Paoli vs Prospect

A side-by-side comparison of Paoli and Prospect: population, income, housing, and more.

Paoli and Prospect are places in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Paoli has the higher population (3,274 vs 102 in Prospect). Prospect has the higher median home value ($215,000 vs $134,300 in Paoli). Since 2019, Paoli's population has grown faster (-10.7% vs -76.0%).

Population, income & housing

	Paoli	Prospect
Population	3,274	102
Median age	36.3 yrs	63.9 yrs
Median household income	$45,926	—
Median home value	$134,300	$215,000
Median gross rent	$827	—
Housing units	1,571	115
Homeownership rate	62.0%	43.1%
Bachelor's degree or higher	13.2%	0.0%
Unemployment rate	4.2%	0.0%

Trends (ACS 5-year, 2019–2023)

	Paoli	Prospect
Population	3,665 → 3,274 (-10.7%)	425 → 102 (-76.0%)
Median household income	$37,449 → $45,926 (+22.6%)	—
Median home value	$82,700 → $134,300 (+62.4%)	$195,100 → $215,000 (+10.2%)
Median gross rent	$703 → $827 (+17.6%)	—

Paoli

Population

3,6653,274

Median household income

$37,449$45,926

Median home value

$82,700$134,300

Median gross rent

$703$827

Prospect

Population

425102

Median home value

$195,100$215,000

Age & race/ethnicity

Age distribution (share)

	Paoli	Prospect
Under 5	5.8%	0.0%
5 to 17	19.2%	0.0%
18 to 24	8.8%	24.5%
25 to 34	14.4%	0.0%
35 to 44	11.5%	0.0%
45 to 54	6.6%	0.0%
55 to 64	8.6%	52.9%
65 to 74	15.7%	14.7%
75 and over	9.5%	7.8%

Race & ethnicity (share)

	Paoli	Prospect
White (non-Hispanic)	86.3%	100.0%
Black or African American	0.3%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	9.6%	0.0%
Hispanic or Latino	3.8%	0.0%

Educational attainment (age 25+)

Share of adults 25+

	Paoli	Prospect
No high school diploma	12.8%	0.0%
High school graduate	48.2%	89.6%
Some college or associate's	25.8%	10.4%
Bachelor's degree	7.7%	0.0%
Graduate or professional degree	5.5%	0.0%

Commute to work

How workers get to work (share)

	Paoli	Prospect
Drove alone	79.4%	100.0%
Carpooled	12.6%	0.0%
Public transit	0.0%	0.0%
Walked	0.9%	0.0%
Bicycle	0.0%	0.0%
Worked from home	7.1%	0.0%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Paoli	Prospect
1-unit, detached	67.9%	90.4%
1-unit, attached	1.3%	0.0%
2 to 4 units	7.0%	0.0%
5 to 19 units	7.7%	0.0%
20 or more units	1.2%	0.0%
Mobile home & other	15.0%	9.6%

Poverty & households

	Paoli	Prospect
Poverty rate	21.5%	10.8%
Average household size	2.36	1.57
Mean commute (minutes)	23	—
Median year structure built	1968	1938