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CITY · 2020 ACS

Prospect

Ohio · 1,067 residents · 0.724 sq mi
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The short version

Prospect has roughly average household income, with a median household income of $61,538. Population has declined 10% since 2000. 20% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $121,800. Poverty is rare here, at 4.5% of residents.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 40.3
US median: 38.8
Less educated
20% 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
1,067
−10%since 2000
from 1,191 in 2000
1990 – 2025
Population density
1,474 / sq mi
−10%since 2000
from 1,645 / sq mi in 2000
US average: 280
Median age
40.3
+11%since 2000
from 36.2 in 2000
US average: 38.8
Population, 1990 – 2024
9401K1K1K1K1990201020202024Prospect
20241K
1990201020202024
Section 02

Income & economy

Median household income
$61,538
−12%inflation adjusted, since 2000
from $46,316 in 2000
US average: $66,278
1990 – 2024
Per capita income
$24,528
+21%since 2000
from $20,324 in 2000
US average: $35,364
Households earning $100K+
44.5%
+21.2 ptssince 2009
from 23.3% in 2009
US average: 43.9%
Poverty rate
4.5%
+1.9 ptssince 2000
from 2.6% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade19.8%
US avg: 10%
Wholesale trade8.3%
US avg: 6.7%
Information5.7%
US avg: 11.1%
Finance & insurance5.1%
US avg: 5.5%
Education & health services2.8%
US avg: 0.8%
Other services2.6%
US avg: 6.6%
Professional, scientific, technical2.2%
US avg: 4.7%
Public administration2%
US avg: 4.7%
Agriculture, forestry, fishing1.6%
US avg: 1.7%
Construction1.6%
US avg: 1.2%
Arts, entertainment, food1.4%
US avg: 2%
Transportation & warehousing0.6%
US avg: 2.5%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$121,800
−5%inflation adjusted, since 2000
from $85,200 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$945
+33%inflation adjusted, since 2000
from $473 in 2000
US average: $1,124
Owner-occupied
70.3%
−5.6 ptssince 2000
from 75.9% in 2000
29.7% rent
Afford Score
2.0
+8%since 2000
from 1.8 in 2000
1990 – 2024
RELATED:See current rent listings in Prospect on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic99.4%(1,184)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%
Diversity Score0%(0)
2020
White, non-Hispanic93.8%(1,001)
Black0.2%(2)
Hispanic / Latino1.1%(12)
Asian0.5%(5)
Other2.7%(28)
Diversity Score10.9%(117)
Diversity Score
11
from 0 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
19.8%
+4.4 ptssince 2000
from 15.4% in 2000
US average: 32.9%
High school or higher
93.0%
+1.9 ptssince 2000
from 91.1% in 2000
US average: 88.5%
Graduate degree
4.7%
−1.3 ptssince 2000
from 6.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
29.7 min
+61%since 2000
from 18.4 min in 2000
US average: 26.9
Drive alone to work
84.1%
−2.4 ptssince 2009
from 86.5% in 2009
US average: 75.1%
No vehicle available
0.0%
−3.3 ptssince 2009
from 3.3% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.9%
−2.9 ptssince 2011
from 6.7% in 2011
US average: 5.4%
Labor force participation
60.1%
−14.3 ptssince 2011
from 74.3% in 2011
US average: 63.4%
Management & professional
30.5%
−26.5 ptssince 2009
from 57.0% in 2009
US average: 39.3%
Section 08

People & community

Male
50.0%
−2.2 ptssince 2009
from 52.3% in 2009
Female
50.0%
+2.2 ptssince 2009
from 47.7% in 2009
Foreign born
0.5%
+0.5 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
1.4%
−93.1 ptssince 2013
from 94.5% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Prospect to nearby cities

PROSPECT VS
Marion
Income$47,951−22%
Home value$119,500−2%
Population35,587+3270%
SEE FULL COMPARISON →
PROSPECT VS
Delaware
Income$99,786+62%
Home value$318,400+161%
Population46,636+4316%
SEE FULL COMPARISON →
PROSPECT VS
Marysville
Income$92,619+51%
Home value$300,800+147%
Population30,190+2759%
SEE FULL COMPARISON →
PROSPECT VS
Powell
Income$195,495+218%
Home value$561,500+361%
Population18,269+1630%
SEE FULL COMPARISON →
Frequently asked

How many people live in Prospect, Ohio?

Prospect, Ohio has about 1,067 residents according to the 2020 American Community Survey.

What is the median household income in Prospect, Ohio?

The typical household in Prospect, Ohio earns about $61,538 a year. Half of households make more than that, and half make less.

Is Prospect, Ohio expensive?

In Prospect, Ohio, the median home is worth about $121,800, and the typical rent is about $945 a month.

How educated are people in Prospect, Ohio?

About 19.8% of adults age 25 and over in Prospect, Ohio hold a bachelor's degree or higher.

What is the poverty rate in Prospect, Ohio?

About 4.5% of people in Prospect, Ohio live below the federal poverty line.

Has Prospect, Ohio grown since 1990?

Yes, Prospect, Ohio has shrunk since 1990. The population has lost about 109 residents, a change of about -9 percent over that period.

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

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