Census Bureau data for Prospect city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Prospect city
- What is the median household income in Prospect city?
- The median household income in Prospect city is $172,361 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Prospect city?
- The poverty rate in Prospect city is 2.3% (U.S. Census Bureau ACS 2023).
- What is the median home value in Prospect city?
- $494,000 (U.S. Census Bureau ACS 2023).
- What is the average rent in Prospect city?
- The median gross rent in Prospect city is $1,287 per month (U.S. Census Bureau ACS 2023).
- What percentage of Prospect city residents have a college degree?
- 71.4% of adults in Prospect city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
4,518
Median Income
$172,361
Median Home Value
$494,000
Poverty Rate
2.3%
Unemployment (ACS 2023)
4.5%
Median Age
55.0 yrs
Since 2019
Median Income:
+$26,850 (+18.5%)
Home Value:
+$105,700 (+27.2%)
Poverty Rate:
+1.8 pp (+360%)
Bachelor's+:
-3.6 pp (-4.8%)
Unemployment:
+2.8 pp (+164.7%)
Demographics
Total Population
4,518
Median Age
55.0
Female
52.1%
Race & Ethnicity
Hispanic or Latino 0.4%
White (non-Hisp.) 88.8%
Black 5.0%
Asian 4.6%
Two or More 1.6%
Asian Subgroups (% of total pop.)
Indian
3.4%
Japanese
0.3%
Korean
0.2%
Filipino
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$172,361
±$39,926
+$109,944 vs. state
Per Capita Income
$226,138
Median Family Income
$198,173
Poverty Rate
2.3%
-9.5 pp vs. state
Child Poverty Rate
0.0%
Working-Age Poverty Rate
—
SNAP Recipients
0.4%
Social Security Income
—
Retirement Income
36.7%
Household Income Distribution
< $10k
0.5%
$10–15k
1.6%
$15–25k
2.5%
$25–35k
1.5%
$35–50k
8.2%
$50–75k
10.2%
$75–100k
8.8%
$100–150k
13.5%
$150–200k
13.1%
$200k+
40.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
2,059
Owner-Occupied
92.0%
Renter-Occupied
8.0%
Vacancy Rate
5.0%
Median Home Value
$494,000
+$301,700 vs. state
Median Gross Rent
$1,287
Owner Cost Burden (30%+)
15.3%
Renter Cost Burden (30%+)
22.1%
Home Value Distribution
< $50k
1.5%
$50–100k
0.7%
$100–200k
1.9%
$200–300k
3.8%
$300–500k
43.3%
$500k–$1M
46.1%
$1M+
2.4%
Gross Rent Distribution
$1–1.5k
70.7%
$1.5–2k
11.4%
$2–2.5k
5.0%
$2.5–3.5k
12.9%
Vehicle Availability
No vehicle
0.4%
1 vehicle
23.7%
2 vehicles
55.8%
3+
20.2%
Housing Type
Single-fam. det.
79.0%
Single-fam. att.
11.9%
5–19 units
3.0%
20+ units
0.8%
Mobile home
0.3%
Housing Age
Pre-1940
0.9%
1970–1999
19.4%
2000–2009
8.3%
2010+
1.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
99.4%
Bachelor's or Higher
71.4%
+44.4 pp vs. state
Graduate Degree
35.1%
Some College / Associate
18.3%
Less Than High School
0.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
56.1%
Unemployment Rate
4.5%
-0.3 pp vs. state
Work from Home
19.3%
Self-Employed
12.1%
Government Workers
6.7%
Private For-Profit
80.6%
Industry
Prof. Services
22.2%
Edu/Health
20.5%
Finance
19.8%
Manufacturing
12.4%
Retail
8.8%
Arts/Entmt.
5.2%
Public Admin
3.8%
Wholesale
2.7%
Information
1.6%
Occupation
Management
66.4%
Sales
24.4%
Food Prep
6.3%
Construction
1.9%
Production
1.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
22.1 min
Drove Alone
68.4%
Carpool
11.7%
Public Transit
0.0%
Work from Home
19.3%
Walked
0.0%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
1,957
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
68.3%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
16.9%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
1.6%
5–9
5.8%
10–14
5.0%
15–19
4.9%
20–24
6.0%
25–34
1.9%
35–44
8.2%
45–54
16.2%
55–64
8.3%
65–74
8.1%
75–84
16.6%
85+
16.0%
Under 18: 16.5%
Working age (18–64): 83.5%
65 and over: 34.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
4.9%
Naturalized Citizen
64.0%
Speaks English Less Than Very Well
0.4%
Foreign-Born Origin
Asia
53.6%
Europe
25.2%
Africa
4.1%
Veterans & Disability
Veteran
5.3%
With a Disability
12.5%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.7%
Uninsured
1.3%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
94.9%
Has a Computer
97.7%
Same House 1 Year Ago
94.1%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023