Prospect, KY
Full City Profile · Kentucky · Oldham County County
Prospect, KY
At a Glance
How Prospect Compares to the U.S. Average
Each bar shows Prospect's value as a percentage of the national average (100% = U.S. avg)
Is Prospect a Good Place to Live?
Economy & Jobs
Prospect residents earn a median household income of $172,361 , which is 129% above the national average of $75,149. Per capita income is $98,261. The unemployment rate stands at 4.5% (25% above the U.S. rate of 3.6%). 2.3% of residents live below the poverty line. The area is home to 2,480 business establishments, including 81 restaurants.
Housing & Cost of Living
The median home value in Prospect is $494,000 , 75% above the national median of $281,900. Zillow estimates the typical home at $632,363. Median rent is $1,287/month, with 30.6% of renters spending more than 30% of income on housing. The cost of living index is 90.2 (100 = national average). The median home was built in 1988.
Safety & Crime
Prospect reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 703/100K.
Education
71.4% of adults in Prospect hold a bachelor's degree or higher (112% above the national average). 99.4% have completed high school. Local schools score 6.7/10 in standardized testing.
Climate & Weather
Prospect has an average annual temperature of 58°F (14°C). Winters average 35°F in January while summers reach 79°F in July. Annual precipitation totals 48.1 inches. Air quality is rated Good with a median AQI of 43.