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Prospect borough, Pennsylvania Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

As of 2026, Prospect borough, Pennsylvania has a total population of 1,104, the 943rd largest city in Pennsylvania, with a median household income of $81,042, which is 7% higher than the state average. The poverty rate is 6.3%.

Key Takeaways

Prospect borough Quick Facts

Population 1,104
Median Household Income $81,042
Median Home Value $170,600
Poverty Rate 6.3%
Unemployment Rate 5.8%
Median Age 45.5 years
Homeownership Rate 90.7%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 19.8%
High School Graduation Rate 97.6%
Diversity Index 7/100
Population 1,104 943rd of 1,993
Median Income $81,042 top 30%
Poverty Rate 6.3% 50% lower national
Median Home Value $170,600 average

How Prospect borough Compares

Economy & Housing

Employment

5.8% Unemployment Rate State: 5.3% | National: 5.2%
56.8% Labor Force Participation

Housing Overview

Owner 90.7%
Renter 9.3%
Affordability Index Very Affordable
2.1x home value to income ratio

People & Demographics

Diversity Index

7out of 100
Very Low Diversity

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

State average: 43 | National average: 60

Education

Prospect borough Rankings in Pennsylvania

#943 Population of 1,993
#545 Median Income of 1,993
#1090 Education of 1,993
#897 Home Value of 1,993

Other Cities in Butler County

CityPopulationMedian IncomePovertyHome Value
Butler city 13,306 $41,705 22.9% $112,500
Zelienople borough 3,870 $64,583 3.6% $272,500
Slippery Rock borough 3,434 $55,272 30.2% $230,200
Seven Fields borough 2,889 $116,042 0.9% $412,900
Evans City borough 2,061 $72,414 4.9% $209,800
Saxonburg borough 1,293 $52,083 8.8% $195,600
Mars borough 1,255 $58,000 12.3% $286,200
Harmony borough 1,218 $88,472 8.6% $268,100
Chicora borough 969 $64,583 8.1% $161,400
East Butler borough 902 $58,306 9.4% $131,000

Cities Similar to Prospect borough

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Colony Park CDP1,125$83,229$302,70054.3%0.0%
Dunnstown CDP1,117$84,583$204,10040.3%13.4%
South Waverly borough1,125$83,750$158,20024.2%8.5%
Dauphin borough1,065N/A$185,50055.4%11.3%
Ellport borough1,125$77,639$154,80017.6%8.0%

Population Overview

Prospect borough is a small community located in Pennsylvania, within Butler County. The total population is 1,104. It ranks as the 943rd most populous out of 1,993 cities and towns in Pennsylvania.

Age Demographics

The median age in Prospect borough is 45.5 years. This is 11% higher than the state median of 40.9 years.

Economy, Income & Housing

The median household income in Prospect borough is $81,042. This is 7% higher than the state median of $76,081. Compared to the national median of $78,538, household income here is 3% higher. The poverty rate stands at 6.3%. This is 47% lower than the state poverty rate of 11.8%. The unemployment rate is 5.8%. This is 10% higher than the state rate of 5.3%. The median home value is $170,600. Housing costs are 29% lower than the state median of $240,500. With a home-value-to-income ratio of just 2.1x, Prospect borough is one of the most affordable housing markets in the area. 90.7% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 69.3%.

Race & Ethnicity

Prospect borough has a predominantly White (non-Hispanic) population, comprising 96.2% of all residents. Asian residents account for 0.8%. The Hispanic or Latino population (0.4%) is well below the state average of 8.4%. The Asian population (0.8%) is well below the state average of 3.7%.

Education

19.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% lower than the state rate of 34.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.6%.

Data Sources & Methodology

All demographic data for Prospect borough, Pennsylvania 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 Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,993 Census-designated places in Pennsylvania. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Prospect borough, Pennsylvania?

Prospect borough, Pennsylvania has a population of 1,104 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Prospect borough, PA?

The median household income in Prospect borough is $81,042, which is 3% higher the national median of $78,538.

What is the poverty rate in Prospect borough, PA?

The poverty rate in Prospect borough is 6.3%. This means approximately 69 residents live below the federal poverty line.

What is the racial makeup of Prospect borough, Pennsylvania?

Prospect borough's population is 96.2% White, 0.0% Black, 0.4% Hispanic/Latino, and 0.8% Asian.

What is the median home value in Prospect borough, PA?

The median home value in Prospect borough is $170,600. The home-value-to-income ratio is 2.1x.

How educated is Prospect borough, Pennsylvania?

19.8% of adults (25+) in Prospect borough hold a bachelor's degree or higher, and 5.9% hold a graduate or professional degree.