Pros and Cons of Living In Prospect, Kentucky. Is Prospect, KY a Nice Place To Live or Retire?

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Prospect, Kentucky

Moving to Prospect In Kentucky ? Is Prospect, KY a Nice Place To Live? Pros and Cons of Living in Prospect, Kentucky. Find out the best and worst about to live, raise a family or retire in Prospect.

Prospect is a home rule-class city in Jefferson and Oldham counties in the U.S. state of Kentucky. The Jefferson County portion is a part of the Louisville Metro government. The population was 4,592 as of the 2020 census, down from 4,698 at the time of the 2010 census. It is one of the wealthiest communities in Kentucky.

DEMOGRAPHICS

Population
4896
Unemployment
1.7%
64% NAT AVG.
Poverty
0.8%
94% NAT AVG.

ECONOMICS

Median Home Cost
$388300
69% NAT AVG.
Median Income
$145511
116% NAT AVG.
Median Rent
$1140
2% NAT AVG.
Overall Score
10

CRIME REPORT

Total Crime
34
71% NAT. AVG.
66% STATE AVG.
Violent Crime
0
100% NAT. AVG.
100% STATE AVG.
Property Crime
34
65% NAT. AVG.
61% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 125
Unemployed People
1 in 59
People Earning < $10,000
1 in 143
People Earning < $50,000
17.9%
People With Any Degree
1 in 1.3

ETHNICITY

Ethnicity Prospect USA
White 88% 60.1%
African American 3.9% 12.2%
American Indian 0% 0.6%
Asian 5.7% 5.6%
Hawaiian 0% 0.2%
Multiracial 0% 2.8%
Hispanic 2% 18.2%
Other 0.4% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Prospect USA
Less than $10,000 0.7% 5.8%
$10,000 to $14,999 1.7% 4.1%
$15,000 to $24,999 2% 8.5%
$25,000 to $34,999 5% 8.6%
$35,000 to $49,999 8.5% 12.0%
$50,000 to $74,999 10.7% 17.2%
$75,000 to $99,999 8.9% 12.8%
$100,000 to $149,999 15.1% 15.6%
$150,000 to $199,999 13.2% 7.1%

EDUCATION

Education Prospect USA
< 9th Grade 2% 5.0%
9-12th Grade 0% 7.0%
High School or GED 8% 27.0%
Other College 12% 20.0%
Associate's Degree 4% 9%
Bachelor's Degree 37% 20.0%
Master's Degree 19% 9.0%
Professional Degree 11% 2.0%
Doctorate Degree 7% 1.0%
Prospect is a city in Kentucky state in USA with a population of 4896 residents.. The poverty rate of Prospect is 0.8%, which is 94% lower than national average. The typical household in Prospect earns $145511 a year, compared to the national median of $67,500. Nearly 17.9% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Prospect remained 1.7%, which is 64% lower than national rate.

Cost of living in Prospect is 0, which is 100% lower than national average. In Prospect, only 74% of adults have a bachelor's degree and 16% have some college but no degree. Median home value in Prospect is $388300 , which is 69% higher than national average. While median income in Prospect remained $145511, which is 116% higher than national average.
Prospect Scorecard

Jobs95%

Housing85%

Affordability85%

Safety90%

Amenities80%

Diversity60%

Education100%

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