Prospect village, Ohio Demographics & Population 2026

Population Overview

Prospect village is a small community located in Ohio. The total population is 1,330. It ranks as the 604th most populous out of 1,264 cities and towns in Ohio.

Age Demographics

The median age in Prospect village is 30.0 years. This is 24% lower than the state median of 39.6 years. With 35.9% of the population under 18, Prospect village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Prospect village is $68,807. This is 1% lower than the state median of $69,680. Compared to the national median of $78,538, household income here is 12% lower. The poverty rate stands at 7.2%. This is 46% lower than the state poverty rate of 13.2%. The unemployment rate is 3.7%. This is 25% lower than the state rate of 4.9%. The median home value is $162,100. Housing costs are 19% lower than the state median of $199,200. With a home-value-to-income ratio of just 2.4x, Prospect village is one of the most affordable housing markets in the area. 68.2% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 67.0%.

Race & Ethnicity

Prospect village has a predominantly White (non-Hispanic) population, comprising 95.4% of all residents. Hispanic or Latino residents account for 0.5%. The Hispanic or Latino population (0.5%) is well below the state average of 4.6%. The Asian population (0.2%) is well below the state average of 2.4%.

Education

15.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 51% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.7%.

Data Sources & Methodology

All demographic data for Prospect village, Ohio is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. For official data, visit data.census.gov.