Prospect, Louisiana Demographics & Population 2026
During the 2020–2024 ACS period, Prospect, Louisiana had a total population of 378, the 386th largest community in Louisiana, with a median household income of $89,688, which is 48% higher than the state average. The poverty rate is 6.1%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 48% above the state average — one of the wealthiest communities in Louisiana.
- Housing is very affordable with a home-value-to-income ratio of just 1.9x.
Prospect Quick Facts
How Prospect Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 488 | 378 | -22.5% |
| Median home value | $167,900 | $173,000 | +3.0% |
How Prospect Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 59 | National average: 61
Education
Educational Attainment (Adults 25+)
Prospect Rankings in Louisiana
Explore Louisiana Rankings
Other Cities in Grant Parish
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Colfax | 1,240 | $26,250 | 37.3% | $73,400 |
| Montgomery | 941 | $57,470 | 5.7% | $78,100 |
| Pollock | 460 | $34,583 | 20.1% | $114,800 |
| Rock Hill | 438 | N/A | 17.6% | $162,100 |
| Dry Prong | 369 | $61,625 | 17.6% | $197,500 |
| Georgetown | 340 | $45,750 | 42.4% | $68,800 |
| Creola | 221 | $61,250 | 46.8% | N/A |
Cities Similar to Prospect
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Sun | 381 | N/A | $160,700 | 17.5% | 11.6% |
| Kilbourne | 384 | N/A | $75,700 | 8.9% | 19.3% |
| Crescent | 376 | $83,056 | $215,200 | 28.0% | 1.3% |
| Simpson | 395 | $90,313 | $147,200 | 9.9% | 9.1% |
| Natchez | 351 | N/A | $66,900 | 0.7% | 47.9% |
A note before these figures: with a population of 378, Prospect's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Prospect is a small community located in Louisiana, within Grant Parish. The total population is 378. It ranks as the 386th most populous out of 488 Census-designated places in Louisiana.
Age Demographics
The median age in Prospect is 32.7 years. This is 14% lower than the state median of 38.0 years.
Economy, Income & Housing
The median household income in Prospect is $89,688. This is 48% higher than the state median of $60,756. It is also 11% higher than the national median of $80,734. The poverty rate stands at 6.1%. This is 68% lower than the state poverty rate of 18.9%. The survey records no unemployed residents in Prospect, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $173,000. Housing costs are 20% lower than the state median of $216,500. With a home-value-to-income ratio of just 1.9x, Prospect is one of the most affordable housing markets in the area. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 48% higher than the state average of 67.4%.
Race & Ethnicity
Prospect has a predominantly White (non-Hispanic) population, comprising 86.0% of all residents. Asian residents account for 9.8%. The White (non-Hispanic) population is significantly higher than the state average (86.0% vs 55.7%). The Asian population is significantly higher than the state average (9.8% vs 1.7%).
Education
10.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 62% lower than the state rate of 27.0%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 82.7%.
Data Sources & Methodology
All demographic data for Prospect, Louisiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Louisiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 488 Census-designated places in Louisiana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Prospect, Louisiana?
Prospect, Louisiana has a population of 378 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Prospect, LA?
The median household income in Prospect is $89,688, which is 11% higher than the national median of $80,734.
What is the poverty rate in Prospect, LA?
The poverty rate in Prospect is 6.1%. This means approximately 23 residents live below the federal poverty line.
What is the racial makeup of Prospect, Louisiana?
Prospect's population is 86.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 9.8% Asian.
What is the median home value in Prospect, LA?
The median home value in Prospect is $173,000. The home-value-to-income ratio is 1.9x.
How educated is Prospect, Louisiana?
10.3% of adults (25+) in Prospect hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.