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CITY · 2020 ACS

Prospect

New York · 248 residents · 0.43 sq mi
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The short version

Prospect has roughly average household income, with a median household income of $70,063. Population has fallen 25% since 2000, a loss of 82 residents. Median home value is $103,100. With a median age of 51.8, the population is older than the US median of 38.8. Poverty is rare here, at 3.0% of residents.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 51.8
US median: 38.8
Less educated
25% 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
248
−25%since 2000
from 330 in 2000
1990 – 2024
Population density
577 / sq mi
−25%since 2000
from 767 / sq mi in 2000
US average: 280
Median age
51.8
+46%since 2000
from 35.5 in 2000
US average: 38.8
Population, 1990 – 2024
1932563203844471990201020202024Prospect
2024218
1990201020202024
Section 02

Income & economy

Median household income
$70,063
−5%inflation adjusted, since 2000
from $49,167 in 2000
US average: $66,278
1990 – 2024
Per capita income
$19,863
+20%since 2000
from $16,579 in 2000
US average: $35,364
Households earning $100K+
31.1%
−4.0 ptssince 2009
from 35.1% in 2009
US average: 43.9%
Poverty rate
3.0%
−2.4 ptssince 2000
from 5.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Finance & insurance15.8%
US avg: 5.5%
Professional, scientific, technical15.8%
US avg: 4.7%
Other services8.8%
US avg: 6.6%
Public administration8.8%
US avg: 4.7%
Retail trade3.5%
US avg: 10%
Wholesale trade1.8%
US avg: 6.7%
Information0.9%
US avg: 11.1%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
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
$103,100
−3%inflation adjusted, since 2000
from $70,900 in 2000
US average: $265,253
1990 – 2024
Owner-occupied
89.0%
+10.1 ptssince 2000
from 78.9% in 2000
11.0% rent
Afford Score
1.5
+2%since 2000
from 1.4 in 2000
1990 – 2024
RELATED:See current rent listings in Prospect on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.9%(323)
Black0.6%(2)
Hispanic / Latino1.2%(4)
Asian0%(0)
Other0%
Diversity Score4.5%(15)
2020
White, non-Hispanic91.9%(228)
Black0%(0)
Hispanic / Latino0.8%(2)
Asian0.4%(1)
Other2.7%(7)
Diversity Score9.9%(25)
Diversity Score
10
+121%since 2000
from 4 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
25.0%
+2.3 ptssince 2000
from 22.7% in 2000
US average: 32.9%
High school or higher
91.5%
−1.4 ptssince 2000
from 92.9% in 2000
US average: 88.5%
Graduate degree
12.0%
+8.0 ptssince 2000
from 4.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
21.9 min
+36%since 2000
from 16.0 min in 2000
US average: 26.9
Drive alone to work
63.2%
−32.5 ptssince 2009
from 95.6% in 2009
US average: 75.1%
No vehicle available
0.0%
−2.2 ptssince 2009
from 2.2% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
12.3%
+12.3 ptssince 2011
from 0.0% in 2011
US average: 5.4%
Labor force participation
59.4%
−0.4 ptssince 2011
from 59.8% in 2011
US average: 63.4%
Management & professional
47.4%
−10.6 ptssince 2009
from 57.9% in 2009
US average: 39.3%
Section 08

People & community

Male
44.3%
−1.7 ptssince 2009
from 46.0% in 2009
Female
55.7%
+1.7 ptssince 2009
from 54.0% in 2009
Foreign born
0.5%
−2.1 ptssince 2009
from 2.6% in 2009
US average: 13.5%
Uninsured
0.0%
−91.7 ptssince 2013
from 91.7% in 2013
US average: 8.8%
Drill deeper

Places similar to Prospect

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Pop 212
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Pop 192
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Pop 231
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Pop 238
Places similar to Prospect
Head to head

Compare Prospect to nearby cities

PROSPECT VS
Utica
Income$52,484−25%
Home value$151,300+47%
Population62,978+28789%
SEE FULL COMPARISON →
PROSPECT VS
Rome
Income$59,925−14%
Home value$154,400+50%
Population31,682+14433%
SEE FULL COMPARISON →
PROSPECT VS
Oneida
Income$61,597−12%
Home value$160,100+55%
Population10,009+4491%
SEE FULL COMPARISON →
PROSPECT VS
Johnstown
Income$63,763−9%
Home value$157,800+53%
Population8,021+3579%
SEE FULL COMPARISON →
Frequently asked

How many people live in Prospect, New York?

Prospect, New York has about 248 residents according to the 2020 American Community Survey.

What is the median household income in Prospect, New York?

The typical household in Prospect, New York earns about $70,063 a year. Half of households make more than that, and half make less.

Is Prospect, New York expensive?

In Prospect, New York, the median home is worth about $103,100.

How educated are people in Prospect, New York?

About 25.0% of adults age 25 and over in Prospect, New York hold a bachelor's degree or higher.

What is the poverty rate in Prospect, New York?

About 3.0% of people in Prospect, New York live below the federal poverty line.

Has Prospect, New York grown since 1990?

Yes, Prospect, New York has shrunk since 1990. The population has lost about 60 residents, a change of about -19 percent over that period.

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

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