Prospect CDP, Oregon Demographics & Population 2026

Population Overview

Prospect CDP is a small community located in Oregon. The total population is 724. It ranks as the 254th most populous out of 419 cities and towns in Oregon.

Age Demographics

The median age in Prospect CDP is 56.6 years. This is 41% higher than the state median of 40.1 years. 18.0% 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 CDP is $39,808. This is 51% lower than the state median of $80,426. Compared to the national median of $78,538, household income here is 49% lower. The poverty rate stands at 20.6%. This is 74% higher than the state poverty rate of 11.9%. 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 2.7%. This is 50% lower than the state rate of 5.4%. The median home value is $309,000. Housing costs are 32% lower than the state median of $454,200. The home-value-to-income ratio of 7.8x suggests that housing affordability is a significant concern for many residents. 79.2% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 63.4%.

Race & Ethnicity

The largest racial or ethnic group in Prospect CDP is White (non-Hispanic), making up 76.2% of the population. Hispanic or Latino residents account for 3.0%. The Hispanic or Latino population (3.0%) is well below the state average of 14.3%.

Education

14.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 61% lower than the state rate of 36.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.5%.

Data Sources & Methodology

All demographic data for Prospect CDP, Oregon 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 Oregon state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 419 Census-designated places in Oregon. For official data, visit data.census.gov.