[3] A post office called Prescott has been in operation since 1881.

According to the United States Census Bureau, the city has a total area of 0.40 square miles (1.04 km2), all of it land.

[7] At the 2010 census there were 318 people in 136 households, including 84 families, in the city.

The gender makeup of the city was 50.3% male and 49.7% female.

At the 2000 census, there were 314 people in 123 households, including 87 families, in the city.

Of the 123 households 36.6% had children under the age of 18 living with them, 54.5% were married couples living together, 11.4% had a female householder with no husband present, and 28.5% were non-families.

Males had a median income of $34,750 versus $23,250 for females.