Prospect, Indiana Population 2024

850

Prospect is a city located in Indiana. Prospect has a 2024 population of 850. Prospect is currently growing at a rate of 33.44% annually and its population has decreased by 0% since the most recent census, which recorded a population of 0 in 2020.

The average household income in Prospect is $59,346 with a poverty rate of 2.35%. The median age in Prospect is 27.9 years: 27.7 years for males, and 28.2 years for females.

Prospect Demographics

According to the most recent ACS, the racial composition of Prospect was:

  • White: 100%
  • Black or African American: 0%
  • Native American: 0%
  • Asian: 0%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
  • Two or more races: 0%
State
Indiana
Land Area (mi²)
0.9 sq mi
Density (mi²)
979.60/sq mi
The current population of Prospect, Indiana is 850 based on our projections of the latest US Census estimates.

Population by Race

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Race
Population
Percentage (of total)
White425100%
Black or African American00%
Native American00%
Asian00%
Native Hawaiian or Pacific Islander00%
Other race00%
Two or more races00%

White

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Other race

Two or more races

Prospect Population by Race

Prospect Population Pyramid 2024

Prospect Median Age

27.9

Total

27.7

Male

28.2

Female

Prospect Adults

There are 269 adults, (15 of whom are seniors) in Prospect.

Prospect Age Dependency

67.3

Age Dependency Ratio

5.9

Old Age Dependency Ratio

61.4

Child Dependency Ratio

Prospect Sex Ratio

Female19646.12%
Male22953.88%

Prospect Population by Age

Prospect Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All1143.7346.553.5
Married533.471000
Non Family3200100
Male297.210100
Female0000

4.79

Average Family Size

3.73

Average Household Size

46.5%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Prospect Households and Families

Male

Female

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Education Attained
Count
Percentage
9th to 12th Grade00%
Associates Degree3313.41%
Bachelors Degree3815.45%
Graduate Degree00%
High School Graduate16868.29%
Less Than 9th Grade00%
Some College72.85%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Prospect Educational Attainment by Sex (over 25)

Prospect Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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Race
Total
High School
Bachelors
White24624638

The highest rate of high school graduation is among white people with a rate of 100%.

The highest rate of bachelors degrees is among white people with a rate of 15.45%.

Prospect Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Bachelors Degree$0$0$0
Graduate Degree$0$0$0
High School Graduate$19,472$0$0
Less Than 9th Grade$0$0$0
Overall$45,915$47,845$0
Some College$0$0$0

$45,915

Average Earnings

$47,845

Average Male

$0

Average Female

Prospect Earnings by Educational Attainment

Prospect Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Prospect Language

100% of Prospect residents speak only English, while 0% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 0% of the population.

Prospect Language

Prospect Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White425102.35%

2.35%

Overall Poverty Rate

0%

Male Poverty Rate

5.1%

Female Poverty Rate

Poverty in Prospect

The race most likely to be in poverty in Prospect is White, with 2.35% below the poverty level.

The race least likely to be in poverty in Prospect is White, with 2.35% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 5.56%. Among those working part-time, it was 0%, and for those that did not work, the poverty rate was 0%.

Prospect Poverty

rate

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Rate
Poverty
Less Than 9th Grade0%
High School0%
Some College0%
Bachelors or Greater0%

Prospect Poverty Rate by Education

rate

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Rate
Poverty
Male Employed0%
Male Unemployed0%
Female Employed9.26%
Female Unemployed0%

Prospect Poverty Rate by Employment Status and Sex

Prospect Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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Name
Median
Mean
Families$85,833$76,324
Households$66,466$59,346
Married Families$90,492$-999,999,999
Non Families-$-999,999,999

mean

median

Income by Household Type

Prospect Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

72.5%

Overall Marriage Rate

58.4%

Male Marriage Rate

91.3%

Female Marriage Rate

Prospect Married by Age and Sex

male

female

Prospect Marriage

The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 35-44.

Prospect Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Prospect Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

0

Number of Veterans

0

Male Veterans

0

Female Veterans

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War
Veterans
Second Gulf War0
First Gulf War0
Vietnam0
Korea0
World War II0

Prospect Veterans by War

count

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Age Group
Veterans
18 to 340
35 to 540
55 to 640
65 to 740
75+0

Prospect Veterans by Age

count

Prospect Veterans by Race

Prospect Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

0%

Veteran Poverty Rate

0%

Veteran Disability Rate

Prospect Veterans by Education

LaborForceParticipation

72.5%

Labor Force Participation

72.5%

Employment Rate

0%

Unemployment Rate

Prospect Employment by Age

LaborForceParticipation

Prospect Employment by Race

LaborForceParticipation

Prospect Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

89.41%

Born in Prospect

100%

Native Born

0%

Foreign Born

0%

Non Citizen

0%

Naturalized

Place of Birth

100% of Prospect residents were born in the United States, with 89.41% having been born in Indiana. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

Prospect Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
202485021333.44%
202363721249.88%
202242500%

Prospect Population by Year