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CITY

Prospect

North Carolina · 907 residents · 3.928 sq mi
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The short version

Prospect is significantly wealthier than the US average, with a median household income of $110,769. Population has grown 31% since 2000. Median home value has more than doubled since 2000, reaching $100,700. At a median age of 30.4, residents skew younger than the country as a whole. The poverty rate of 21.7% is well above the national figure. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 30.4
US median: 38.9
Average education
35% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
907
+31%since 2000
from 690 in 2000
2000 – 2024
Population density
231 / sq mi
+31%since 2000
from 176 / sq mi in 2000
US average: 281
Median age
30.4
−8%since 2000
from 33.1 in 2000
US average: 38.9
Population, 2000 – 2024
4465927388841K2000201020202024Prospect
2024907
2000201020202024
Section 02

Income & economy

Median household income
$110,769
+79%inflation adjusted, since 2000
from $34,038 in 2000
US average: $82,259
2000 – 2024
Per capita income
$31,821
+180%since 2000
from $11,359 in 2000
US average: $44,673
Households earning $100K+
54.3%
+13.1 ptssince 2009
from 41.3% in 2009
US average: 53.3%
Poverty rate
21.7%
Unchangedsince 2000
from 21.7% in 2000
US average: 12.5%
Income inequality (Gini)
0.424
−1%since 2010
from 0.427 in 2010
US average: 0.476
Workforce by industry, 2024
Finance & insurance19.2%
US avg: 5.9%
Professional, scientific, technical11.7%
US avg: 5.1%
Information11.5%
US avg: 10.8%
Retail trade9%
US avg: 9.9%
Education & health services7.5%
US avg: 0.9%
Wholesale trade7%
US avg: 6.9%
Agriculture, forestry, fishing3%
US avg: 1.6%
Construction3%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$100,700
+5%inflation adjusted, since 2000
from $52,700 in 2000
US average: $376,019
2000 – 2024
Owner-occupied
90.6%
−1.9 ptssince 2000
from 92.5% in 2000
9.4% rent
Vacancy rate
8.6%
−22.2 ptssince 2009
from 30.8% in 2009
US average: 10.0%
Owner cost-burdened
21.6%
−10.8 ptssince 2009
from 32.4% in 2009
US average: 22.9%
Renter cost-burdened
0.0%
−100.0 ptssince 2009
from 100.0% in 2009
US average: 47.4%
Afford Score
0.9
−41%since 2000
from 1.5 in 2000
2000 – 2024
Gentrification Score
46
RELATED:See current rent listings in Prospect on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic2%(14)
Black0.1%(1)
Hispanic / Latino1.6%(11)
Asian0%(0)
Other0%
Diversity Score66.2%(457)
2024
White, non-Hispanic2.5%(23)
Black2.9%(26)
Hispanic / Latino0%(0)
Asian0%(0)
Other94.6%(858)
Diversity Score13%(118)
Diversity Score
13
−80%since 2000
from 66 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
34.7%
+17.7 ptssince 2000
from 17.1% in 2000
US average: 35.6%
High school or higher
95.3%
+30.5 ptssince 2000
from 64.8% in 2000
US average: 89.6%
Graduate degree
11.8%
+8.3 ptssince 2000
from 3.5% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
35.1 min
+136%since 2000
from 14.9 min in 2000
US average: 26.5
Drive alone to work
86.8%
+9.9 ptssince 2009
from 76.8% in 2009
US average: 68.9%
Carpooled to work
6.6%
−16.5 ptssince 2009
from 23.2% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
6.6%
+6.6 ptssince 2009
from 0.0% in 2009
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
0.0%
−36.1 ptssince 2009
from 36.1% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2011
from 0.0% in 2011
US average: 5.2%
Labor force participation
55.6%
+3.6 ptssince 2011
from 52.1% in 2011
US average: 63.5%
Self-employed
40.4%
+35.0 ptssince 2009
from 5.4% in 2009
US average: 13.1%
Management & professional
37.4%
−25.7 ptssince 2009
from 63.1% in 2009
US average: 42.5%
Section 08

People & community

Male
48.6%
−0.1 ptssince 2009
from 48.7% in 2009
Female
51.4%
+0.1 ptssince 2009
from 51.3% in 2009
Foreign born
0.0%
−2.0 ptssince 2009
from 2.0% in 2009
US average: 14.1%
Veterans
0.0%
−55.0 ptssince 2009
from 55.0% in 2009
US average: 6.2%
With a disability
13.3%
−15.5 ptssince 2012
from 28.8% in 2012
US average: 13.3%
Uninsured
6.0%
−72.8 ptssince 2013
from 78.8% in 2013
US average: 8.4%
Broadband at home
90.2%
+33.7 ptssince 2017
from 56.5% in 2017
US average: 91.0%
English only at home
99.2%
+2.2 ptssince 2016
from 97.0% in 2016
US average: 77.7%
Spanish at home
0.8%
+0.8 ptssince 2016
from 0.0% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Prospect to nearby cities

PROSPECT VS
Lumberton
Income$42,877−61%
Home value$152,600+52%
Population18,955+1990%
SEE FULL COMPARISON →
PROSPECT VS
Laurinburg
Income$42,170−62%
Home value$134,200+33%
Population14,582+1508%
SEE FULL COMPARISON →
PROSPECT VS
Hope Mills
Income$65,774−41%
Home value$190,600+89%
Population18,324+1920%
SEE FULL COMPARISON →
PROSPECT VS
Fayetteville
Income$58,407−47%
Home value$188,000+87%
Population209,120+22956%
SEE FULL COMPARISON →
Frequently asked

How many people live in Prospect, North Carolina?

Prospect, North Carolina has about 907 residents according to the 2024 American Community Survey.

What is the median household income in Prospect, North Carolina?

The typical household in Prospect, North Carolina earns about $110,769 a year. Half of households make more than that, and half make less.

Is Prospect, North Carolina expensive?

In Prospect, North Carolina, the median home is worth about $100,700.

How educated are people in Prospect, North Carolina?

About 34.7% of adults age 25 and over in Prospect, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Prospect, North Carolina?

About 21.7% of people in Prospect, North Carolina live below the federal poverty line.

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

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