Prospect Park
Prospect Park has notably lower household income than the US average, with a median household income of $53,125. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $406,800. The poverty rate of 28.3% is well above the national figure. Households here earn about 49% less than the New Jersey median.
Population & growth
PEP 2025 EST:6,450 residents (Census Bureau Vintage 2025, released March 2026)
Income & economy
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Race & ethnicity
Education
Commute & transportation
Work & employment
People & community
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Compare Prospect Park to nearby cities
How many people live in Prospect Park, New Jersey?
Prospect Park, New Jersey has about 6,319 residents according to the 2024 American Community Survey.
What is the median household income in Prospect Park, New Jersey?
The typical household in Prospect Park, New Jersey earns about $53,125 a year. Half of households make more than that, and half make less.
Is Prospect Park, New Jersey expensive?
In Prospect Park, New Jersey, the median home is worth about $406,800, and the typical rent is about $1,647 a month.
How educated are people in Prospect Park, New Jersey?
About 31.1% of adults age 25 and over in Prospect Park, New Jersey hold a bachelor's degree or higher.
What is the poverty rate in Prospect Park, New Jersey?
About 28.3% of people in Prospect Park, New Jersey live below the federal poverty line.
Has Prospect Park, New Jersey grown since 1990?
Yes, Prospect Park, New Jersey has grown since 1990. The population has added about 1,266 residents, a change of about 25 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024