At a Glance
Median Income
$39,808
$21,433 per capita
Home Value
$309,000
Zillow: $339,901
Median Rent
$744/mo
51.0% of income on rent
Bachelor's Degree+
14.0%
95.5% high school+
Unemployment
2.7%
12.6% poverty rate
Obesity Rate
34.5%
15.2% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Prospect a Good Place to Live?
C+
2.6 / 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 $39,808 , which is 47% below the national average of $75,149.
Per capita income is $21,433. The unemployment rate stands at 2.7% (25% below the U.S. rate of 3.6%). 12.6% of residents live below the poverty line. The area is home to 8,355 business establishments, including 644 restaurants.
Housing & Cost of Living
The median home value in Prospect is $309,000 , 10% above the national median of $281,900.
Zillow estimates the typical home at $339,901. Median rent is $744/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1975.
Education
14.0% of adults in Prospect hold a bachelor's degree or higher
(58% below the national average).
95.5% have completed high school. Local schools score 5.1/10 in standardized testing.
Climate & Weather
Prospect has an average annual temperature of 53°F (12°C).
Winters average 40°F in January while summers reach 70°F in July. Annual precipitation totals 41.3 inches. Air quality is rated Good with a median AQI of 41.
Data Overview
People
Population724
Median Age56.6 yrs
Density207/mi²
Male / Female50% / 50%
Foreign Born1.0%
Veterans19.5%
Economy
B
Median Income$39,808
Per Capita$21,433
Unemployment2.7%
Poverty12.6%
County GDP$13,469M
Avg Weekly Wage$1,113
Housing
C
Home Value$309,000
Rent$744
Ownership79.2%
Zillow$339,901
Housing Units269
Rent Burden51.0%
Health
Obesity34.5%
Diabetes10.5%
Smoking15.2%
Heart Disease6.3%
Premature Death8,096/100K
Climate
Avg Temp53°F
Rain41.3 in/yr
AQI41 (Good)
Elevation2,616 ft
Education
C
Bachelor's+14.0%
High School+95.5%
Graduate+5.8%
School Score5.1/10
Community
2024 VoteR 52% / D 45%
Commute37 min
Broadband77.3%
Internet Speed111 Mbps
EV Stations2
Libraries15
Did You Know?
The median home in Prospect was built in 1975.
The nearest airport is Rogue Valley International - Medford (33 miles).
The Gini coefficient (income inequality) is 0.456 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
27.1% of the population has a disability.
Average internet download speed is 111 Mbps.
There are 644 restaurants in the area.
The county recorded 30 fatal vehicle crashes.
273 declared natural disasters on record.