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Prospect borough, Pennsylvania

City

Population: 1,104 (2023 estimate)

Located in Pennsylvania , Pennsylvania

Census Bureau data for Prospect borough 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.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Prospect borough

What is the median household income in Prospect borough?
The median household income in Prospect borough is $81,042 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Prospect borough?
The poverty rate in Prospect borough is 4.0% (U.S. Census Bureau ACS 2023).
What is the median home value in Prospect borough?
$170,600 (U.S. Census Bureau ACS 2023).
What is the average rent in Prospect borough?
The median gross rent in Prospect borough is $885 per month (U.S. Census Bureau ACS 2023).
What percentage of Prospect borough residents have a college degree?
19.8% of adults in Prospect borough hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
1,104
Median Income
$81,042
Median Home Value
$170,600
Poverty Rate
4.0%
Unemployment (ACS 2023)
5.8%
Median Age
45.0 yrs
Since 2019 Median Income: +$24,245 (+42.7%) Home Value: +$33,100 (+24.1%) Poverty Rate: -3.9 pp (-49.4%) Bachelor's+: -1.6 pp (-7.5%) Unemployment: -2.0 pp (-25.6%)

Demographics

Total Population 1,104
Median Age 45.0
Female 56.4%
Race & Ethnicity
Hispanic or Latino 0.5% White (non-Hisp.) 96.2% Asian 0.8% Two or More 2.9%
Asian Subgroups (% of total pop.)
Indian
0.5%
Korean
0.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $81,042 ±$12,124
+$4,961 vs. state
Per Capita Income $97,387
Median Family Income $93,750
Poverty Rate 4.0%
-4.1 pp vs. state
Child Poverty Rate 7.6%
Working-Age Poverty Rate —
SNAP Recipients 6.8%
Social Security Income —
Retirement Income 30.1%
Household Income Distribution
< $10k
1.5%
$10–15k
2.0%
$15–25k
5.6%
$25–35k
6.3%
$35–50k
9.6%
$50–75k
19.2%
$75–100k
16.7%
$100–150k
22.5%
$150–200k
11.1%
$200k+
5.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 456
Owner-Occupied 90.7%
Renter-Occupied 9.3%
Vacancy Rate 13.2%
Median Home Value $170,600
-$69,900 vs. state
Median Gross Rent $885
Owner Cost Burden (30%+) 9.1%
Renter Cost Burden (30%+) 23.5%
Home Value Distribution
< $50k
15.9%
$50–100k
9.5%
$100–200k
17.5%
$200–300k
18.7%
$300–500k
15.6%
$500k–$1M
5.6%
$1M+
1.7%
Vehicle Availability
No vehicle
6.1%
1 vehicle
22.5%
2 vehicles
34.8%
3+
36.6%
Housing Type
Single-fam. det.
73.9%
Single-fam. att.
2.9%
Mobile home
20.8%
Housing Age
Pre-1940
13.4%
1940–1969
5.9%
1970–1999
9.9%
2000–2009
14.5%
2010+
5.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 97.6%
Bachelor's or Higher 19.8%
-14.7 pp vs. state
Graduate Degree 5.9%
Some College / Associate 16.2%
Less Than High School 0.9%
Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 56.8%
Unemployment Rate 5.8%
+0.6 pp vs. state
Work from Home 9.8%
Self-Employed 5.1%
Government Workers 6.7%
Private For-Profit 87.7%
Industry
Edu/Health
21.8%
Construction
18.0%
Manufacturing
12.1%
Arts/Entmt.
10.7%
Finance
8.3%
Transportation
7.9%
Retail
6.1%
Prof. Services
4.4%
Wholesale
2.4%
Public Admin
2.2%
Agriculture
1.8%
Information
1.6%
Occupation
Management
34.1%
Sales
23.6%
Food Prep
19.0%
Production
13.7%
Construction
9.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 29.0 min
Drove Alone 77.1%
Carpool 9.8%
Public Transit 0.0%
Work from Home 9.8%
Walked 0.0%
Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 396
Avg. Household Size 2.00
Avg. Family Size —
Married-Couple Households 67.2%
Single-Mother Households —
Single-Father Households —
Living Alone —
Households with Children 23.7%
Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
3.0%
5–9
3.4%
10–14
7.2%
15–19
6.6%
20–24
7.6%
25–34
9.0%
35–44
12.0%
45–54
17.2%
55–64
5.2%
65–74
10.7%
75–84
13.7%
85+
2.5%
Under 18: 17.3% Working age (18–64): 82.7% 65 and over: 18.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 1.2%
Naturalized Citizen 84.6%
Speaks English Less Than Very Well 0.0%
Foreign-Born Origin
Asia
69.2%
Latin America
15.4%

Veterans & Disability

Veteran 8.9%
With a Disability 13.9%
Cognitive Difficulty —
Ambulatory Difficulty —

Health Insurance

Insured 91.4%
Uninsured 8.6%
Employer Insurance —
Medicaid —
Medicare —

Technology & Mobility

Broadband Internet 91.7%
Has a Computer 94.2%
Same House 1 Year Ago 92.9%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Compare Prospect borough

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Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured