Prescott Valley is a business-friendly environment offering low Transaction Privilege Tax rate (TPT) of 2.83%. The rate for the State and Yavapai County is 6.35%. The total figure is 9.18% for most business classes. The income tax is just 3.36%.
The Town of Prescott Valley has a 0% tax rate on real property and on resdiential or commercial real property. However, the rental of personal property (such as restaurant equipment or automobiles) is taxed at 2.83%.