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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

Change Over Time (2013, 2023)

Population Change
-4%
4,822 → 4,627
over 10 years
Annual Pop. Growth
-0.41%
Compound annual growth rate
Median Income Change
+43.6%
$120,000 → $172,361
nominal, not inflation-adjusted
Annual Income Growth
+3.69%
Compound annual growth rate

Population Over Time

Total population for Prospect across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013, 2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts, real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
4,496
-131 from 2023 (4,627)
Projected Median Income 2030
$222,125
+$49,764 from 2023 ($172,361)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 4,822 - $120,000 -
2015 4,876 +1.1% $122,731 +2.3%
2017 4,917 +0.8% $113,711 -7.3%
2019 4,910 -0.1% $145,511 +28%
2021 4,569 -6.9% $160,960 +10.6%
2023 4,627 +1.3% $172,361 +7.1%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.