Prospect, IN

Indiana

Prospect is a small town in Indiana with a population of 102.

5.0 /5.0
A+ Excellent
102 Population 117/sq mi density
N/A Median Income $22,257 per capita
$215,000 Home Value
N/A Median Rent
56°F Avg Temperature
A+
Overall
5.0 / 5.0
Excellent overall score based on economy, affordability, safety and education
A+
Education
5.0 / 5.0
0.0% bachelor's degree or higher
Home Value $215,000
24% lower than US avg
Bachelor's+ 0.0%
100% lower than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 10.8%
13% lower than US avg

How Prospect Compares to the U.S. Average (100% = U.S. avg)

People

Population102
Median Age63.9 yrs
Density117/mi²
Male / Female59% / 41%
Largest GroupWhite 100%
Veterans0.0%

Economy

Median IncomeN/A
Per Capita$22,257
Unemployment0.0%
Poverty10.8%
County GDP$992M
Commute13 min

Housing

Home Value$215,000
RentN/A
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

ObesityN/A
UninsuredN/A

Climate

Avg Temp56°F
AQI41 (Good)
Rain50.0 in/yr
Elevation489 ft

Education

A+
Bachelor's+0.0%
High School+100.0%
School Score6.01

Community

2024 VoteR 75% / D 23%
Commute13 min
Broadband65.0%
Libraries3

Is Prospect a Good Place to Live?

Based on current data, Prospect receives an overall livability score of 5.0 out of 5.0, earning a grade of A+. Key strengths include low unemployment, affordable housing. Prospect stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The job market is very strong with unemployment at just 0.0%. 10.8% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 13 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Prospect is $215,000, 24% below the national median — offering relatively affordable homeownership.

Education

0.0% of residents hold a bachelor's degree, below the national average of 33.7%. 100.0% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Prospect enjoys a moderate climate with an average annual temperature of 56°F. Winters average 32°F in January while summers reach 77°F in July. Annual precipitation totals 50.0 inches, including 13.6 inches of snow. Air quality is rated Good with a median AQI of 41.

Prospect has a population of 102 with a density of 117 people per square mile. The median age is 63.9 years, 64% older than the national median of 38.9. The city is predominantly White (100%).

Population

102
Total Population
117
People / sq mi
63.9yrs
Median Age
64% above US avg
0.9mi²
Land Area

Gender Distribution

Male 58.8%
Female 41.2%

Race & Ethnicity

Prospect vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Prospect vs U.S. Average

The median household income in Prospect is N/A. The unemployment rate is 0.0% (below the 3.6% US average). 10.8% of residents live below the poverty line. Workers commute an average of 13 minutes.

Income: Prospect vs U.S.

Commute Mode

Income

Per Capita Income$22,257
Avg Weekly Wage$867
IRS Avg AGI$54,247

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate10.8%
13% below US avg
Establishments (County)400
County GDP$992M

Business (County)

Restaurants43
Healthcare45
Retail61
Manufacturing21

Tax & Cost of Living

Property Tax (IRS)$2,643
24% below US avg
Effective Tax Rate1.23%

Commute & Transportation

Commute Time13.3 min
Drive Alone100.0%
Public Transit0.0%
Work from Home0.0%

Walkability

The median home value in Prospect is $215,000, 24% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$215,000
24% below US avg

Real Estate Market (Redfin)

Rental Costs

HUD Fair Market Rent

Studio$816
1 Bedroom$882
2 Bedrooms$1,096
3 Bedrooms$1,391
4 Bedrooms$1,590

Ownership & Property

Owner-Occupied43.1%

Property Tax

Avg Tax (IRS)$2,643
24% below US avg
Effective Rate1.23%

Health Metrics: Prospect vs U.S. Average (%)

Chronic Conditions

Behaviors & Mental Health

Healthcare Access

Insurance Rate81.4%
Premature Death9,621/100K

Food & Exercise

Food Environment7.9/10
Exercise Access69.9%
Healthcare Facilities45

Crime Rates: Prospect vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)2

Safety Score

Prospect has an average annual temperature of 56°F (13°C). Winters average 32°F in January while summers reach 77°F in July. Annual precipitation is 50.0 inches. Air quality is rated Good with a median AQI of 41.

Temperature

32°F Jan (0°C) 77°F Jul (25°C)
Annual Average55.6°F
3% above US avg
January Average32°F (0°C)
July Average77°F (25°C)

Precipitation & Snow

Annual Rainfall50.0 inches
32% above US avg
Snowfall13.6 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation489 ft (149 m)
Area0.9 sq mi (2.3 km²)
Population Density117/sq mi
Coordinates38.5867°N, 86.6164°W
County FIPS18117
It is classified as Nonmetro — Rural, adjacent. 0.0% of residents hold a bachelor's degree or higher (100% below US avg). In the 2024 election, the county voted Republican by a 52.2-point margin. 65.0% of households have broadband internet.

2024 Presidential Election (County)

R 75.3%
D 23.1%

Winner: Republican by 52.2 points

Education

Bachelor's Degree+0.0%
100% below US avg
High School+100.0%
School Test Score6.01
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 8Nonmetro — Rural, adjacent
Population Density117/sq mi
Total Area0.9 sq mi

Infrastructure & Services

Broadband Access65.0%
Public Libraries3
Healthcare Facilities45
Restaurants43
Retail Stores61

Safety & Disasters

Fatal Crashes (County/yr)2

Commute & Transportation

Avg Commute13.3 min
Drive Alone100.0%
Public Transit0.0%
Work from Home0.0%

Nearby Cities

Compare Prospect with another city: