Prospect is a city located in Jefferson County and Oldham County Kentucky. Prospect has a 2023 population of 4,535. Prospect is currently declining at a rate of -0.37% annually and its population has decreased by -1.11% since the most recent census, which recorded a population of 4,586 in 2020.
The average household income in Prospect is $226,249 with a poverty rate of 1.14%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Prospect is 57.5 years, 59.2 years for males, and 57 years for females.
According to the most recent ACS, the racial composition of Prospect was:
2.69
Average Family Size
2.38
Average Household Size
94.2%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
90.96% of Prospect residents speak only English, while 9.04% speak other languages. The non-English language spoken by the largest group is Asian and Pacific Island languages, which is spoken by 6.91% of the population.
1.14%
Overall Poverty Rate
1.07%
Male Poverty Rate
1.2%
Female Poverty Rate
The race most likely to be in poverty in Prospect is Multiple, with 14.71% below the poverty level.
The race least likely to be in poverty in Prospect is White, with 1.34% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 0%. Among those working part-time, it was 0%, and for those that did not work, the poverty rate was 3.17%.
Married
Widowed
Divorced
Separated
NeverMarried
72.0%
Overall Marriage Rate
75.4%
Male Marriage Rate
68.9%
Female Marriage Rate
male
female
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 45-54.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
4.81%
Veteran Poverty Rate
36.36%
Veteran Disability Rate
LaborForceParticipation
55.5%
Labor Force Participation
52.8%
Employment Rate
4.9%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
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.
Europe
Asia
Africa
Oceania
Latin America
North America
51.54%
Born in Prospect
91.18%
Native Born
10.66%
Foreign Born
3.24%
Non Citizen
7.42%
Naturalized
91.18% of Prospect residents were born in the United States, with 51.54% having been born in Kentucky. 3.24% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.