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Prospect, New York Demographics & Population 2026

During the 2020–2024 ACS period, Prospect, New York had a total population of 218, the 1207th largest community in New York, with a median household income of $46,971, which is 45% lower than the state average. The poverty rate is 0.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Prospect Quick Facts

Population 218
Median Household Income $46,971
Median Home Value $86,800
Poverty Rate 0.0%
Unemployment Rate 0.0%
Median Age 54.2 years
Homeownership Rate 100.0%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 2.4%
High School Graduation Rate 92.1%
Diversity Index 0/100
Population 218 1207th of 1,289
Median Income $46,971 bottom 10%
Poverty Rate 0.0%
Median Home Value $86,800 bottom 10%

How Prospect Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population337218-35.3%
Median household income$46,413$46,971+1.2%
Median home value$104,400$86,800-16.9%

How Prospect Compares

Economy & Housing

Household Income Distribution

Under $25K 0.0%
$25K-$50K 55.0%
$50K-$100K 29.4%
$100K+ 15.6%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
31.2%
$35K-$40K
0.0%
$40K-$45K
0.0%
$45K-$50K
23.8%
$50K-$60K
8.3%
$60K-$75K
17.4%
$75K-$100K
3.7%
$100K-$125K
0.0%
$125K-$150K
15.6%
$150K-$200K
0.0%
$200K+
0.0%

Employment

0.0% Unemployment Rate State: 6.4%|National: 5.2%
75.0% Labor Force Participation

Housing Overview

Owner 100.0%
Renter 0.0%
Affordability Index Very Affordable
1.8x home value to income ratio

People & Demographics

Diversity Index

0out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 61

Education

Prospect Rankings in New York

#1207 Population of 1,289
#1145 Median Income of 1,219
#1272 Education of 1,288
#1196 Home Value of 1,232

Other Cities in Oneida County

CityPopulationMedian IncomePovertyHome Value
Utica 64,217 $52,484 27.5% $151,300
Rome 31,795 $59,925 18.1% $154,400
New York Mills 3,856 $57,578 34.4% $207,700
Whitesboro 3,633 $45,934 22.8% $160,700
Lake Delta 3,202 $100,094 1.8% $239,400
Sherrill 3,028 $88,947 5.7% $227,500
Camden 2,695 $78,375 7.5% $177,600
Yorkville 2,613 $72,969 4.2% $156,300
Washington Mills 2,112 $134,397 7.0% $231,300
Hamilton College 2,058 N/A 0.0% N/A

Cities Similar to Prospect

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Blodgett Mills212N/A$135,0007.8%11.3%
Hankins225$49,318$344,40047.2%16.4%
Piffard199$47,000$123,4009.6%3.0%
Wadsworth196N/AN/A0.0%89.3%
Rodman220$57,188$99,20016.2%5.0%

A note before these figures: with a population of 218, 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 New York, within Oneida County. The total population is 218. It ranks as the 1207th most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Prospect is 54.2 years. This is 36% higher than the state median of 39.8 years. 13.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Prospect is $46,971. This is 45% lower than the state median of $85,974. It is also 42% lower than the national median of $80,734. The ACS records no residents below the poverty line in Prospect. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. 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 $86,800. Housing costs are 80% lower than the state median of $423,800. With a home-value-to-income ratio of just 1.8x, 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 84% higher than the state average of 54.4%.

Race & Ethnicity

Every resident counted in Prospect was recorded as White (non-Hispanic). A figure of exactly 100.0% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.

Education

2.4% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 94% lower than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.1%.

Data Sources & Methodology

All demographic data for Prospect, New York 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 York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. 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, New York?

Prospect, New York has a population of 218 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Prospect, NY?

The median household income in Prospect is $46,971, which is 42% lower than the national median of $80,734.

What is the poverty rate in Prospect, NY?

The ACS sample for Prospect recorded no residents below the federal poverty line. Because the community is small, this indicates that the survey did not capture poverty here rather than that no poverty exists — the estimate carries a wide margin of error.

What is the racial makeup of Prospect, New York?

Prospect's population is 100.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Prospect, NY?

The median home value in Prospect is $86,800. The home-value-to-income ratio is 1.8x.

How educated is Prospect, New York?

2.4% of adults (25+) in Prospect hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.