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Prospect, New York

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
218
Population
$46,971
Median Income
$86,800
Home Value
54.2
Median Age

Demographics

Prospect has a population of 218 with a median age of 54.2. Here is the racial and ethnic breakdown of the population:

White
100.0%
Demographic Value
Total Population218
Median Age54.2
White100.0%
Prospect, New York — racial composition (Census ACS 2024)Donut chart of 1 segments totaling 100.White: 100.0%218PopulationWhiteWhite100.0%

Income & Economy

The median household income in Prospect is $46,971, which is 41.7% below the national median of $80,610. The per capita income is $31,857.

$46,971
Median Household Income
$31,857
Per Capita Income

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Education

In Prospect, 92.1% of residents age 25+ have a high school diploma or higher, and 2.4% hold a bachelor's degree or higher.

HS Diploma+
92.1%
Bachelor's+
2.4%
Education Level % of Adults (25+)
High School Diploma or Higher92.1%
Bachelor's Degree or Higher2.4%

Housing

The median home value in Prospect is $86,800, below the national median of $303,400. The homeownership rate is 100.0%.

$86,800
Median Home Value
100.0%
Homeownership Rate
Housing Metric Value
Median Home Value$86,800
Homeownership Rate100.0%
Vacancy Rate20.4%

Salaries in New York

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Frequently Asked Questions

What is the population of Prospect, New York?
The population of Prospect, New York is 218 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Prospect, New York?
The median household income in Prospect, New York is $46,971. This is 41.7% below the national median of $80,610.
What is the median home value in Prospect, New York?
The median home value in Prospect, New York is $86,800.
What percentage of people in Prospect have a college degree?
In Prospect, New York, 2.4% of adults age 25 and older hold a bachelor's degree or higher, and 92.1% have a high school diploma or higher.
Is Prospect, New York an affordable place to live?
The home price-to-income ratio in Prospect, New York is 1.8x (median home value $86,800 vs. median income $46,971), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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