Prospect, Kentucky Population 2024

4,534

Prospect is a city located in Jefferson County and Oldham County Kentucky. Prospect has a 2024 population of 4,534. Prospect is currently declining at a rate of -0.33% annually and its population has decreased by -1.35% since the most recent census, which recorded a population of 4,596 in 2020.

The average household income in Prospect is $228,801 with a poverty rate of 1.47%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Prospect is 56.2 years, 56.2 years for males, and 56.1 years for females.

Prospect Demographics

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

  • White: 94.49%
  • Asian: 3.68%
  • Black or African American: 1.08%
  • Two or more races: 0.76%
  • Native American: 0%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
Land Area (mi²)
3.8 sq mi
Density (mi²)
1,183.10/sq mi
Growth Since 2020
-1.35% (-62)
The current population of Prospect, Kentucky is 4,534 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 4,596.

Prospect, Kentucky Population 2024

Population by Race

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Race
Population
Percentage (of total)
White4,36994.49%
Asian1703.68%
Black or African American501.08%
Two or more races350.76%
Native American00%
Native Hawaiian or Pacific Islander00%
Other race00%

White

Asian

Black or African American

Two or more races

Native American

Native Hawaiian or Pacific Islander

Other race

Prospect Population by Race

Prospect Population Pyramid 2024

Prospect Median Age

56.2

Total

56.2

Male

56.1

Female

Prospect Adults

There are 3,881 adults, (1,631 of whom are seniors) in Prospect.

Prospect Age Dependency

105.5

Age Dependency Ratio

72.5

Old Age Dependency Ratio

33

Child Dependency Ratio

Prospect Sex Ratio

Female2,40952.1%
Male2,21547.9%

Prospect Population by Age

Prospect Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All1,9752.3494.95.1
Married1,4222.68991
Non Family4781.178614
Female493.4759.240.8
Male263.041000

2.7

Average Family Size

2.34

Average Household Size

94.9%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Prospect Households and Families

Male

Female

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

The highest rate of bachelors degrees is among asian people with a rate of 94.2%.

Prospect Educational Attainment by Race

All

Male

Female

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$106,905

Average Earnings

$142,800

Average Male

$70,147

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

93.44% of Prospect residents speak only English, while 6.56% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 3.16% of the population.

Prospect Language

Prospect Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White4,323621.43%
Multiple35617.14%

1.47%

Overall Poverty Rate

0.86%

Male Poverty Rate

2.03%

Female Poverty Rate

Poverty in Prospect

The race most likely to be in poverty in Prospect is Multiple, with 17.14% below the poverty level.

The race least likely to be in poverty in Prospect is White, with 1.43% 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 2.16%, and for those that did not work, the poverty rate was 3.2%.

Prospect Poverty

rate

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Rate
Poverty
High School13.79%
Bachelors or Greater1.18%
Some College0.96%
Less Than 9th Grade0%

Prospect Poverty Rate by Education

rate

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Rate
Poverty
Male Employed0%
Male Unemployed0%
Female Employed0%
Female Unemployed0%

Prospect Poverty Rate by Employment Status and Sex

Prospect Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Prospect Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

71.6%

Overall Marriage Rate

75.0%

Male Marriage Rate

68.5%

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 45-54.

Prospect Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Prospect Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

192

Number of Veterans

173

Male Veterans

19

Female Veterans

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Prospect Veterans by War

count

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Prospect Veterans by Age

count

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Prospect Veterans by Race

Prospect Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

4.17%

Veteran Poverty Rate

30.73%

Veteran Disability Rate

Prospect Veterans by Education

LaborForceParticipation

57.1%

Labor Force Participation

54.4%

Employment Rate

4.7%

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

48.23%

Born in Prospect

92.52%

Native Born

7.48%

Foreign Born

2.27%

Non Citizen

5.21%

Naturalized

Place of Birth

92.52% of Prospect residents were born in the United States, with 48.23% having been born in Kentucky. 2.27% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Prospect Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20294,456-16-0.36%
20284,472-15-0.33%
20274,487-16-0.36%
20264,503-15-0.33%
20254,518-16-0.35%
20244,534-15-0.33%
20234,549-16-0.35%
20224,565-19-0.41%
20214,584-12-0.26%
20204,596-314-6.4%
20194,910-3-0.06%
20184,913-4-0.08%
20174,917210.43%
20164,896200.41%
20154,876250.52%
20144,851290.6%
20134,822511.07%
20124,771400.85%
20114,731330.7%
20104,69800%
20004,6571,86967.04%
19902,788-1,668-37.43%

Prospect Population by Year