Prospect, Australia

Full City Profile

2.3 /5.0

C Fair

4,722 Population 2/sq mi density

262 ft Elevation 80 meters

63°F Avg Temperature 17°C

Overall

2.3 / 5.0

Fair overall score based on economy, affordability, safety and education

C+

Economy

2.9 / 5.0

$28,426 median income, 4.0% unemployment

Affordability

1.8 / 5.0

$245,000 home value, $1,225/mo rent

Prospect, Australia

At a Glance

Median Income

$28,426

62% below

$28,426 per capita

Home Value

$245,000

13% below

Median Rent

$1,225/mo

5% above

Unemployment

4.0%

11% above

Avg Temperature

63°F

334 sunny days/yr

Is Prospect a Good Place to Live?

2.3 / 5.0 — Fair

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Prospect residents earn a median household income of $28,426 , which is 62% below the national average of $75,149. Per capita income is $28,426. The unemployment rate stands at 4.0% (11% above the U.S. rate of 3.6%). The area is home to 449 business establishments.

Housing & Cost of Living

The median home value in Prospect is $245,000 , 13% below the national median of $281,900. Median rent is $1,225/month.

Climate & Weather

Prospect has an average annual temperature of 63°F (17°C). Winters average 70°F in January while summers reach 54°F in July. The area gets 334 sunny days per year. Annual precipitation totals 31.3 inches.

Data Overview

People

Population4,722

Median Age38.0 yrs

Density2/mi²

Foreign Born42.7%

Economy

C+

Median Income$28,426

Per Capita$28,426

Unemployment4.0%

Poverty

Avg Weekly Wage$547

Housing

Home Value$245,000

Rent$1,225

Ownership78.5%

Housing Units1,889

Climate

Avg Temp63°F

Sunny Days334/yr

Rain31.3 in/yr

Elevation262 ft

Did You Know?

42.7% of residents are foreign-born.