Prospect Park, New Jersey Demographics & Population 2026
During the 2020–2024 ACS period, Prospect Park, New Jersey had a total population of 6,319, the 250th largest borough in New Jersey, with a median household income of $53,125, which is 49% lower than the state average. The poverty rate is 28.3%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 49% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (28.3%), well above the national average of 12.4%.
- Housing affordability is a challenge — homes cost 7.7x the median household income.
- Unemployment rate of 11.5% is notably above the national average.
Prospect Park Quick Facts
How Prospect Park 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 | 6,286 | 6,319 | +0.5% |
| Median household income | $48,615 | $53,125 | +9.3% |
| Median home value | $391,500 | $406,800 | +3.9% |
How Prospect Park 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
Moderate diversity with one or two groups making up the majority.
State average: 66 | National average: 61
Education
Educational Attainment (Adults 25+)
Prospect Park Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Passaic County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Paterson | 158,735 | $55,997 | 21.3% | $360,100 |
| Clifton | 89,379 | $98,237 | 7.9% | $461,900 |
| Passaic | 70,002 | $55,371 | 22.9% | $429,900 |
| Hawthorne | 19,628 | $110,237 | 4.0% | $533,700 |
| Preakness | 18,520 | $133,205 | 3.3% | $617,700 |
| Woodland Park | 13,355 | $98,845 | 3.8% | $497,600 |
| Ringwood | 11,657 | $152,414 | 2.5% | $449,800 |
| Wanaque | 11,206 | $113,175 | 5.9% | $400,700 |
| Pompton Lakes | 11,047 | $124,454 | 8.5% | $442,400 |
| Totowa | 10,959 | $113,563 | 4.1% | $559,300 |
Cities Similar to Prospect Park
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Rutgers University-Busch Campus | 5,920 | N/A | N/A | 87.7% | 0.0% |
| Paulsboro | 6,248 | $64,239 | $202,700 | 23.3% | 15.2% |
| Leisure Village | 5,751 | $44,542 | $145,800 | 26.1% | 42.2% |
| Mays Landing | 6,406 | $83,056 | $263,700 | 28.9% | 9.5% |
| Clementon | 5,410 | $62,979 | $223,500 | 23.3% | 10.8% |
Population Overview
Prospect Park is a small city located in New Jersey, within Passaic County. The total population is 6,319. It ranks as the 250th most populous out of 700 Census-designated places in New Jersey.
Age Demographics
The median age in Prospect Park is 36.2 years. This is 10% lower than the state median of 40.1 years. With 29.3% of the population under 18, Prospect Park has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Prospect Park is $53,125. This is 49% lower than the state median of $103,556. It is also 34% lower than the national median of $80,734. The poverty rate stands at 28.3%. This is 191% higher than the state poverty rate of 9.7%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 11.5%. This is 82% higher than the state rate of 6.3%. The median home value is $406,800. Housing costs are 10% lower than the state median of $454,400. The home-value-to-income ratio of 7.7x suggests that housing affordability is a significant concern for many residents. 42.0% of occupied housing units are owner-occupied. This homeownership rate is 34% lower than the state average of 63.8%.
Race & Ethnicity
The largest racial or ethnic group in Prospect Park is Hispanic or Latino, making up 64.9% of the population. White (non-Hispanic) residents account for 14.2%. The White (non-Hispanic) population (14.2%) is well below the state average of 50.9%. The Hispanic or Latino population is significantly higher than the state average (64.9% vs 22.5%).
Education
31.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% lower than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.2%.
Data Sources & Methodology
All demographic data for Prospect Park, New Jersey 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 New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. 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 Park, New Jersey?
Prospect Park, New Jersey has a population of 6,319 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Prospect Park, NJ?
The median household income in Prospect Park is $53,125, which is 34% lower than the national median of $80,734.
What is the poverty rate in Prospect Park, NJ?
The poverty rate in Prospect Park is 28.3%. This means approximately 1,768 residents live below the federal poverty line.
What is the racial makeup of Prospect Park, New Jersey?
Prospect Park's population is 14.2% White, 11.5% Black, 64.9% Hispanic/Latino, and 5.8% Asian.
What is the median home value in Prospect Park, NJ?
The median home value in Prospect Park is $406,800. The home-value-to-income ratio is 7.7x.
How educated is Prospect Park, New Jersey?
31.1% of adults (25+) in Prospect Park hold a bachelor's degree or higher, and 7.3% hold a graduate or professional degree.