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CITY · 2020 ACS

Prospect

North Carolina · 873 residents · 3.928 sq mi
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The short version

Prospect has lower-than-average household income, with a median household income of $58,382. Population has grown 27% since 2000. Median home value has more than doubled since 2000, reaching $107,600.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 36.9
US median: 38.8
Average education
34% hold a bachelor's degree
US average: 33%
Less affordable
home values up 36%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
873
+27%since 2000
from 690 in 2000
2000 – 2024
Population density
222 / sq mi
+27%since 2000
from 176 / sq mi in 2000
US average: 280
Median age
36.9
+11%since 2000
from 33.1 in 2000
US average: 38.8
Population, 2000 – 2024
4465927388841K2000201020202024Prospect
2024907
2000201020202024
Section 02

Income & economy

Median household income
$58,382
+14%inflation adjusted, since 2000
from $34,038 in 2000
US average: $66,278
2000 – 2024
Per capita income
$31,454
+177%since 2000
from $11,359 in 2000
US average: $35,364
Households earning $100K+
43.1%
+1.8 ptssince 2009
from 41.3% in 2009
US average: 43.9%
Poverty rate
6.7%
−15.0 ptssince 2000
from 21.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Information23.8%
US avg: 11.1%
Wholesale trade8.9%
US avg: 6.7%
Retail trade5.7%
US avg: 10%
Other services4.7%
US avg: 6.6%
Public administration4.7%
US avg: 4.7%
Agriculture, forestry, fishing3.7%
US avg: 1.7%
Construction3.7%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$107,600
+36%inflation adjusted, since 2000
from $52,700 in 2000
US average: $265,253
2000 – 2024
Owner-occupied
75.9%
−16.6 ptssince 2000
from 92.5% in 2000
24.1% rent
Afford Score
1.8
+19%since 2000
from 1.5 in 2000
2000 – 2024
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)
2020
White, non-Hispanic3.6%(31)
Black0.6%(5)
Hispanic / Latino1.9%(17)
Asian0%(0)
Other97.4%(850)
Diversity Score14%(123)
Diversity Score
14
−79%since 2000
from 66 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
33.7%
+16.6 ptssince 2000
from 17.1% in 2000
US average: 32.9%
High school or higher
88.6%
+23.8 ptssince 2000
from 64.8% in 2000
US average: 88.5%
Graduate degree
4.0%
+0.5 ptssince 2000
from 3.5% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
21.9 min
+47%since 2000
from 14.9 min in 2000
US average: 26.9
Drive alone to work
98.1%
+21.2 ptssince 2009
from 76.8% in 2009
US average: 75.1%
No vehicle available
19.1%
−17.0 ptssince 2009
from 36.1% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.0%
+2.0 ptssince 2011
from 0.0% in 2011
US average: 5.4%
Labor force participation
57.0%
+4.9 ptssince 2011
from 52.1% in 2011
US average: 63.4%
Management & professional
43.3%
−19.7 ptssince 2009
from 63.1% in 2009
US average: 39.3%
Section 08

People & community

Male
48.8%
+0.1 ptssince 2009
from 48.7% in 2009
Female
51.2%
−0.1 ptssince 2009
from 51.3% in 2009
Foreign born
0.0%
−2.0 ptssince 2009
from 2.0% in 2009
US average: 13.5%
Uninsured
2.1%
−76.7 ptssince 2013
from 78.8% in 2013
US average: 8.8%
Drill deeper

Places similar to Prospect

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Pop 873
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Pop 1,023
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Indian Shores
Pop 1,167
Places similar to Prospect
Head to head

Compare Prospect to nearby cities

PROSPECT VS
Lumberton
Income$42,877−27%
Home value$152,600+42%
Population18,955+1990%
SEE FULL COMPARISON →
PROSPECT VS
Laurinburg
Income$42,170−28%
Home value$134,200+25%
Population14,582+1508%
SEE FULL COMPARISON →
PROSPECT VS
Hope Mills
Income$65,774+13%
Home value$190,600+77%
Population18,324+1920%
SEE FULL COMPARISON →
PROSPECT VS
Fayetteville
Income$58,407same
Home value$188,000+75%
Population209,120+22956%
SEE FULL COMPARISON →
Frequently asked

How many people live in Prospect, North Carolina?

Prospect, North Carolina has about 873 residents according to the 2020 American Community Survey.

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

The typical household in Prospect, North Carolina earns about $58,382 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 $107,600.

How educated are people in Prospect, North Carolina?

About 33.7% 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 6.7% 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

How we source and harmonize this data →