At a Glance
Median Income
$81,042
$35,854 per capita
Home Value
$170,600
Zillow: $301,033
Median Rent
$885/mo
17.3% of income on rent
Bachelor's Degree+
19.8%
97.6% high school+
Unemployment
5.8%
4.0% poverty rate
Obesity Rate
31.9%
21.8% 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?
B+
3.9 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Prospect residents earn a median household income of $81,042 , which is 8% above the national average of $75,149.
Per capita income is $35,854. The unemployment rate stands at 5.8% (61% above the U.S. rate of 3.6%). 4.0% of residents live below the poverty line. The area is home to 2,000 business establishments, including 164 restaurants.
Housing & Cost of Living
The median home value in Prospect is $170,600 , 39% below the national median of $281,900.
Zillow estimates the typical home at $301,033. Median rent is $885/month, with 17.3% of renters spending more than 30% of income on housing. The cost of living index is 97.6 (100 = national average). The median home was built in 1979.
Education
19.8% of adults in Prospect hold a bachelor's degree or higher
(41% below the national average).
97.6% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
Prospect has an average annual temperature of 49°F (9°C).
Winters average 26°F in January while summers reach 70°F in July. Annual precipitation totals 43.2 inches.
Data Overview
People
Population1,104
Median Age45.5 yrs
Density271/mi²
Male / Female44% / 56%
Foreign Born1.2%
Veterans8.9%
Economy
A
Median Income$81,042
Per Capita$35,854
Unemployment5.8%
Poverty4.0%
County GDP$4,200M
Avg Weekly Wage$1,018
Housing
A+
Home Value$170,600
Rent$885
Ownership90.7%
Zillow$301,033
Housing Units434
Rent Burden17.3%
Health
Obesity31.9%
Diabetes10.3%
Smoking21.8%
Heart Disease6.1%
Premature Death11,919/100K
Climate
Avg Temp49°F
Rain43.2 in/yr
Elevation1,323 ft
Education
C+
Bachelor's+19.8%
High School+97.6%
Graduate+4.0%
School Score6.0/10
Community
2024 VoteR 67% / D 33%
Commute29 min
Broadband91.7%
Internet Speed143 Mbps
EV Stations2
Libraries4
Did You Know?
Prospect was founded in 1797.
The median home in Prospect was built in 1979.
The nearest airport is Pittsburgh/Butler Regional (10 miles).
The Gini coefficient (income inequality) is 0.437 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
13.9% of the population has a disability.
Average internet download speed is 143 Mbps.
There are 164 restaurants in the area.
The county recorded 7 fatal vehicle crashes.