CensusEasy
CITY · 2020 ACS

Prospect

Kentucky · 4,592 residents · 3.83 sq mi
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Part of the Louisville/Jefferson County metro government metro area
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The short version

Prospect is significantly wealthier than the US average, with a median household income of $152,973. Population has held roughly steady since 2000. 74% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $391,600. With a median age of 53.1, the population is older than the US median of 38.8. Households here earn about 193% more than the Kentucky median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 53.1
US median: 38.8
More educated
74% hold a bachelor's degree
US average: 33%
More affordable
home values down 7%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
4,592
−1%since 2000
from 4,657 in 2000
1990 – 2025
Population density
1,199 / sq mi
−1%since 2000
from 1,216 / sq mi in 2000
US average: 280
Median age
53.1
+25%since 2000
from 42.6 in 2000
US average: 38.8
Population, 1990 – 2024
3K3K4K5K6K1990201020202024Prospect
20245K
1990201020202024
Section 02

Income & economy

Median household income
$152,973
−8%inflation adjusted, since 2000
from $111,170 in 2000
US average: $66,278
1990 – 2024
Per capita income
$85,923
+67%since 2000
from $51,469 in 2000
US average: $35,364
Households earning $100K+
72.8%
+7.0 ptssince 2009
from 65.8% in 2009
US average: 43.9%
Poverty rate
0.4%
−1.1 ptssince 2000
from 1.5% in 2000
US average: 12.8%
Workforce by industry, 2020
Other services16.1%
US avg: 6.6%
Retail trade10.7%
US avg: 10%
Public administration10.3%
US avg: 4.7%
Information7.3%
US avg: 11.1%
Finance & insurance5.3%
US avg: 5.5%
Professional, scientific, technical3.5%
US avg: 4.7%
Arts, entertainment, food1.8%
US avg: 2%
Education & health services1.7%
US avg: 0.8%
Transportation & warehousing1.2%
US avg: 2.5%
Wholesale trade0.5%
US avg: 6.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$391,600
−7%inflation adjusted, since 2000
from $279,900 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,129
−3%inflation adjusted, since 2000
from $773 in 2000
US average: $1,124
Owner-occupied
93.1%
+0.2 ptssince 2000
from 92.9% in 2000
6.9% rent
Afford Score
2.6
+2%since 2000
from 2.5 in 2000
1990 – 2024
RELATED:See current rent listings in Prospect on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic92.5%(4,308)
Black3.4%(157)
Hispanic / Latino0.6%(30)
Asian2.1%(96)
Other0%
Diversity Score14.7%(686)
2020
White, non-Hispanic85%(3,905)
Black3.6%(164)
Hispanic / Latino3.2%(145)
Asian4.2%(193)
Other0.4%(19)
Diversity Score27.1%(1,246)
Diversity Score
27
+84%since 2000
from 15 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
74.1%
+4.2 ptssince 2000
from 69.9% in 2000
US average: 32.9%
High school or higher
99.5%
+2.2 ptssince 2000
from 97.3% in 2000
US average: 88.5%
Graduate degree
37.2%
+6.9 ptssince 2000
from 30.3% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
24.0 min
+80%since 2000
from 13.4 min in 2000
US average: 26.9
Drive alone to work
83.1%
−2.6 ptssince 2009
from 85.7% in 2009
US average: 75.1%
No vehicle available
0.0%
−0.7 ptssince 2009
from 0.7% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.6%
+1.9 ptssince 2011
from 3.6% in 2011
US average: 5.4%
Labor force participation
61.9%
−2.5 ptssince 2011
from 64.4% in 2011
US average: 63.4%
Management & professional
66.8%
−9.7 ptssince 2009
from 76.6% in 2009
US average: 39.3%
Section 08

People & community

Male
47.1%
+0.5 ptssince 2009
from 46.6% in 2009
Female
52.9%
−0.5 ptssince 2009
from 53.4% in 2009
Foreign born
10.5%
+1.7 ptssince 2009
from 8.8% in 2009
US average: 13.5%
Uninsured
2.0%
−97.5 ptssince 2013
from 99.5% in 2013
US average: 8.8%
Drill deeper

Places similar to Prospect

Indian River Shores
Pop 4,467
Highland Beach
Pop 4,328
Lake Clarke Shores
Pop 3,597
Oakland
Pop 3,774
Places similar to Prospect
Head to head

Compare Prospect to nearby cities

PROSPECT VS
Jeffersonville
Income$70,930−54%
Home value$216,800−45%
Population54,134+1051%
SEE FULL COMPARISON →
PROSPECT VS
Lyndon
Income$65,679−57%
Home value$276,800−29%
Population11,301+140%
SEE FULL COMPARISON →
PROSPECT VS
Charlestown
Income$77,288−49%
Home value$208,300−47%
Population8,802+87%
SEE FULL COMPARISON →
PROSPECT VS
St. Matthews
Income$82,412−46%
Home value$338,000−14%
Population17,868+280%
SEE FULL COMPARISON →
Frequently asked

How many people live in Prospect, Kentucky?

Prospect, Kentucky has about 4,592 residents according to the 2020 American Community Survey.

What is the median household income in Prospect, Kentucky?

The typical household in Prospect, Kentucky earns about $152,973 a year. Half of households make more than that, and half make less.

Is Prospect, Kentucky expensive?

In Prospect, Kentucky, the median home is worth about $391,600, and the typical rent is about $1,129 a month.

How educated are people in Prospect, Kentucky?

About 74.1% of adults age 25 and over in Prospect, Kentucky hold a bachelor's degree or higher.

What is the poverty rate in Prospect, Kentucky?

About 0.4% of people in Prospect, Kentucky live below the federal poverty line.

Has Prospect, Kentucky grown since 1990?

Yes, Prospect, Kentucky has grown since 1990. The population has added about 1,804 residents, a change of about 65 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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