Prospect, Kentucky Population 2020

4,971
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Prospect is a city located in Kentucky. With a 2020 population of 4,971, it is the 79th largest city in Kentucky and the 4767th largest city in the United States. Prospect is currently growing at a rate of 0.46% annually and its population has increased by 5.81% since the most recent census, which recorded a population of 4,698 in 2010. Spanning over 4 miles, Prospect has a population density of 1,297 people per square mile.

The average household income in Prospect is $187,996 with a poverty rate of 1.54%. The median rental costs in recent years comes to $1,071 per month, and the median house value is $381,700. The median age in Prospect is 54.4 years, 55.2 years for males, and 54 years for females. For every 100 females there are 90.4 males.

Prospect Demographics

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

  • White: 90.73%
  • Asian: 5.27%
  • Black or African American: 3.47%
  • Other race: 0.53%
  • Native American: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
  • Two or more races: 0.00%
The current population of Prospect, Kentucky is 4,971, based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 4,925.The last official US Census in 2010 recorded the population at 4,698.

Prospect, Kentucky Population 2020

Population by Race

Race Population Percentage
White4,42490.73%
Asian2575.27%
Black or African American1693.47%
Some Other Race260.53%
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Prospect Population Pyramid 2020

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Prospect Median Age

54.4


Total

55.2


Male

54


Female

Prospect Adults

There are 3,864 adults, (1,387 of whom are seniors) in Prospect.

Prospect Age Dependency

96.9

Age Dependency Ratio

56

Old Age Dependency Ratio

40.9

Child Dependency Ratio

Prospect Sex Ratio

Female

2,561

52.52%

Male

2,315

47.48%

Prospect Households and Families

Prospect Renter vs Owner Occupied by Household Type

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Prospect Household Types

Type Owner Renter
Married97.3%2.7%
All94.1%5.9%
Non Family89.1%10.9%
Female70%30%
Male38.1%61.9%

94.1%

Rate of Home Ownership

Type Count Average Size Owned
All2,0172.4294.1
Married1,4872.8297.3
Non Family4491.0489.1
Female602.770
Male212.2938.1

2.8

Average Family Size

2.42

Average Household Size

0.4%

Unmarried (Opposite Sex)

0.5%

Unmarried (Same Sex)

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Prospect Education

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Education Attained Count Percentage
Less Than 9th Grade270.73%
9th to 12th Grade70.19%
High School Graduate2637.12%
Some College46312.53%
Associates Degree1564.22%
Bachelors Degree1,30835.41%
Graduate Degree1,47039.79%
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Prospect Educational Attainment by Race

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Name Total High School Bachelors
White3,3073,2802,529
Asian179179165
Black15514843
Hispanic535341

The highest rate of high school graduation is among asian people with a rate of 100.00%.

The highest rate of bachelors degrees is among asian people with a rate of 92.18%.

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Name Average Male Female
Overall$72,400$103,996$52,781
Less Than High School$$$
High School Grad$27,824$21,563$28,241
Some College$49,931$58,125$30,521
Bachelors Degree$59,250$70,139$49,688
Graduate Degree$133,207$186,979$117,692

$72,400

Average Earnings

$103,996

Average Male

$52,781

Average Female

Prospect Language

Prospect Language by Age

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Prospect Language

92.72% of Prospect residents speak only English, while 7.28% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 4.50% of the population.

Prospect Poverty

Prospect Poverty by Race

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1.54%

Overall Poverty Rate

1.64%

Male Poverty Rate

1.44%

Female Poverty Rate

Poverty in Prospect

The race most likely to be in poverty in Prospect is White, with 1.74% below the poverty level.

The race least likely to be in poverty in Prospect is White, with 1.74% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.00%. Among those working part-time, it was 2.93%, and for those that did not work, the poverty rate was 3.42%.

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Name Poverty
High School7.22%
Bachelors or Greater1.73%
Some College1.29%
Less Than High School0.00%
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Name Poverty
Male Unemployed60.00%
Female Unemployed27.03%
Female Employed0.00%
Male Employed0.00%

Prospect Income

Prospect Income by Household Type

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Name Median Mean
Households$131,078$187,996
Families$178,750$219,196
Married Families$183,640-
Non Families$45,795$78,006
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Prospect Marital Status

Prospect Marital Status

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Marriage Rates

72.0%

Overall Marriage Rate

75.8%

Male Marriage Rate

68.6%

Female Marriage Rate

Prospect Married by Age and Sex

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Prospect Marriage

The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 35-44.

Prospect Marital Status by Race

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Prospect Veterans

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297

Number of Veterans

261

Male Veterans

36

Female Veterans

War Veterans
Vietnam178
First Gulf War25
Second Gulf War25
Korea24
World War II
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Age Group Veterans
65 to 74166
75+59
55 to 6458
35 to 5414
18 to 34
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Name Veterans % of Total
White2757.82%
Black2214.19%

Prospect Veterans by Education

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2.69%

Veteran Poverty Rate

17.51%

Veteran Disability Rate

Prospect Employment Status

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63.6%

Labor Force Participation

61.4%

Employment Rate

3.4%

Unemployment Rate

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Origin of Non-Citizens

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

Origin of Naturalized Citizens

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54.66%

Born in Kentucky

92.74%

Native Born

7.26%

Foreign Born

1.48%

Non Citizen

5.78%

Naturalized

Place of Birth

92.74% of Prospect residents were born in the United States, with 54.66% having been born in Kentucky. 1.48% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Year Population Growth Annual Growth Rate
20204,971230.46%
20194,948230.47%
20184,92560.12%
20174,919230.47%
20164,896210.43%
20154,875240.49%
20144,851280.58%
20134,823521.09%
20124,771410.87%
20114,730320.68%
20104,698410.09%
20004,6571,8695.26%
19902,7880.00%