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Prospect, Oregon

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
723
Population
$53,625
Median Income
$326,400
Home Value
56.2
Median Age

Demographics

Prospect has a population of 723 with a median age of 56.2. Here is the racial and ethnic breakdown of the population:

White
76.5%
Other
16.3%
Hispanic
7.2%
Demographic Value
Total Population723
Median Age56.2
White76.5%
Hispanic or Latino7.2%
Other / Two or More Races16.3%
Prospect, Oregon — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 76.5%Other: 16.3%Hispanic/Latino: 7.2%723PopulationWhiteWhite76.5%OtherOther16.3%Hispanic/LatinoHispanic/Latino7.2%

Income & Economy

The median household income in Prospect is $53,625, which is 33.5% below the national median of $80,610. The per capita income is $26,607. The poverty rate is 15.3%.

$53,625
Median Household Income
$26,607
Per Capita Income
15.3%
Poverty Rate

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Education

In Prospect, 94.7% of residents age 25+ have a high school diploma or higher, and 16.4% hold a bachelor's degree or higher (5.3% with a graduate or professional degree).

HS Diploma+
94.7%
Bachelor's+
16.4%
Graduate+
5.3%
Education Level % of Adults (25+)
High School Diploma or Higher94.7%
Bachelor's Degree or Higher16.4%
Graduate or Professional Degree5.3%

Housing

The median home value in Prospect is $326,400, above the national median of $303,400. The median monthly rent is $843. The homeownership rate is 84.7%.

$326,400
Median Home Value
$843/mo
Median Rent
84.7%
Homeownership Rate
Housing Metric Value
Median Home Value$326,400
Median Monthly Rent$843
Homeownership Rate84.7%

Salaries in Oregon

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Frequently Asked Questions

What is the population of Prospect, Oregon?
The population of Prospect, Oregon is 723 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Prospect, Oregon?
The median household income in Prospect, Oregon is $53,625. This is 33.5% below the national median of $80,610.
What is the median home value in Prospect, Oregon?
The median home value in Prospect, Oregon is $326,400. The median monthly rent is $843.
What percentage of people in Prospect have a college degree?
In Prospect, Oregon, 16.4% of adults age 25 and older hold a bachelor's degree or higher, and 94.7% have a high school diploma or higher.
Is Prospect, Oregon an affordable place to live?
The home price-to-income ratio in Prospect, Oregon is 6.1x (median home value $326,400 vs. median income $53,625), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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