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Prospect, PA

Full City Profile · Pennsylvania · Lawrence County County

3.6 /5.0
B+ Good
1,104 Population 271/sq mi density
$81,042 Median Income $35,854 per capita
$170,600 Home Value $278,489 Zillow
$885 Median Rent 17.3% income on rent
50°F Avg Temperature 275 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$81,042 median income, 3.3% unemployment
A+
Affordability
5.0 / 5.0
$170,600 home value, $885/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.6 / 5.0
19.8% bachelor's degree or higher

Prospect, PA

At a Glance

Median Income
$81,042
8% above
$35,854 per capita
Home Value
$170,600
39% below
Zillow: $278,489
Median Rent
$885/mo
24% below
17.3% of income on rent
Violent Crime
0/100K
100% below
179/100K property
Bachelor's Degree+
19.8%
41% below
97.6% high school+
Unemployment
3.3%
8% below
4.0% poverty rate
Obesity Rate
31.9%
1% below
21.8% smoking rate
Avg Temperature
50°F
275 sunny days/yr

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)

Income
108%
Home Value
61%
Rent
76%
Poverty
32%
Bachelor's
59%
Unemployment
92%
Crime
0%
Thin vertical line = U.S. national average (100%)

Is Prospect a Good Place to Live?

B+
3.6 / 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 3.3% (8% below 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 $278,489. 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.

Safety & Crime

Prospect reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 179/100K. The murder rate is 0.0/100K.

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 50°F (10°C). Winters average 28°F in January while summers reach 72°F in July. The area gets 275 sunny days per year. Annual precipitation totals 40.3 inches. Air quality is rated Good with a median AQI of 40.

Data Overview

People

Population1,104
Median Age45.5 yrs
Density271/mi²
Male / Female44% / 56%
Foreign Born13.6%
Veterans8.9%

Economy

A
Median Income$81,042
Per Capita$35,854
Unemployment3.3%
Poverty4.0%
County GDP$4,200M
Avg Weekly Wage$1,018

Housing

A+
Home Value$170,600
Rent$885
Ownership90.7%
Zillow$278,489
Housing Units434
Rent Burden17.3%

Crime

C+
Violent0/100K
Property179/100K
Murder0.0/100K
Assault0/100K
Burglary90/100K

Health

Obesity31.9%
Diabetes10.3%
Smoking21.8%
Heart Disease6.1%
Premature Death11,919/100K

Climate

Avg Temp50°F
Sunny Days275/yr
Rain40.3 in/yr
AQI40 (Good)
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.
15.2% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 143 Mbps.
There are 164 restaurants in the area.
The county recorded 7 fatal vehicle crashes.