Prospect

Population: 4,518
Median household income: $172,361
Median home value: $494,000

Located in Jefferson County, Kentucky, Prospect is a community with a population of 4,518. The median household income of $172,361 is above the Jefferson County median ($67,849).

Between 2019 and 2023, Prospect's population declined 7.7% from 4,896 to 4,518, while its median home value rose 27.2% from $388,300 to $494,000.

68.4% of workers drive to work alone. 79.0% of homes are single-family detached houses.

Demographics

ACS 2019–2023

Population: 4,518
Median age: 55.2 yrs
Median household income: $172,361
Median home value: $494,000
Median gross rent: $1,287
Housing units: 2,059
Homeownership rate: 92.0%
Bachelor's degree or higher: 71.4%
Unemployment rate: 4.5%

Trends

ACS 5-year · 2019–2023

Population

4,8964,518

Median household income

$145,511$172,361

Median home value

$388,300$494,000

Median gross rent

$1,140$1,287

Year	Population	Median household income	Median home value	Median gross rent
2019	4,896	$145,511	$388,300	$1,140
2020	4,961	$152,973	$391,600	$1,129
2021	4,653	$160,960	$426,300	$1,147
2022	4,624	$173,528	$470,400	—
2023	4,518	$172,361	$494,000	$1,287

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 51.6%

5 to 1714.9%

18 to 246.8%

25 to 341.9%

35 to 448.2%

45 to 5416.2%

55 to 6416.4%

65 to 7416.6%

75 and over17.4%

	Count	Share
Under 5	72	1.6%
5 to 17	673	14.9%
18 to 24	307	6.8%
25 to 34	87	1.9%
35 to 44	372	8.2%
45 to 54	731	16.2%
55 to 64	739	16.4%
65 to 74	749	16.6%
75 and over	788	17.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	4,010	88.8%
Black or African American	225	5.0%
American Indian & Alaska Native	0	0.0%
Asian	209	4.6%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	56	1.2%
Hispanic or Latino (any race)	18	0.4%

Educational attainment (age 25+)

No high school diploma0.6%

High school graduate4.8%

Some college or associate's23.2%

Bachelor's degree36.3%

Graduate or professional degree35.1%

	Count	Share
No high school diploma	21	0.6%
High school graduate	167	4.8%
Some college or associate's	803	23.2%
Bachelor's degree	1,257	36.3%
Graduate or professional degree	1,218	35.1%

Commute to work

Mean travel time to work: 22 min

Drove alone68.4%

Carpooled11.7%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home19.3%

Other means0.5%

How workers get to work

	Count	Share
Drove alone	1,377	68.4%
Carpooled	236	11.7%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	389	19.3%
Other means	11	0.5%

Travel time

	Count	Share
Under 15 min	123	7.6%
15 to 29 min	1,182	72.8%
30 to 44 min	278	17.1%
45 to 59 min	24	1.5%
60+ min	17	1.0%

Households

Average household size: 2.31
Poverty rate: 2.2% (101 of 4,518)

	Count	Share
Family households	1,459	74.6%
Nonfamily households	498	25.4%

Housing

Median year structure built: 1988

Occupancy

	Count	Share
Occupied	1,957	95.0%
Vacant	102	5.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,800	92.0%
Renter-occupied	157	8.0%

1-unit, detached79.0%

1-unit, attached11.9%

2 to 4 units3.9%

5 to 19 units4.2%

20 or more units0.8%

Mobile home & other0.3%

Units in structure

	Count	Share
1-unit, detached	1,626	79.0%
1-unit, attached	244	11.9%
2 to 4 units	80	3.9%
5 to 19 units	86	4.2%
20 or more units	16	0.8%
Mobile home & other	7	0.3%

Geography

Place GEOID: 2163264
Type (LSAD): 25
Land area: 3.83 sq mi
Water area: 0.07 sq mi
Center point: 38.3469, -85.6089