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Prospect, Louisiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
378
Population
$89,688
Median Income
$173,000
Home Value
32.7
Median Age

Demographics

Prospect has a population of 378 with a median age of 32.7. Here is the racial and ethnic breakdown of the population:

White
86.0%
Asian
9.8%
Other
4.2%
Demographic Value
Total Population378
Median Age32.7
White86.0%
Asian9.8%
Other / Two or More Races4.2%
Prospect, Louisiana — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 86.0%Asian: 9.8%Other: 4.2%378PopulationWhiteWhite86.0%AsianAsian9.8%OtherOther4.2%

Income & Economy

The median household income in Prospect is $89,688, which is 11.3% above the national median of $80,610. The per capita income is $32,639. The poverty rate is 6.1%.

$89,688
Median Household Income
$32,639
Per Capita Income
6.1%
Poverty Rate

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Education

In Prospect, 82.7% of residents age 25+ have a high school diploma or higher, and 10.2% hold a bachelor's degree or higher.

HS Diploma+
82.7%
Bachelor's+
10.2%
Education Level % of Adults (25+)
High School Diploma or Higher82.7%
Bachelor's Degree or Higher10.2%

Housing

The median home value in Prospect is $173,000, below the national median of $303,400. The homeownership rate is 100.0%.

$173,000
Median Home Value
100.0%
Homeownership Rate
Housing Metric Value
Median Home Value$173,000
Homeownership Rate100.0%
Vacancy Rate22.1%

Salaries in Louisiana

Explore salary data for popular occupations in Louisiana:

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Other Cities in Louisiana

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Frequently Asked Questions

What is the population of Prospect, Louisiana?
The population of Prospect, Louisiana is 378 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Prospect, Louisiana?
The median household income in Prospect, Louisiana is $89,688. This is 11.3% above the national median of $80,610.
What is the median home value in Prospect, Louisiana?
The median home value in Prospect, Louisiana is $173,000.
What percentage of people in Prospect have a college degree?
In Prospect, Louisiana, 10.2% of adults age 25 and older hold a bachelor's degree or higher, and 82.7% have a high school diploma or higher.
Is Prospect, Louisiana an affordable place to live?
The home price-to-income ratio in Prospect, Louisiana is 1.9x (median home value $173,000 vs. median income $89,688), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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