Population 19,883 · Census ACS 2020–24
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Population and households in Prospect
Household size in Prospect
| Period | Prospect | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.85 | 2.51 | 2.51 | 2.68 |
| 2010–14 | 2.78 | 2.55 | 2.53 | 2.73 |
| 2015–19 | 2.77 | 2.55 | 2.52 | 2.71 |
| 2020–24 | 2.62 | 2.50 | 2.51 | 2.65 |
| Change | −0.23 | −0.01 | −0.00 | −0.03 |
Households in Prospect average 2.62 people, about the same as the country as a whole (2.65). The typical household here is bigger than in the wider Louisville area, where it has 2.50 people. Household size has dropped from 2.85 in 2006–10, a much bigger shift than nationally.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Prospect
| Period | Prospect | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 41.9 | 38.5 | 38.5 | 37.7 |
| 2010–14 | 45.1 | 39.4 | 39.3 | 38.6 |
| 2015–19 | 45.4 | 40.0 | 40.0 | 39.6 |
| 2020–24 | 47.1 | 40.2 | 39.9 | 40.1 |
| Change | +5.1 | +1.7 | +1.5 | +2.3 |
Prospect skews older: half of its residents are older than 47.1, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families. Since 2006–10, the median age has climbed from 41.9, as it has nationally. Only one other Kentucky city with 5,000+ people is older.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Prospect
| Period | Prospect | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.1% | 12.6% | 11.7% | 12.3% |
| 2010–14 | 4.5% | 12.6% | 11.9% | 12.3% |
| 2015–19 | 3.5% | 11.6% | 11.8% | 11.6% |
| 2020–24 | 5.5% | 12.4% | 11.9% | 11.6% |
| Change | −0.7 pts | −0.2 pts | +0.2 pts | −0.6 pts |
Single parents head only 5.5% of households in Prospect, well below the national share of 11.6%. The single-parent share is down 0.7 points from 2006–10, in line with the national trend. Of the 146 Kentucky cities with 5,000+ people, only two have a lower share of single-parent households.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Prospect
Renters in Prospect
| Period | Prospect | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 5.4% | 30.5% | 30.1% | 33.3% |
| 2010–14 | 6.6% | 32.3% | 32.3% | 35.6% |
| 2015–19 | 9.8% | 32.5% | 32.8% | 36.0% |
| 2020–24 | 11.7% | 31.1% | 31.7% | 34.8% |
| Change | +6.4 pts | +0.6 pts | +1.5 pts | +1.5 pts |
Only 11.7% of households in Prospect rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 36.7% have no mortgage at all, below the national share of 39.8%. Since 2006–10, the renter share has risen 6.4 points, a much bigger shift than nationally. Of the 146 Kentucky cities with 5,000+ people, only eight have a lower share of renters.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Prospect
| Period | Prospect | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.3% | 9.8% | 12.2% | 11.4% |
| 2010–14 | 5.0% | 9.8% | 11.9% | 11.4% |
| 2015–19 | 8.8% | 9.8% | 12.3% | 11.1% |
| 2020–24 | 6.8% | 7.9% | 10.6% | 9.6% |
| Change | −0.5 pts | −1.9 pts | −1.6 pts | −1.8 pts |
Vacancy is on the low side in Prospect: 6.8% of homes sit empty, against 9.6% nationally, which points to steady demand for housing. The picture is much the same across the Louisville area.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Prospect
| Period | Prospect | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 1994 | 1975 | 1977 | 1974 |
| 2010–14 | 1996 | 1976 | 1979 | 1975 |
| 2015–19 | 1997 | 1976 | 1980 | 1977 |
| 2020–24 | 1999 | 1980 | 1982 | 1980 |
| Change | +6 | +5 | +5 | +6 |
Prospect has newer housing than the country as a whole: the median home was built in 1999, versus 1980 nationally. The median year built has moved up from 1994 in 2006–10, a sign of steady new building. Newer construction is concentrated in the southeast, while the west has the oldest housing. Only three of the 146 Kentucky cities with 5,000+ people have newer homes.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Prospect
| Period | Prospect | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,566 | $769 | $657 | $965 |
| 2010–14 | $1,532 | $826 | $728 | $1,040 |
| 2015–19 | $1,370 | $928 | $814 | $1,213 |
| 2020–24 | $1,877 | $1,200 | $1,024 | $1,571 |
| Change | +$311 | +$431 | +$367 | +$606 |
A typical rental in Prospect costs $1,877 a month with utilities, above the national median of $1,571. Rent has climbed $311 a month since 2006–10, up 20%, a slower climb than the nation's. Rent takes 31.4% of the typical renter's income, just over the 30% mark often used to define affordable rent. Only one other Kentucky city with 5,000+ people has higher rents.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Prospect
Bachelor's degrees in Prospect
| Period | Prospect | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 66.8% | 24.9% | 21.3% | 28.4% |
| 2010–14 | 68.7% | 26.7% | 22.5% | 29.6% |
| 2015–19 | 72.2% | 29.0% | 24.5% | 32.1% |
| 2020–24 | 71.4% | 32.8% | 27.6% | 35.6% |
| Change | +4.6 pts | +7.9 pts | +6.2 pts | +7.2 pts |
Prospect is highly educated: about seven in ten adults 25 and older (71.4%) hold at least a bachelor's degree, far above the national share of 35.6%. Since 2006–10, the share with a degree has risen 4.6 points, as it has nationally. No other Kentucky city with 5,000+ people has a higher share of college graduates.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Prospect
| Period | Prospect | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 97.0% | 86.4% | 81.7% | 84.9% |
| 2010–14 | 97.6% | 87.8% | 83.9% | 86.1% |
| 2015–19 | 97.9% | 90.1% | 86.4% | 87.7% |
| 2020–24 | 98.4% | 91.1% | 88.8% | 89.3% |
| Change | +1.4 pts | +4.7 pts | +7.2 pts | +4.3 pts |
Finishing high school is nearly universal in Prospect: 98.4% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma is up 1.4 points from 2006–10, a smaller shift than nationally. Of the 146 Kentucky cities with 5,000+ people, only two have a higher share of high school graduates.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Prospect
| Period | Prospect | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 3.6% | 8.4% | 8.4% | 8.1% |
| 2010–14 | 4.5% | 9.1% | 9.5% | 9.4% |
| 2015–19 | 3.0% | 5.2% | 5.8% | 5.6% |
| 2020–24 | 4.4% | 4.8% | 5.1% | 5.4% |
| Change | +0.9 pts | −3.6 pts | −3.3 pts | −2.7 pts |
Jobs have been a little easier to find in Prospect than nationally: unemployment was 4.4%, against 5.4%. Unemployment has edged up 0.9 points since 2006–10, even as the national rate fell. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Prospect compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Prospect | 2.62 | 47.1 | 5.5% | 11.7% | 6.8% | 1999 | $1,877 | 71.4% | 98.4% | 4.4% |
| Green Spring | 2.56 | 54.8 | 3.0% | 5.3% | 0.3% | 1992 | $2,287 | 75.8% | 99.8% | 1.4% |
| Brownsboro Farm | 2.78 | 41.9 | 4.8% | 4.1% | 3.0% | 1965 | $1,619 | 71.2% | 97.4% | 4.3% |
| Barbourmeade | 2.72 | 43.2 | 4.4% | 7.4% | 3.0% | 1968 | $1,630 | 67.8% | 97.9% | 4.1% |
| Ten Broeck | 2.18 | 60.5 | 1.5% | 1.0% | 1.2% | 2001 | $1,499 | 68.5% | 99.8% | 2.1% |
| Spring Valley | 2.86 | 43.4 | 4.0% | 1.6% | 3.3% | 1966 | $1,619 | 71.8% | 99.6% | 3.3% |
| Utica | 2.28 | 41.8 | 10.9% | 26.1% | 5.6% | 1993 | $1,331 | 41.2% | 94.0% | 3.2% |
| Langdon Place | 2.49 | 36.4 | 10.5% | 48.7% | 3.8% | 1981 | $1,601 | 39.2% | 95.6% | 1.7% |
| Worthington Hills | 2.68 | 32.2 | 13.5% | 40.5% | 4.0% | 1994 | $1,663 | 42.3% | 93.6% | 5.5% |
| Goshen | 2.94 | 38.8 | 11.0% | 11.6% | 4.7% | 1990 | $1,963 | 63.1% | 98.7% | 3.6% |
| Plantation | 2.34 | 39.2 | 5.8% | 33.7% | 2.4% | 1985 | $1,539 | 44.3% | 95.1% | 1.5% |
All figures 2020–24.
Cities with similar populations: Coamo, PR · Uvalde, TX · Utuado, PR · Universal City, TX · Truckee, CA · Tinton Falls, NJ · East Greenwich, RI · Deridder, LA · Crestwood, KY · Cottage Lake, WA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Prospect. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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