Prospect, KY Demographics

What is the population of Prospect?

There are 4,624 residents in Prospect, with a median age of 56.2. Of this, 47.9% are males and 52.1% are females. US-born citizens make up 92.17% of the resident pool in Prospect, while non-US-born citizens account for 5.56%. Additionally, 2.27% of the population is represented by non-citizens. A total of 4,290 people in Prospect currently live in the same house as they did last year.
Y-o-Y Change
Total Population 4,624 -0.6%
Male Population 2,215 3.0%
Female Population 2,409 -3.7%
Male Population 47.9%
Female Population 52.1%
Y-o-Y Change
Median Age 56.2 -2.3%
Citizen U.S. Born 4,262 2.5%
Citizen not U.S. Born 257 -26.1%
Not Citizen 105 -29.1%
Citizen U.S. Born 92.17%
Citizen not U.S. Born 5.56%
Not Citizen 2.27%
Y-o-Y Change
Moved from Same County 83 0.0%
Moved from Same State 93 1.1%
Moved from Different State 125 12.6%
Same House as Last Year 4,290 -0.9%
Moved from Same County 1.81%
Moved from Same State 2.03%
Moved from Different State 2.72%
Same House as Last Year 93.44%

What are the employment statistics in Prospect?

White-collar workers make up 98.7% of the working population in Prospect, while blue-collar employees account for 1.3%. There are also 510 entrepreneurs in Prospect (23.62% of the workforce); 1,273 workers employed in private companies (58.96%); and 136 people working in governmental institutions (6.3%).
Y-o-Y Change
White Collar 2,131 2.8%
Blue Collar 28 -46.1%
White Collar 98.7%
Blue Collar 1.3%
Y-o-Y Change
Self Employees 510 -2.7%
Private Companies 1,273 -2.8%
Governmental Workers 136 21.4%
Not for Profit Companies 240 33.3%
Self Employees 23.62%
Private Companies 58.96%
Governmental Workers 6.3%
Not for Profit Companies 11.12%

How many households are there in Prospect?

There are a total of 1,975 households in Prospect, each made up of around 2 members. Family establishments represent 75.8% of these Prospect households, while non-family units account for the remaining 24.2%. Additionally, 19.75% of households have children and 80.25% of households are without children.
Y-o-Y Change
Total households 1,975 0.8%
Average People per Household 2 N/A
Family Households 1,497 -3.2%
Non-Family Households 478 16.0%
Family Households 75.8%
Non-Family Households 24.2%
Y-o-Y Change
Households with Children 390 4.6%
Households without Children 1,585 -0.1%
Households with Children 19.75%
Households without Children 80.25%

What are the median and average incomes in Prospect?

The average annual household income in Prospect is $228,801, while the median household income sits at $173,528 per year. Residents aged 25 to 44 earn $197,625, while those between 45 and 64 years old have a median wage of $250,001.
Y-o-Y Change
Average Household Income $228,801 1.1%
Median Household Income $173,528 7.8%
People below Poverty Level 28 N/A
People above Poverty Level 4,523 -0.9%

How many homeowners and renters are there in Prospect?

There are 2,107 housing units in Prospect, and the median year in which these properties were built is 1988. Of the 1,975 occupied housing units in Prospect, 94.89% are owner-occupied, while 5.11% have renters living in them. Meanwhile, properties bought with mortgages account for 52.56% of the units, and the median value of a home with a mortgage is $465,100. In general, housing costs reach $1,547 per month in Prospect.
Y-o-Y Change
Housing Units 2,107 -0.8%
Median Year Built 1988 0.1%
Built in 1939 or Earlier 10 0.0%
Built between 1950 and 1959 8 -52.9%
Built between 1960 and 1969 224 0.0%
Built between 1970 and 1979 476 -10.9%
Built between 1980 and 1989 400 1.8%
Built between 1990 and 1999 754 2.7%
Built between 2000 and 2009 218 13.5%
Built between 2010 and 2019 17 -10.5%
Y-o-Y Change
Occupied Housing Units 1,975 0.8%
Owner Occupied 1,874 1.6%
Renter Occupied $101 -11.4%
Owner Occupied 94.89%
Renter Occupied 5.11%
Y-o-Y Change
With Mortgage 985 2.0%
Without Mortgage 889 1.1%
Median Value with Mortgage $465,100 7.2%
Median Value without Mortgage $478,200 15.3%
Median Housing Costs per Month $1,547 -2.5%
With Mortgage 52.56%
Without Mortgage 47.44%

What is the level of education in Prospect?

Approximately 5.8% of the population in Prospect holds a high school degree (that's 225 residents), while 20.07% have attained a college certificate (830 locals) and 35.48% have a bachelor's degree (1,377 people).
Y-o-Y Change
No High School 8 0.0%
Some High School 225 -21.6%
Some College 830 5.3%
Associate Degree 183 53.8%
Bachelor's Degree 1,377 1.0%
Graduate Degree 1,309 -0.9%
No High School 0.21%
Some High School 5.8%
Some College 20.07%
Associate Degree 4.72%
Bachelor's Degree 35.48%
Graduate Degree 33.73%

What is the marital status of Prospect residents?

A total of 525 people in Prospect have never been married (which represents 12.95% of the total population), while 2,922 of them are wedded (72.08%). Separated and divorced residents are in smaller numbers, at 18 (0.44%) and 383 (9.45%), respectively.
Y-o-Y Change
Never Married 525 -13.1%
Married 2,922 -2.5%
Separated 18 -5.3%
Widowed 224 6.2%
Divorced 383 383.0%
Never Married 12.95%
Married 72.08%
Separated 0.44%
Widowed 5.53%
Divorced 9.45%

What are the most common means of transportation in Prospect?

The top three means of transportation people in Prospect use to get to work are: car, bicycle and bus or trolley bus.
Y-o-Y Change
Car 1,736 -2.0%

What is the median and average household income in Prospect by zipcode?

ZipCode Population Number of Households Median Income Average Income
40059 20,769 8,082 $167,193.00 $243,953.00

Methodology & Disclaimers

Demographic data shown in this section was gathered from the latest U.S. Census Bureau release, the 2022 American Community Survey. The information is updated yearly, as soon as new data is made available by the US Census Bureau.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.