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Prospect, KY

Full City Profile · Kentucky · Oldham County County

4.0 /5.0
A Great
4,518 Population 1,180/sq mi density
$172,361 Median Income $98,261 per capita
$494,000 Home Value $612,615 Zillow
$1,287 Median Rent 30.6% income on rent
58°F Avg Temperature 293 sunny days/yr
20 Violent Crime/100K 908 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.9 / 5.0
$172,361 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$494,000 home value, $1,287/mo rent
F
Safety
1.0 / 5.0
20 violent crimes/100K
A+
Education
5.0 / 5.0
71.4% bachelor's degree or higher

Income Overview

Median Household Income
$172,361
129% above
US avg: $75,149
Per Capita Income
$98,261
152% above
US avg: $39,052
Unemployment Rate
2.5%
31% below
US avg: 3.6%
Poverty Rate
2.3%
81% below
US avg: 12.4%

Income Comparison: Prospect vs. U.S. Average

Each bar shows Prospect’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$172,361
229%
Per Capita
US: $39,052
$98,261
252%
IRS Avg AGI
US: $72,000
$122,342
170%
Avg Weekly Wage
US: $1,432
$1,311
92%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,311
8% below US avg ($1,432)
Mean Commute Time
22 min
20% below US avg (28 min)
Work From Home
19.3%
27% above US avg (15.2%)
Drive Alone
68.4%
7% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$3,011M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 68.4%
Public Transit 0%
Work From Home 19.3%
Other 12.3%
Average commute time
22 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,480
Restaurants
81
Healthcare
162
Retail
108
Manufacturing
41

Tax & Financial

IRS Avg Adjusted Gross Income
$122,342
70% above US avg ($72,000)
Avg Property Tax
$5,979
71% above US avg ($3,500)
Cost of Living Index
90.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$172,361
Per Capita Income$98,261
IRS Avg Adjusted Gross Income$122,342
Avg Weekly Wage$1,311
County GDP$3,011M

Hardship Indicators

Unemployment Rate2.5%
Poverty Rate2.3%
Gini Coefficient0.440
Cost of Living Index90.2

Commute

Mean Commute22 minutes
Drive Alone68.4%
Public Transit0.0%
Work From Home19.3%

Businesses

Total Establishments2,480
Restaurants81
Healthcare162
Retail108
Manufacturing41

Tax

IRS Avg AGI$122,342
Avg Property Tax$5,979