|
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MAR
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30 to 58
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2 to 81
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1.91"
|
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APR
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35 to 65
|
11 to 87
|
.76"
|
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MAY
|
43 to 74
|
5 to 97
|
.64"
|
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JUN
|
51 to 85
|
25 to 103
|
.40"
|
|
JUL
|
51 to 85
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34 to 105
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2.87"
|
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AUG
|
57 to 86
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32 to 102
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3.28"
|
|
SEP
|
50 to 81
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26 to 98
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2.07"
|
|
OCT
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39 to 71
|
13 to 92
|
1.28"
|
|
NOV
|
29 to 60
|
-1 to 83
|
1.25"
|
|
DEC
|
23 to 52
|
-9 to 78
|
1.28"
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Prescott Arizona Taxes
State Income Tax
If your income range is between $0 and $10,000, your tax rate on every dollar of income earned is 2.59%.
If your income range is between $10,001 and $25,000, your tax rate on every dollar of income earned is 2.88%.
If your income range is between $25,001 and $50,000, your tax rate on every dollar of income earned is 3.36%.
If your income range is between $50,001 and $150,000, your tax rate on every dollar of income earned is 4.24%.
If your income range is $150,001 and over, your tax rate on every dollar of income earned is 4.54%.
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%
Property Taxes
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.
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.
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John McFarland Broker/Owner
BuyerSide Realty in Prescott Arizona
Member of
Member Prescott Area Association Of Realtors®
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Buyer Agency