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CITY · 2020 ACS

Prospect Park

New Jersey · 6,372 residents · 0.465 sq mi
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The short version

Prospect Park has notably lower household income than the US average, with a median household income of $48,838. Population has held roughly steady since 2000. 19% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $280,100. At a median age of 33.7, residents skew younger than the country as a whole. Households here earn about 43% less than the New Jersey median.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 33.7
US median: 38.8
Less educated
19% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
6,372
+10%since 2000
from 5,779 in 2000
1990 – 2025
Population density
13,703 / sq mi
+10%since 2000
from 12,428 / sq mi in 2000
US average: 280
Median age
33.7
+9%since 2000
from 30.9 in 2000
US average: 38.8
Population, 1990 – 2024
5K5K6K6K7K1990201020202024Prospect Park
20246K
1990201020202024
Section 02

Income & economy

Median household income
$48,838
−30%inflation adjusted, since 2000
from $46,434 in 2000
US average: $66,278
1990 – 2024
Per capita income
$23,404
+43%since 2000
from $16,410 in 2000
US average: $35,364
Households earning $100K+
36.4%
−3.0 ptssince 2009
from 39.4% in 2009
US average: 43.9%
Poverty rate
16.8%
+6.8 ptssince 2000
from 10.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade15.8%
US avg: 10%
Information11.5%
US avg: 11.1%
Wholesale trade6.9%
US avg: 6.7%
Finance & insurance6.4%
US avg: 5.5%
Professional, scientific, technical6.2%
US avg: 4.7%
Other services2.9%
US avg: 6.6%
Transportation & warehousing2%
US avg: 2.5%
Arts, entertainment, food1.7%
US avg: 2%
Public administration1.1%
US avg: 4.7%
Education & health services0.2%
US avg: 0.8%
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
$280,100
+20%inflation adjusted, since 2000
from $154,700 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,417
+11%inflation adjusted, since 2000
from $852 in 2000
US average: $1,124
Owner-occupied
42.4%
−5.4 ptssince 2000
from 47.9% in 2000
57.6% rent
Afford Score
5.7
+72%since 2000
from 3.3 in 2000
1990 – 2024
RELATED:See current rent listings in Prospect Park on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic41.4%(2,393)
Black12.2%(703)
Hispanic / Latino38.3%(2,211)
Asian3.1%(180)
Other0%
Diversity Score78.7%(4,551)
2020
White, non-Hispanic18.1%(1,153)
Black16.1%(1,023)
Hispanic / Latino58.9%(3,752)
Asian4.6%(294)
Other3.6%(229)
Diversity Score75.2%(4,789)
Diversity Score
75
−5%since 2000
from 79 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
19.3%
+6.9 ptssince 2000
from 12.4% in 2000
US average: 32.9%
High school or higher
83.5%
+15.1 ptssince 2000
from 68.3% in 2000
US average: 88.5%
Graduate degree
6.2%
+3.0 ptssince 2000
from 3.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
24.4 min
+68%since 2000
from 14.6 min in 2000
US average: 26.9
Drive alone to work
72.7%
−4.3 ptssince 2009
from 77.0% in 2009
US average: 75.1%
No vehicle available
13.7%
+2.6 ptssince 2009
from 11.1% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
6.4%
−8.8 ptssince 2011
from 15.3% in 2011
US average: 5.4%
Labor force participation
64.3%
−14.4 ptssince 2011
from 78.8% in 2011
US average: 63.4%
Management & professional
29.1%
−29.4 ptssince 2009
from 58.5% in 2009
US average: 39.3%
Section 08

People & community

Male
52.2%
+2.7 ptssince 2009
from 49.5% in 2009
Female
47.8%
−2.7 ptssince 2009
from 50.5% in 2009
Foreign born
38.5%
−0.1 ptssince 2009
from 38.5% in 2009
US average: 13.5%
Uninsured
11.2%
−73.5 ptssince 2013
from 84.7% in 2013
US average: 8.8%
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Compare Prospect Park to nearby cities

PROSPECT PARK VS
Haledon
Income$95,870+96%
Home value$396,400+42%
Population9,125+41%
SEE FULL COMPARISON →
PROSPECT PARK VS
Hawthorne
Income$110,237+126%
Home value$533,700+91%
Population20,169+213%
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PROSPECT PARK VS
North Haledon
Income$125,313+157%
Home value$547,600+96%
Population9,089+41%
SEE FULL COMPARISON →
PROSPECT PARK VS
Paterson
Income$55,997+15%
Home value$360,100+29%
Population161,793+2408%
SEE FULL COMPARISON →
Frequently asked

How many people live in Prospect Park, New Jersey?

Prospect Park, New Jersey has about 6,372 residents according to the 2020 American Community Survey.

What is the median household income in Prospect Park, New Jersey?

The typical household in Prospect Park, New Jersey earns about $48,838 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 $280,100, and the typical rent is about $1,417 a month.

How educated are people in Prospect Park, New Jersey?

About 19.3% 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 16.8% 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 1,319 residents, a change of about 26 percent over that period.

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

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