Skip to main content

Prospect, Oregon Demographics & Population 2026

During the 2020–2024 ACS period, Prospect, Oregon had a total population of 723, the 254th largest community in Oregon, with a median household income of $53,625, which is 35% lower than the state average. The poverty rate is 15.3%.

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

Key Takeaways

Prospect Quick Facts

Population 723
Median Household Income $53,625
Median Home Value $326,400
Poverty Rate 15.3%
Unemployment Rate 0.0%
Median Age 56.2 years
Homeownership Rate 84.7%
Affordability Ratio 6.1x
Bachelor's Degree or Higher 16.4%
High School Graduation Rate 94.7%
Diversity Index 42/100
Population 723 254th of 420
Median Income $53,625 bottom 20%
Poverty Rate 15.3% 23% higher than national
Median Home Value $326,400 below average

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
Population724723-0.1%
Median household income$39,808$53,625+34.7%
Median home value$309,000$326,400+5.6%

How Prospect Compares

Economy & Housing

Household Income Distribution

Under $25K 18.5%
$25K-$50K 30.0%
$50K-$100K 27.5%
$100K+ 24.0%
Detailed income brackets
Under $10K
1.6%
$10K-$15K
1.6%
$15K-$20K
14.1%
$20K-$25K
1.3%
$25K-$30K
7.0%
$30K-$35K
0.0%
$35K-$40K
20.1%
$40K-$45K
1.3%
$45K-$50K
1.6%
$50K-$60K
8.0%
$60K-$75K
0.0%
$75K-$100K
19.5%
$100K-$125K
4.8%
$125K-$150K
15.7%
$150K-$200K
1.6%
$200K+
1.9%

Employment

0.0% Unemployment Rate State: 5.4%|National: 5.2%
28.2% Labor Force Participation

Housing Overview

Owner 84.7%
Renter 15.3%
Affordability Index Expensive
6.1x home value to income ratio
Median gross rent $843/mo 18.9% of median household income annually

People & Demographics

Diversity Index

42out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 46 | National average: 61

Education

Prospect Rankings in Oregon

#254 Population of 420
#313 Median Income of 379
#271 Education of 420
#238 Home Value of 381

Other Cities in Jackson County

CityPopulationMedian IncomePovertyHome Value
Medford 86,315 $73,230 13.2% $417,100
Ashland 21,259 $68,028 15.2% $583,800
Central Point 19,216 $86,058 6.7% $389,100
White City 10,750 $71,175 14.3% $302,400
Eagle Point 9,839 $84,126 10.0% $408,700
Talent 6,254 $62,543 11.7% $405,300
Phoenix 4,390 $66,508 11.5% $415,300
Shady Cove 3,076 $57,000 12.5% $367,900
Jacksonville 2,991 $90,341 9.2% $649,200
Rogue River 2,238 $54,537 12.6% $310,200

Cities Similar to Prospect

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Brooks664N/A$350,70016.6%8.8%
Garibaldi796$53,828$344,70024.3%14.7%
Malin799$49,643$206,9007.9%30.4%
Merrill819$56,607$204,7006.2%22.7%
Mosier714$73,278$333,80038.8%8.4%

A note before these figures: with a population of 723, 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 Oregon, within Jackson County. The total population is 723. It ranks as the 254th most populous out of 420 Census-designated places in Oregon.

Age Demographics

The median age in Prospect is 56.2 years. This is 39% higher than the state median of 40.4 years. 20.6% 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 $53,625. This is 35% lower than the state median of $83,011. It is also 34% lower than the national median of $80,734. The poverty rate stands at 15.3%. This is 28% higher than the state poverty rate of 11.9%. 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 $326,400. Housing costs are 32% lower than the state median of $477,600. The home-value-to-income ratio of 6.1x suggests that housing affordability is a significant concern for many residents. 84.7% of occupied housing units are owner-occupied. This homeownership rate is 34% higher than the state average of 63.3%.

Race & Ethnicity

The largest racial or ethnic group in Prospect is White (non-Hispanic), making up 73.7% of the population. Hispanic or Latino residents account for 7.2%. The Hispanic or Latino population (7.2%) is well below the state average of 14.7%.

Education

16.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 55% lower than the state rate of 36.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.7%.

Data Sources & Methodology

All demographic data for Prospect, Oregon 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 Oregon state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 420 Census-designated places in Oregon. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Oregon city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Prospect, Oregon?

Prospect, Oregon has a population of 723 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Prospect, OR?

The median household income in Prospect is $53,625, which is 34% lower than the national median of $80,734.

What is the poverty rate in Prospect, OR?

The poverty rate in Prospect is 15.3%. This means approximately 110 residents live below the federal poverty line.

What is the racial makeup of Prospect, Oregon?

Prospect's population is 73.7% White, 0.0% Black, 7.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Prospect, OR?

The median home value in Prospect is $326,400. The home-value-to-income ratio is 6.1x.

How educated is Prospect, Oregon?

16.4% of adults (25+) in Prospect hold a bachelor's degree or higher, and 5.3% hold a graduate or professional degree.